Goto Section: 25.401 | 25.403 | Table of Contents
FCC 25.402
Revised as of
Goto Year:1996 |
1998
Sec. 25.402 Competitive bidding mechanisms.
(a) Tie bids. Where a tie bid occurs, the high bidder will be
determined by the order in which the bids were received by the
Commission.
(b) Maximum bid increments. The Commission may, by announcement
before or during the auction, establish maximum bid increments in dollar
or percentage terms.
(c) Minimum opening bid. The Commission will establish a minimum
opening bid for the DARS spectrum, and the amount of which will be
announced by Public Notice prior to the auction.
(d) Activity rules. The Commission will establish activity rules
which require a minimum amount of bidding activity. Bidders will be
entitled to request and be granted waivers of such rule. The Commission
will specify the number of waivers permitted in an auction, the
frequency with which they may be exercised, and the method of operation
of waivers by Public Notice prior to the auction.
Goto Section: 25.401 | 25.403
Goto Year: 1996 |
1998
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