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PSC To Conduct Reverse Auction

PSC To Conduct Reverse Auction


                        PSC TO CONDUCT REVERSE AUCTION

Lincoln, June 28, 2022 – The Nebraska Public Service Commission
(PSC), has issued an Order (NUSF-131) approving a schedule and
setting procedures for a reverse auction to bring broadband service
of at least 100 megabits per second up and down to select areas
of Nebraska.

More than $13 million in support will be available to approved
participants in the reverse auction which is funded through the
redistribution of Nebraska Universal Service Fund (NUSF) support.

“We are eager to conduct a reverse auction,” said Commission
Chair Dan Watermeier. “We see this as another tool along with
other NUSF programs and the Nebraska Broadband Bridge Grant
Program to get broadband into our rural areas.”

Areas eligible for bidding in the reverse auction can be viewed
on the PSC mapping website under the Reverse Auction NUSF-131
page of the PSC website.

A pre-auction application form is available on the PSC website for
eligible entities wanting to participate in the reverse auction. The
deadline for pre-applications to be filed is no later than 5 p.m.,
July 15.  All pre-application filings must be submitted electronically
to < >. The auction is scheduled to begin
August 8.                           

A reverse auction generally begins with each bidding unit receiving
a starting price, and during successive rounds of the auction,
the price for the bidding unit is lowered until there is a winning
bidder. Additional details on how the auction will be conducted
can be found on the PSC website.

Commissioner Watermeier said, “It’s been a lot of work to get to this
point. We would like to thank everyone who contributed to the reverse
auction process and would encourage all eligible entities to
participate.” ###

Deb Collins- Media & Communications Mgr.
(402) 471-0226

reverse auction graphic

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