FCC 90.811 Revised as of October 1, 2007
Goto Year:2006 |
2008
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.
CiteFind - See documents on FCC website that
cite this rule
Want to support this service?
Thanks!
Report errors in
this rule. Since these rules are converted to HTML by machine, it's possible errors have been made. Please
help us improve these rules by clicking the Report FCC Rule Errors link to report an error.