[Code of Federal Regulations]

[Title 47, Volume 2]

[Revised as of October 1, 2004]

From the U.S. Government Printing Office via GPO Access

[CITE: 47CFR24.249]



[Page 243]

 

                       TITLE 47--TELECOMMUNICATION

 

                    CHAPTER I--FEDERAL COMMUNICATIONS

                         COMMISSION (CONTINUED)

 

PART 24_PERSONAL COMMUNICATIONS SERVICES--Table of Contents

 

                         Subpart E_Broadband PCS

 

Sec. 24.249  Payment issues.



    (a) Timing. On the day that a PCS entity files its prior 

coordination notice (PCN) in accordance with Sec. 101.103(d) of this 

chapter, it must file a copy of the PCN with the clearinghouse. The 

clearinghouse will determine if any reimbursement obligation exists and 

notify the PCS entity in writing of its repayment obligation, if any. 

When the PCS entity receives a written copy of such obligation, it must 

pay directly to the PCS relocator or the voluntarily relocating 

microwave incumbent the amount owed within thirty days, with the 

exception of those businesses that qualify for installment payments. A 

business that qualifies for an installment payment plan must make its 

first installment payment within thirty days of notice from the 

clearinghouse. UTAM's first payment will be due thirty days after its 

reimbursement obligation is triggered, as described in Sec. 24.247(b).

    (b) Eligibility for Installment Payments. PCS licensees that are 

allowed to pay for their licenses in installments under our designated 

entity rules will have identical payment options available to them with 

respect to payments under the cost-sharing plan. The specific terms of 

the installment payment mechanism, including the treatment of principal 

and interest, are the same as those applicable to the licensee's 

installment auction payments. If, for any reason, the entity eligible 

for installment payments is no longer eligible for such installment 

payments on its license, that entity is no longer eligible for 

installment payments under the cost-sharing plan. UTAM may make 

quarterly payments over a five-year period with an interest rate of 

prime plus 2.5 percent. UTAM may also negotiate separate repayment 

arrangements with other parties.



[61 FR 29693, June 12, 1996, as amended at 62 FR 12757, Mar. 18, 1997]