Goto Section: 95.815 | 95.819 | Table of Contents
Revised as of October 1, 2011
Goto Year:2010 |
§ 95.816 Competitive bidding proceedings.
(a) Mutually exclusive initial applications for 218-219 MHz Service
licenses are subject to competitive bidding. The general competitive
bidding procedures set forth in part 1, subpart Q of this chapter will
apply unless otherwise provided in this part.
(b) Installment payments. Eligible Licensees that elect resumption
pursuant to Amendment of part 95 of the Commission's Rules to Provide
Regulatory Flexibility in the 218-219 MHz Service, Report and Order and
Memorandum Opinion and Order, FCC 99-239 (released September 10, 1999)
may continue to participate in the installment payment program.
Eligible Licensees are those that were current in installment payments
( i.e. less than ninety days delinquent) as of March 16, 1998, or those
that had properly filed grace period requests under the former
installment payment rules. All unpaid interest from grant date through
election date will be capitalized into the principal as of Election Day
creating a new principal amount. Installment payments must be made on a
quarterly basis. Installment payments will be calculated based on new
principal amount as of Election Day and will fully amortize over the
remaining term of the license. The interest rate will equal the rate
for five-year U.S. Treasury obligations at the grant date.
(c) Eligibility for small business provisions. (1) A small business is
an entity that, together with its affiliates and controlling interests,
has average gross revenues not to exceed $15 million for the preceding
(2) A very small business is an entity that, together with its
affiliates and controlling interests, has average gross revenues not to
exceed $3 million for the preceding three years.
(d) Bidding credits. A winning bidder that qualifies as a small
business, as defined in this subsection, or a consortium of small
businesses may use the bidding credit specified in § 1.2110(f)(2)(ii)
of this chapter. A winning bidder that qualifies as a very small
business, as defined in this section, or a consortium of very small
businesses may use the bidding credit specified in accordance with
§ 1.2110(f)(2)(i) of this chapter.
(e) Winning bidders in Auction No. 2, which took place on July 28-29,
1994, that, at the time of auction, met the qualifications under the
Commission's rules then in effect, for small business status will
receive a twenty-five percent bidding credit pursuant to Amendment of
part 95 of the Commission's Rules to Provide Regulatory Flexibility in
the 218-219 MHz Service, Report and Order and Memorandum Opinion and
Order, FCC 99-239 (released September 10, 1999).
[ 64 FR 59660 , Nov. 3, 1999, as amended at 66 FR 9219 , Feb. 7, 2001; 67 FR 45378 , July 9, 2002; 68 FR 43001 , July 21, 2003]
Goto Section: 95.815 | 95.819
Goto Year: 2010 |
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