From the FCC site:
The formula utilized to calculate upfront payments is as follows:
Frequency Block A
BTA Population x Per Pop Multiple* x Frequency Block B*
Over 1,000,000 x $0.90 x 10%
100,000 - 1,000,000 x $0.60 x 10%
Under 100,000 x $0.30 x 10%
* All upfront payments are rounded up to the nearest dollar. A
minimum upfront payment amount has been set at $2,500 per license.
Please note that upfront payments are not attributed to
specific licenses, but instead will be translated to bidding units
to define the bidder's maximum bidding eligibility. Thus, an
applicant does not have to make an upfront payment to cover all
licenses for which the applicant has applied. Rather, the total
upfront payment defines the maximum amount of bidding units on which
the applicant will be permitted to bid (including standing high bids)
in any single round of bidding. In order to be able to place a bid
on a license, in addition to having specified that license on FCC
Form 175, a bidder must have an eligibility level that meets or
exceeds the number of bidding units assigned to that license. At a
minimum, an applicant's total upfront payment must be enough to
establish eligibility to bid on at least one of the licenses applied
for on FCC Form 175, or else the applicant will not be eligible to
participate in the auction.
In calculating the upfront payment amount, an applicant
should determine the maximum number of bidding units it may wish to
bid on in any single round, and submit an upfront payment covering
that number of bidding units. |
