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Clearinghouse Proposal Fits Order, RFP Guidelines, CohnReznick Team Tells FCC

The CohnReznick team nominated by the search committee as C-band relocation payment clearinghouse is supported by a financial institution, commercial bank Truist, and that's consistent with the C-band clearing order and the clearinghouse request for proposals, per a docket 18-122…

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ex parte posting Wednesday on a meeting between CohnReznick team members and FCC staff. CohnReznick team members said neither the order nor request for proposal requires a financial institution be a signatory to a clearinghouse agreement. Rival Vertix Consulting has criticized the team for lack of a banking representative (see 2008190045). Speaking with CohnReznick team members included FCC Managing Director Mark Stephens and acting General Counsel Ashley Boizelle.