§24.717. Bidding credits for licenses for frequency Block F.
47 C.F.R. § 24.717
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 § 24.720(b)(1), or a consortium of small businesses may use a bidding credit of fifteen percent, as specified in § 1.2110(f)(2)(iii) of this chapter, to lower the cost of its winning bid.
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 § 24.720(b)(2), or a consortium of very small businesses may use a bidding credit of twenty-five percent as specified in § 1.2110(f)(2)(ii) of this chapter, to lower the cost of its winning bid.
Notes, amendments, and revision history
Amendments
[68 FR 42999, July 21, 2003]
Source
Source: 59 FR 37604, July 22, 1994, unless otherwise noted.
Authority
Authority: 47 U.S.C. 154, 301, 302a, 303, 309 and 332.
Source
Source: 58 FR 59183, Nov. 8, 1993, unless otherwise noted. Redesignated at 59 FR 18499, Apr. 19, 1994.
Amendments
[68 FR 42999, July 21, 2003]