Goto Section: 90.810 | 90.812 | Table of Contents
Revised as of October 20, 2020
Goto Year:2020 |
§ 90.811 Reduced down payment for licenses won by small businesses.
Each winning bidder that qualifies as a small business shall make a
down payment equal to ten percent of its winning bid (less applicable
bidding credits); a winning bidder shall bring its total amount on
deposit with the Commission (including upfront payment) to five percent
of its net winning bid within five (5) business days after the auction
closes, and the remainder of the down payment (five percent) shall be
paid within five (5) business days following Public Notice that the
Commission is prepared to award the license. The Commission generally
will grant the license within ten (10) business days after receipt of
the remainder of the down payment.
Goto Section: 90.810 | 90.812
Goto Year: 2020 |
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