The CBIC posted the newly released single payment amounts for the Round 1 Recompete on October 1st. As a part of the Competitive Bidding program CMS is required to “recompete” contracts at least once every three years. Round 1 of Competitive Bidding affects nine metropolitan areas. While it initially began with a false start, it was re-launched as the Round 1 Rebid program which officially took effect on January 1, 2011. The existing contracts under Round 1 Rebid will expire on December 31, 2013. With the announcement of payment rates for the next round of competition, CMS will take the next three months to establish contracts and educate providers before the Round 1 Recompete launches on January 1, 2014. A total of 16 products are affected by Round 1 Recompete which CMS has broken into six categories.