FOR IMMEDIATE RELEASE
PSC PREPARES FOR 2024 REVERSE AUCTION
Lincoln, November 21, 2023- The Nebraska Public
Service Commission (PSC) will release a list of areas
available for bid as well as starting prices for bidding
units for its upcoming 2024 Reverse Auction (NUSF-131
/P.O.2). Funds utilized in the Reverse Auction are made
available through the redistribution of Nebraska
Universal Service Fund (NUSF) support.
Beginning in January, the 2024 NUSF Reverse Auction
will seek to provide broadband capable voice service to
rural areas where telecommunication carriers Frontier
and Windstream have traditionally provided only voice
service. More than $21 million in NUSF support that was
either unused or withheld from the two companies will be
available in the 2024 proceeding.
Interested providers are encouraged to complete a pre-auction
application form. The form can be found and downloaded on
the Reverse Auction NUSF-131 page of the PSC website.
A reverse auction begins with an established starting price for
each bidding unit, with the winning bidder required to provide
service of at least 100 megabits per second up and down to
select areas. During successive rounds of the auction the
price for the bidding unit is lowered until there is a winning
bidder. Bidding ends when there is one bidder remaining for
any given bidding unit, and the overall bids for areas are
under the $21 million available budget.
A list of available areas and starting prices will be posted on
the Reverse Auction NUSF-131 page by Wednesday,
November 22. ###
Contact:
Deb Collins- Communications & Media Mgr.
(402) 471-0226
deb.collins@nebraska.gov