Sec. 90.1011  Submission of upfront payments and down payments.

    (a) The Commission will require applicants to submit an upfront 
payment prior to the start of a 220 MHz service

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auction. The amount of the upfront payment for each geographic area 
license auctioned and the procedures for submitting it will be set forth 
by the Wireless Telecommunications Bureau in a Public Notice in 
accordance with Sec. 1.2106 of this chapter.
    (b) Each winning bidder in a 220 MHz service auction, except those 
that qualify as small businesses or very small businesses pursuant to 
Sec. 90.1021(b)(1) or Sec. 90.1021(b)(2), must submit a down payment to 
the Commission in an amount sufficient to bring its total deposits up to 
20 percent of its winning bid within ten (10) business days following 
the release of a Public Notice announcing the close of bidding. Small 
businesses and very small businesses must submit a down payment to the 
Commission in accordance with Sec. 90.1017(c).