FCC Record, Volume 28, No. 2, Pages 876 to 1828, February 1 - February 26, 2013 Page: 892
ix, 876-1828 p. ; 28 cm.View a full description of this book.
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minimum acceptable bid amount would instead be capped at $10,000 above the provisionally winning
bid. The Bureau seeks comment on the circumstances under which the Bureau should employ such a
limit, factors it should consider when determining the dollar amount of the limit, and the tradeoffs in
setting such a limit or changing other parameters, such as changing the minimum acceptable bid
percentage, the bid increment percentage, or the number of acceptable bid amounts. If the Bureau
exercises this discretion, it will alert bidders by announcement in the FCC Auction System during the
auction.
47. The Bureau seeks comment on the above proposals. Commenters may wish to address the
role of the minimum acceptable bids and the number of acceptable bid amounts in managing the pace of
the auction and the tradeoffs in managing auction pace by changing the bidding schedule, activity
requirements, or bid amounts, or by using other means.
6. Provisionally Winning Bids
48. Provisionally winning bids are bids that would become final winning bids if the auction were
to close in that given round. At the end of a bidding round, the FCC Auction System determines a
provisionally winning bid for each license based on the highest bid amount received. If identical high bid
amounts are submitted on a license in any given round (i.e., tied bids), the FCC Auction System will use a
random number generator to select a single provisionally winning bid from among the tied bids. (The
Auction System assigns a random number to each bid when the bid is entered. The tied bid with the
highest random number wins the tiebreaker.) The remaining bidders, as well as the provisionally winning
bidder, can submit higher bids in subsequent rounds. However, if the auction were to end with no other
bids being placed, the winning bidder would be the one that placed the provisionally winning bid. If the
license receives any bids in a subsequent round, the provisionally winning bid again will be determined
by the highest bid amount received for the license.
49. A provisionally winning bid will remain the provisionally winning bid until there is a higher
bid on the license at the close of a subsequent round, unless the provisionally winning bid is withdrawn.
We remind bidders that provisionally winning bids count toward activity for purposes of the activity
rule.35
7. Bid Removal
50. For Auction 95, the Bureau proposes the following bid removal procedures. Before the close
of a bidding round, a bidder has the option of removing any bid placed in that round. By removing a
selected bid in the FCC Auction System, a bidder may effectively "undo" any bid placed within that
round. In contrast to the bid withdrawal provisions described below, a bidder removing a bid placed in
the same round is not subject to a withdrawal payment. Once a round closes, a bidder may no longer
remove a bid. We seek comment on this bid removal proposal.
8. Bid Withdrawal
51. The Bureau seeks comment on the following bid withdrawal procedures for Auction 95.
When permitted in an auction, bid withdrawals provide a bidder with the option of withdrawing bids
placed in prior rounds that have become provisionally winning bids. A bidder may withdraw its
provisionally winning bids using the "withdraw bids" function in the FCC Auction System. A bidder that
withdraws its provisionally winning bid(s), if permitted, is subject to the bid withdrawal payment
provisions of the Commission rules.36
52. In the Part 1 Third Report and Order, the Commission explained that allowing bid
withdrawals facilitates efficient aggregation of licenses and the pursuit of backup strategies as
information becomes available during the course of an auction. The Commission noted, however, that
as See Section IV.B.2. "Activity Rule," above.
36 47 C.F.R. 1.2104(g), 1.2109.
37 Part I T7ird Report and Order, 13 FCC Red at 459-60 f 150.892
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United States. Federal Communications Commission. FCC Record, Volume 28, No. 2, Pages 876 to 1828, February 1 - February 26, 2013, book, February 2013; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc177412/m1/33/: accessed March 28, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.