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Form 175
Filing and Searching Auction Applications |
WTB
Wireless Telecommunications Bureau |
ULS
Universal Licensing System |
CORES
Commission Registration System |
GIS
Geographical Information Systems |
Rural Telecommunications
Telecommunications Service for Rural America |
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About Auctions
How Do I Become a Qualified Bidder?
In addition to filing an FCC
Form 175 application, each applicant must submit an upfront payment, which
is a refundable deposit toward the bids they plan to make in the auction. Prior
to an FCC auction, each license being auctioned is assigned a specific number
of bidding units, and the upfront payment is used to buy the right to bid on
those bidding units.
An applicant does not need to submit an upfront
payment for each license specified in its Form 175. Instead, the applicant
must only submit an upfront payment that will purchase the maximum number
of bidding units on which it will wish to bid (including any standing
high bids) in any single round. For example, an applicant may list 20
licenses in its Form 175, but only plan to bid on six of those licenses
in any one round. That applicant could then submit an upfront payment
that covers the bidding units for those six licenses. For the convenience
of applicants, the system has a built-in upfront payment calculator.
The number of bidding units purchased with the upfront
payment defines a bidder's maximum bidding eligibility. The maximum bidding
eligibility is the maximum amount of bidding units on which the applicant will
be permitted to bid (including any standing high bids) in any single round of
bidding.
Last reviewed/updated on 4/8/2002.
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