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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