Goto Section: 1.2102 | 1.2104 | Table of Contents
Revised as of October 1, 2020
Goto Year:2019 |
§ 1.2103 Competitive bidding design options.
(a) Public notice of competitive bidding design options. Prior to any
competitive bidding for initial licenses, public notice shall be
provided of the detailed procedures that may be used to implement
auction design options.
(b) Competitive bidding design options. The public notice detailing
competitive bidding procedures may establish procedures for collecting
bids, assigning winning bids, and determining payments, including
(1) Procedures for collecting bids. (i) Procedures for collecting bids
in a single round or in multiple rounds.
(ii) Procedures allowing for bids for specific items, bids for generic
items in one or more categories of items, or bids for one or more
aggregations of items.
(iii) Procedures allowing for bids that specify a price, indicate
demand at a specified price, or provide other information as specified
by competitive bidding policies, rules, and procedures.
(iv) Procedures allowing for bids that are contingent on specified
conditions, such as other bids being accepted or for packages of
licenses being awarded.
(v) Procedures to collect bids in one or more stages, including
procedures for transitions between stages.
(vi) Procedures for whether, when, and how bids may be modified during
(2) Procedures for assigning winning bids. (i) Procedures that take
into account one or more factors in addition to the submitted bid
amount, including but not limited to the amount of bids submitted in
separate competitive bidding.
(ii) Procedures to assign specific items to bidders following bidding
for quantities of generic items.
(iii) Procedures to incorporate public interest considerations into the
process for assigning winning bids.
(3) Procedures for determining payments. Procedures to determine the
amount of any payments made to or by winning bidders consistent with
other auction design choices.
[ 79 FR 48528 , Aug. 15, 2014]
Goto Section: 1.2102 | 1.2104
Goto Year: 2019 |
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