FCC 95.816 Revised as of October 1, 2006
Goto Year:2005 |
2007
Sec. 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 three
years.
(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 Sec. 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 Sec. 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]
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