RDOF Coalition Lobbies FCC Aides on Letter of Credit Rules
19 Apr 2024
A coalition of Rural Digital Opportunity Fund Phase I auction winners asked the FCC to waive its letter of credit (LOC) rules for RDOF, meeting separately with aides to Chairwoman Jessica Rosenworcel and Commissioners Brendan Carr, Geoffrey Starks and Anna…
Gomez (see 2311140077). The group proposed limiting LOCs to one year of support similar to NTIA's waiver for the broadband, equity, access and deployment program. "Maintaining the LOC while having to absorb the huge construction cost increases that RDOF winners are encountering exacerbates the significant financial burden RDOF Winners are already facing," the coalition said in a filing posted Thursday in docket 19-126.