| E-Rate Central News for the Week |
| January 10, 2005 |
|
|
| The E-Rate Central News for the Week is prepared by E-Rate Central. E-Rate
Central specializes in providing consulting, compliance, and forms processing
services to E-rate applicants and service providers. To learn more about our
services, please contact us by phone (516-832-2880) or
e-mail. |
|
| Wave 11 Funding for FY 2004 -
81% IC Threshold |
|
Wave 11, the first wave of funding commitments for FY 2004 since legislation
was signed to temporarily exempt E-rate from the Anti-Deficiency Act ("ADA"),
will be released on Tuesday, January 11, 2005. Funding in this wave totaled
$510 million for almost 2,700 applicants. Total funding for FY 2004 has now
reached $1.59 billion, only about $100 million behind the FY 2003 total at this
time last year.
The size of Wave 11, the largest of the funding year, reflects the release of a
backlog of commitments that the SLD had built up awaiting a solution to the ADA
accounting problem. For the first time since the August freeze, the SLD has
resumed funding Internal Connections requests. The threshold for Internal
Connections funding, which was at 90% prior to the freeze, was reduced to 81%
in this wave. The SLD continues to review Internal Connections requests at all
discount levels, presumably on the assumption that funding will ultimately fall
to lower levels.
|
| Two Important January
Deadlines |
|
Reminder: The following two important E-rate deadlines occur this month:
(1) Form 470: It is already late in the application window to file a Form 470
for FY 2005. If necessary, the last possible day to file a Form 470 is January
20th. Any Form 470 filed after this date will have an Allowable Contract Date
after the Form 471 filing deadline of February 17th. Applicants who miss the
Form 470 window will have only two options left for filing FY 2005 Form 471
applications. They can apply for discounts on multi-year contracts that were
based on valid Form 470s filed in earlier years, or for discounts on services
provided under state master contracts that were based on Form 470s filed by
their states.
(2) Form 472 (BEAR) or Form 474 (SPI): Unless otherwise extended, the last day
to submit invoices for non-recurring services for FY 2003 is January 28th. (For
recurring services, the comparable deadline was last October 28th.)
|
| Disclaimer: This newsletter may contain unofficial information on
prospective E-rate developments and/or may reflect our own interpretations of
E-rate practices and regulations. Such information is provided for planning and
guidance purposes only. It is not meant, in any way, to supplant official
announcements and instructions provided by either the SLD or the FCC. |
|