; and (2) for which a non-Federal entity will hold a license issued by the Nuclear Regulatory Commission. (b) Inclusions In conducting the study under subsection (a), the Secretary of Energy, in coordination with the Secretary of the Treasury, shall develop or identify an auction process or other system described in such subsection— (1) that includes— (A) a competitive bidding system; and (B) appropriate bidding methodology; (2) under which the Secretary of Energy may not select and enter into a contract with a non-Federal entity unless— (A) the consolidated interim storage facility with respect to which the contract will apply has been licensed by the Nuclear Regulatory Commission; (B) the Secretary of Energy has approval to store high-level radioactive waste or spent nuclear fuel resulting from civilian nuclear activities to which the Department of Energy holds title at such consolidated interim storage facility from each of— (i) the State in which the facility is to be located; (ii) any unit of local government with jurisdiction over the area in which the facility is to be located; and (iii) any impacted Indian Tribe; and (C) the Secretary of Energy or the non-Federal entity has conducted 1 or more public hearings in the vicinity of the site where the consolidated interim storage facility is to be located and in at least 1 other location within the State in which such facility is to be located to solicit public comments and recommendations.