Goto Section: 1.2102 | 1.2104 | Table of Contents
Revised as of October 1, 2014
Goto Year:2013 |
§ 1.2103 Competitive bidding design options.
Link to an amendment published at 79 FR 48528 , August 15, 2014.
(a) The Commission will choose from one or more of the following types
of auction designs for services or classes of services subject to
(1) Simultaneous multiple-round auctions (using remote or on-site
(2) Sequential multiple round auctions (using either oral ascending or
remote and/or on-site electronic bidding);
(3) Sequential or simultaneous single-round auctions (using either
sealed paper or remote and/or on-site electronic bidding); and
(4) Combinatorial (package) bidding auctions.
(b) The Commission may use combinatorial bidding, which would allow
bidders to submit all or nothing bids on combinations of licenses or
authorizations, in addition to bids on individual licenses or
authorizations. The Commission may require that to be declared the high
bid, a combinatorial bid must exceed the sum of the individual bids by
a specified amount. Combinatorial bidding may be used with any type of
auction. The Commission may also allow bidders to submit contingent
bids on individual and/or combinations of licenses.
(1) Apportioned package bid. The apportioned package bid on a license
is an estimate of the price of an individual license included in a
package of licenses in an auction with combinatorial (package) bidding.
Apportioned package bids shall be determined by the Commission
according to a methodology it establishes in advance of each auction
with combinatorial bidding.
(2) Substitute for bid amount. The apportioned package bid on a license
included in a package shall be used in place of the amount of an
individual bid on that license when the bid amount is needed to
determine the size of a designated entity bidding credit (see
§ 1.2110(f)(1) and (f)(2)), a new entrant bidding credit (see
§ 73.5007), a bid withdrawal or default payment obligation (see
§ 1.2104(g)), a tribal land bidding credit limit (see
§ 1.2110(f)(3)(iv)), or a size-based bidding credit unjust enrichment
payment obligation (see § 1.2111(d), (e)(2) and (e)(3)), or for any
other determination required by the Commission's rules or procedures.
(c) The Commission may use single combined auctions, which combine
bidding for two or more substitutable licenses and award licenses to
the highest bidders until the available licenses are exhausted. This
technique may be used in conjunction with any type of auction.
(d) The Commission may use real time bidding in all electronic auction
[ 59 FR 44293 , Aug. 26, 1994, as amended at 62 FR 13542 , Mar. 21, 1997;
63 FR 2341 , Jan. 15, 1998; 68 FR 42995 , July 21, 2003; 71 FR 6226 , Feb.
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Goto Section: 1.2102 | 1.2104
Goto Year: 2013 |
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