FCC Eliminates Requirement to Amortize Funding Requests for Installation/Special Construction Charges Exceeding $500,000
In order to promote adoption of high-speed broadband connectivity, the Federal Communications Commission (FCC has) now permanently eliminated the requirement to amortize funding requests for Category One non-recurring installation and special construction for costs exceeding $500,000. This will help schools that need to pay significant up-front charges to bring broadband to their schools, allowing them to request funding on the full charge in the first year of the contract. The full text of FCC 20-3 can be found at https://www.fcc.gov/document/fcc-eliminates-e-rate-amortization-requirement.