§ 24.717   Bidding credits for licenses for frequency Block F.

   (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.

   [ 68 FR 42999 , July 21, 2003]

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