Presentation on theme: "700 MHz Band Licenses Auctions 73 & 76. Disclaimer Nothing herein is intended to supersede any provision of the Commission's rules or public notices."— Presentation transcript:
700 MHz Band Licenses Auctions 73 & 76
Disclaimer Nothing herein is intended to supersede any provision of the Commission's rules or public notices. These slides should not be used as a substitute for a prospective applicant's review of the Commission's relevant orders, rules, and public notices. Prospective applicants must familiarize themselves thoroughly and remain current with the Commission's rules, Orders, and Public Notices relating to the 700 MHz Band service, rules relating to application and auction procedures, and the procedures, terms and conditions contained in the Auctions 73 and 76 public notices.
FCC Form 159 After completing the FCC Form 175, filers will have access to an electronic version of the FCC Form 159 (Remittance Advice) that should be printed and faxed to Mellon Bank in Pittsburgh, PA at (412) The form has been pre-filled based on the information that was provided in your FCC Form 175 Application.
Continued If you choose not to use the electronic version of the Form 159, detailed instructions for completion of the FCC Form 159 are included in Attachment F of Public Notice DA , Dated October 5, 2007.
Auction 73 Upfront Payments Deadline All upfront payments for participation in Auction 73 must be received at Mellon Bank by 6:00 p.m. ET on December 28, All payments must be in U.S. Dollars. All payments must be made by Wire Transfer. No other method of payment is acceptable
Upfront Payments (Continued) Upfront payments for Auction 73 go to a lockbox number different from the lockboxes used in previous FCC Auctions, and are different from the lockbox number to be used for post-auction payments. Applicants for Auctions 73 & 76 will not become qualified bidders if they fail to deliver an upfront payment to participate in Auction 73 by the December 28, 2007 deadline.
Making Auction Payment By Wire Transfer To avoid untimely payments, applicants should discuss arrangements (including bank closing schedules) with their banker several days before they plan to make the wire transfer, and allow sufficient time for the transfer to be initiated and completed before the deadline.
Auction 73 Applicants will need the following information: ABA Routing Number: Receiving Bank: Mellon Pittsburgh 500 Ross Street Pittsburgh, PA Beneficiary: FCC/Account # OBI Field: (skip one space between each information item) “AUCTIONPAY” Applicant FCC Registration No (FRN): (same as FCC Form 159, Block 21)
Wire Transfer Instructions (continued) Payment Type Code: (“A73U”) FCC Code 1: (same as FCC Form 159, block 28A) enter “73” Payer Name: (same as FCC Form 159, block 2) Lockbox No: “358405” OBI Field Example AuctionPay A73U 73 FCC Test 1-B
REFUNDS Bidders are encouraged to file their refund information electronically using the Refund Information icon found on the Auction Application Manager page or through the Wire Transfer for Refund Purposes link available in various locations throughout the FCC Auction System. If an applicant has not completed the refund instructions electronically, the applicant may send a written request for refund by mail or facsimile. Instructions provided on page 37 and 38 of the Procedures Public Notice.
REFUNDS (Cont’d) If Auction 76 is needed: Bidders will be given an opportunity to supplement their upfront payment prior to the start of Auction 76. Auction 73 refunds will not be processed until Auction 76 closes. Further information will be provided via public notice at the close of Auction 73.
REMINDERS AND KEY POINTS Auction 73 Upfront Payments are due December 28, 2007 by 6:00 p.m. ET – Instructions are on Pages of the Procedures Public Notice DA Multiple upfront payments are permissible but a Form 159 must accompany each payment. Please make sure that you always use the same Applicant FRN that was used when you completed your Form 175. Please pay special attention to Pages of your Procedures PN (Post-Auction Procedures Section).
For additional questions, please contact: Gail Glasser – (202)