Sec. 26.206  Submission of upfront payments and down payments.

    (a) Where the Commission uses simultaneous multiple round auctions 
or oral sequential auctions bidders will be required to submit an 
upfront payment pursuant to the procedures set forth in Sec. 1.2106 of 
this chapter.
    (b) Winning bidders in an auction must submit a down payment to the 
Commission in accordance with the procedures set forth in Sec. 1.2107 
(a) and (b) of this chapter.
    (c) Notwithstanding paragraphs (a) and (b) of this section, eligible 
small businesses may submit a down payment of 5 percent of the winning 
bid five days after the auction closes and 5 percent five days after 
public notice that the license is ready for grant.