N.Y. Comp. Codes R. & Regs. tit. 21 § 507.7

Current through Register Vol. 46, No. 51, December 18, 2024
Section 507.7 - Auction format

The initial auction shall be conducted as a single round sealed-bid uniform price auction. The authority, in consultation with the committee, may employ a single round sealed-bid uniform price auction or an ascending price, multiple round auction in subsequent auctions.

N.Y. Comp. Codes R. & Regs. Tit. 21 § 507.7