Goto Section: 90.810 | 90.812 | Table of Contents

FCC 90.811
Revised as of
Goto Year:1996 | 1998
Sec. 90.811  Reduced down payment for licenses won by small businesses.

    Each winning bidder that qualifies as a small business shall make a 
down payment equal to ten percent of its winning bid (less applicable 
bidding credits); a winning bidder shall bring its total amount on 
deposit with the Commission (including upfront payment) to five percent 
of its net winning bid within five (5) business days after the auction 
closes, and the remainder of the down payment (five percent) shall be 
paid within five (5) business days following Public Notice that the 
Commission is prepared to award the license. The Commission generally 
will grant the license within ten (10) business days after receipt of 
the remainder of the down payment.


Goto Section: 90.810 | 90.812

Goto Year: 1996 | 1998
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