The Government should not give a fixed fee of Rs 5 crore to an agency for conducting spectrum auctions but pay only if the radiowaves are sold at prices higher than the base rate, a ministerial panel has suggested, sources said.
"Inter-ministerial committee (IMC) on spectrum auction has recommended that payment would be made to the auctioneer only for a successful auction with respect to a particular service area. Only percentage of difference between reserve price and spectrum winning price will be paid," an official said. The Department of Telecom is working on modalities for next round of spectrum auction for which it needs to appoint an aency that will design software and operate whole auction process which is conducted online.The department selects auctioneer through tender process. Earlier auctions had provision of paying fixed fee of Rs 5 crore along with variable fee quoted by the auctioneer.