FCC To Hold Reverse Auction Workshop May 24

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The workshop is set for 10 am to 1 pm Washington time next Tuesday at FCC headquarters. Prior to the workshop, an online tutorial will be available that includes an overview of the bidding software and a review of the bidding procedures that bidders should understand in order to participate in the auction.

The FCC “strongly” encourages all participants to view the online tutorial before the workshop. It will cover “what happens from now until the first round of the clock phase opens; bidding procedures highlights; walk-through of the reverse auction bidding software for stage one; overview of the incentive auction public reporting system, and an introduction to the reverse auction bidding software for a new stage. There will also be a question and answer session.  

The FCC said qualified bidders can log in to the Auction System during a preview period that will open at 10:00 a.m. ET on May 23, 2016, and close at 6:00 p.m. ET on May 24, 2016. During the preview period, the agency encourages authorized bidders to log in to the Auction System in order to view the list of stations for which they may make bids in the clock phase; each station’s bidding status; the initial relinquishment option assigned to the station; and, where applicable, the available bid options with associated vacancy ranges and next round clock price offers. A mock auction will take place May 25 and 26, 2016.

 

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