47 C.F.R. § 24.712

Bidding credits for licenses won for frequency Block C.

Last amended: 2026Year: 2026Length: 149 wordsSubsections: 3Official source

Cite as 47 C.F.R. § 24.712 (2026)

(a) 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. (b) 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. (c) [Reserved] [67 FR 45371, July 9, 2002, as amended at 68 FR 42999, July 21, 2003; 90 FR 57705, Dec. 12, 2025]
Cross-references to the CFR
1.211024.720