Sec. 90.909  License grant, denial, default, and disqualification.

    (a) Except with respect to entities eligible for installment 
payments (see Sec. 90.912) each winning bidder will be required to pay 
the balance of its winning bid in a lump sum payment within five (5) 
business days following Public Notice that the license is ready for 
grant. The Commission will grant the license within ten (10) business 
days after receipt of full and timely payment of the winning bid amount.
    (b) A bidder who withdraws its bid subsequent to the close of 
bidding, defaults on a payment due, or is disqualified, will be subject 
to the payments specified in Sec. 90.905 or Sec. 1.2109 of this chapter, 
as applicable.
    (c) EA licenses pursued through competitive bidding procedures will 
be granted pursuant to the requirements specified in Sec. 90.166.