17 Dec '13, 12am

Public Comment Invited: New gTLD Auction Rules

Auction Rules version 2013.12.12 – provides a detailed insight into all facets of the Auctions program, including eligibility, scheduling considerations, preparation procedures, deposits, bidding limits, bidding procedures, the conclusion of auctions, payments and refunds. This version of the Auction Rules only addresses Contention Sets with direct contention relationships; an update or addendum will be published at later time to address Contention Sets with both direct and indirect contention relationships. Bidder Forms – allows an applicant to designate itself or another entity to act as the bidder on its behalf. These forms will be used by ICANN and Power Auctions (the Auction Manager) to perform due diligence, set up a bank subaccount and a user account on the Auction Site. The bidder forms must be completed for each application participating in an Auction. Bidder Agre...

Full article: http://www.icann.org/en/news/public-comment/new-gtld-auct...

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