Bidding Procedures Set for Auction 98 - Radio World

Bidding Procedures Set for Auction 98

Short-form applications due May 28
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Those who plan to take part in the upcoming auction of FM construction permits need to get their short-form (FCC Form 175) applications into the FCC by 6 p.m. Eastern on May 28.

More than half of the 131 CPs to be auctioned are in Texas.

Overall, the lowest minimum bid set by the agency is $500; that’s for three Texas CPs: a Class A in Guthrie, another Class A in Memphis and a Class C2 in Sanderson. The highest opening bids are $75,000 for a Class C2 in Columbia, Mo., another C2 in Longview, Texas, and a Class C in Toquerville, Utah.

Eighteen of the allocations either didn’t receive bids in previous auctions or the winners defaulted on the payments.

Bidding on the 131 CPs is set to begin on July 23.

The FCC asked for public comment on the competitive bidding procedures for this auction (to AU Docket 15-3) by April 1. Those have been reviewed and the agency has set its competitive bidding procedures for the auction.

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