The FCC just announced the predicted opening bid prices for each city in the upcoming spectrum auction.
The FCC's The Incentive Auction Task Force and the Wireless Telecommunications Bureau just announced the predicted opening bid prices for the reverse auction (Auction 1001). For those stations planning to participate in the reverse auction, the attached document should be carefully examined.
The spreadsheet lists the opening prices that will be offered to each full power and Class A station eligible to participate in the auction, for each of the possible bid options available to that station, calculated using the formula adopted by the Commission in the Auction 1000 Bidding Procedures Public Notice and the final baseline and constraint files released in conjunction with the Auction 1000 Application Procedures Public Notice.
A station is identified in the spreadsheet as “Not Needed” if the auction system has determined that the station will always have a feasible channel assignment in its pre-auction band at all of the possible auction clearing targets.
To participate in the reverse auction, a full power or Class A broadcast television licensee must file an application during the filing window specified in the Auction 1000 Application procedures PN. The filing window for the reverse auction will open at noon ET on December 1, 2015, and close at 6:00pm p.m. ET on December 18, 2015.
The application must be submitted prior to the closing of the filing window. Late applications will not be accepted.
A reverse auction applicant will also be required to commit to a preferred initial bid option by March 29, 2016. In order to qualify to bid in the clock rounds of the reverse auction, only full power and Class A licensees that have filed an application prior to December 18, 2015, that is deemed complete will be eligible to make an initial bid commitment and participate in the clock rounds.