{"data":{"id":"us/47-cfr-24.712","jurisdiction":"us","citation":"47 CFR 24.712","heading":"Bidding credits for licenses won for frequency Block C.","body":"(a) Except with respect to licenses won in closed bidding in auctions that begin after March 23, 1999, a winning bidder that qualifies as a small business, as defined in § 24.720(b)(1), or a consortium of small businesses may use a bidding credit of fifteen percent, as specified in § 1.2110(f)(2)(iii) of this chapter, to lower the cost of its winning bid.\n(b) Except with respect to licenses won in closed bidding in auctions that begin after March 23, 1999, a winning bidder that qualifies as a very small business, as defined in § 24.720(b)(2), or a consortium of very small businesses may use a bidding credit of twenty-five percent as specified in § 1.2110(f)(2)(ii) of this chapter, to lower the cost of its winning bid.\n(c) [Reserved]","path":["Title 47—Telecommunication","CHAPTER I—FEDERAL COMMUNICATIONS COMMISSION","SUBCHAPTER B—COMMON CARRIER SERVICES","PART 24—PERSONAL COMMUNICATIONS SERVICES","Subpart H—Competitive Bidding Procedures for Broadband PCS"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-47.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:28Z","sha256":"614ea2e88b059bc705a0405a4d920c5e028cf4e6da9d3334798b3e4b419ea71a","source_id":"us-cfr","stale":true,"prev":"us/47-cfr-24.710-24.711","next":"us/47-cfr-24.713"},"notice":"GroundRules: Original legal text. Not legal advice."}