PxPixel
FCC Announces Winning Bidders for Auction 83 - Radio World

FCC Announces Winning Bidders for Auction 83

The FM translator construction permit auction generated $574,771 from 20 bidders
Author:
Publish date:

The Federal Communications Commission says Auction 83 for FM translator construction permits closed last week, and the winning bidders have now been announced.

In net bids, the FCC says the auction raised $574,771 from 20 bidders who were granted 30 construction permits.

[Read: After 15 Years, Additional Auction 83 Bids Set to Begin]

Winning bids were made for permits in Alabama, Arkansas, California, Colorado, Florida, Georgia, Hawaii, Iowa, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Montana, North Carolina, South Carolina, Texas, Utah, Vermont and Wisconsin.

The highest bid was $301,000, entered by Carolina Radio Group for a permit in Morrisville, N.C. The lowest bid was $750 — made by nine winners.

See a full list of the winners online here.

But the winners are not quite over the finish line yet. Winner bidders must wire a 20% down payment to the commission no later than 6 p.m. (ET) on July 16. Final payments are then due July 30. Check out a breakdown of the money the bidders owe the commission here.

Additionally (this is the FCC after all), bidders must “submit electronically a properly completed long-form application (FCC Form 349, Application for Authority to Construct or Make Changes in an FM Translator or FM Booster Station)” for each permit prior to midnight (ET) on Aug. 8. The filing window will open July 9.

[Want more information like this? Subscribe to our newsletter and get it delivered right to your inbox.]

Related