FCC 24.712 Revised as of October 1, 2006
Goto Year:2005 |
2007
Sec. 24.712 Bidding credits for licenses won for frequency Block C.
(a) Except with respect to licenses won in closed bidding in auctions that
begin after March 23, 1999, a winning bidder that qualifies as a small
business, as defined in Sec. 24.720(b)(1), or a consortium of small businesses
may use a bidding credit of fifteen percent, as specified in
Sec. 1.2110(f)(2)(iii) of this chapter, to lower the cost of its winning bid.
(b) Except with respect to licenses won in closed bidding in auctions that
begin after March 23, 1999, a winning bidder that qualifies as a very small
business, as defined in Sec. 24.720(b)(2), or a consortium of very small
businesses may use a bidding credit of twenty-five percent as specified in
Sec. 1.2110(f)(2)(ii) of this chapter, to lower the cost of its winning bid.
(c) Unjust enrichment. The unjust enrichment provisions of Sec. 1.2111(d) and
(e)(2) of this chapter shall not apply with respect to licenses acquired in
either the auction for frequency block C that began on December 18, 1995, or
the reauction of block C spectrum that began on July 3, 1996.
[ 67 FR 45371 , July 9, 2002, as amended at 68 FR 42999 , July 21, 2003]
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