# Electricity Act 1989, Paragraph 35

Extent: E+W+S+N.I.

(1) The preferred bidder, in relation to a tender exercise, is the person whose name and address is specified in a notice which has been published under sub-paragraph (2) (and has not been withdrawn under sub-paragraph (4)).
(2) Where a tender exercise is held, as soon as the Authority is satisfied that it will grant a relevant licence to a particular person if certain matters are resolved to the Authority's satisfaction, it must publish a notice to that effect.
(2A) Where a tender exercise is held, as soon as a contract counterparty is satisfied that it will enter into a relevant contract with a particular person if certain matters are resolved to the counterparty’s satisfaction, it must publish a notice to that effect.
(3) A notice under sub-paragraph (2) or (2A) must—
(a) specify the name and address of the person, and
(b) describe, in general terms, those matters.
(4) The Authority may withdraw a notice under sub-paragraph (2) by publishing a notice to that effect.
(4A) A contract counterparty may withdraw a notice given by it under sub-paragraph (2A) by publishing a notice to that effect.
(5) A notice published under sub-paragraph (2) or (2A) must be withdrawn before a subsequent notice may be published under that sub-paragraph in relation to the same tender exercise.

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Source: https://www.legislation.gov.uk/ukpga/1989/29/schedule/2A/paragraph/35 (the official version)
Page: https://openlegislation.uk/electricity-act-1989/schedule-2A/paragraph-35
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.