Sec.  1.2103   Competitive bidding design options.

   (a) The Commission will choose from one or more of the following types of
   auction designs for services or classes of services subject to competitive
   bidding:

   (1) Simultaneous multiple-round auctions (using remote or on-site electronic
   bidding);

   (2) Sequential multiple round auctions (using either oral ascending or
   remote and/or on-site electronic bidding);

   (3) Sequential or simultaneous single-round auctions (using either sealed
   paper or remote and/or on-site electronic bidding); and

   (4) Combinatorial (package) bidding auctions.

   (b) The Commission may use combinatorial bidding, which would allow bidders
   to submit all or nothing bids on combinations of licenses or authorizations,
   in addition to bids on individual licenses or authorizations. The Commission
   may require that to be declared the high bid, a combinatorial bid must
   exceed the sum of the individual bids by a specified amount. Combinatorial
   bidding may be used with any type of auction. The Commission may also allow
   bidders to submit contingent bids on individual and/or combinations of
   licenses.

   (1) Apportioned package bid. The apportioned package bid on a license is an
   estimate of the price of an individual license included in a package of
   licenses in an auction with combinatorial (package) bidding. Apportioned
   package bids shall be determined by the Commission according to a
   methodology it establishes in advance of each auction with combinatorial
   bidding.

   (2) Substitute for bid amount. The apportioned package bid on a license
   included in a package shall be used in place of the amount of an individual
   bid on that license when the bid amount is needed to determine the size of a
   designated entity bidding credit (see  Sec. 1.2110(f)(1) and (f)(2)), a new
   entrant bidding credit (see  Sec. 73.5007), a bid withdrawal or default payment
   obligation (see  Sec. 1.2104(g)), a tribal land bidding credit limit (see
    Sec. 1.2110(f)(3)(iv)), or a size-based bidding credit unjust enrichment payment
   obligation (see  Sec. 1.2111(d), (e)(2) and (e)(3)), or for any other
   determination required by the Commission's rules or procedures.

   (c) The Commission may use single combined auctions, which combine bidding
   for two or more substitutable licenses and award licenses to the highest
   bidders until the available licenses are exhausted. This technique may be
   used in conjunction with any type of auction.

   (d) The Commission may use real time bidding in all electronic auction
   designs.

   [ 59 FR 44293 , Aug. 26, 1994, as amended at  62 FR 13542 , Mar. 21, 1997;  63 FR 2341 , Jan. 15, 1998;  68 FR 42995 , July 21, 2003;  71 FR 6226 , Feb. 7, 2006]