Regulation 15 Best and final offer stage: final offer phaseI1

England, Wales and Scotland

(1)

The competent authority must determine when the dialogue phase ends in accordance with any requirements set out in the best and final offer documentation.

(2)

At the end of the dialogue phase, the competent authority must commence the final offer phase by giving the notice described in paragraph (3).

(3)

The notice described in this paragraph is a notice to each selected qualifying bidder—

(a)

informing them that the dialogue phase is ended and that the final offer phase is commenced;

(b)

providing an updated statement of the regulated business information;

(c)

confirming or updating the evaluation criteria that were included in the best and final offer documentation; and

(d)

inviting them to submit a best and final offer in accordance with the requirements of the best and final offer documentation (including a confirmation of the date and time requirements for such submission).

Annotations

Commencement

I1: Reg. 15 in force at 12.10.2012, see reg. 1