Goto Section: 1.2102 | 1.2104 | Table of Contents
FCC 1.2103
Revised as of October 1, 2008
Goto Year:2007 |
2009
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]
Goto Section: 1.2102 | 1.2104
Goto Year: 2007 |
2009
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