OpenLegislation

Regulation 28 Notification of successful bidderI1

England, Wales and Scotland

(1)

Where the Authority is satisfied that the preferred bidder has resolved the matters described in the notice published in accordance with regulation 21(6), that preferred bidder shall become the successful bidder.

(2)

As soon as reasonably practicable after the Authority has determined to grant an offshore transmission licence to the successful bidder in respect of a particular qualifying project it must publish a notice to that effect.

(3)

The notice must specify the name and address of the successful bidder.

(4)

The Authority must give notice to the successful bidder requiring the bidder to—

(a)

make a payment to the Authority of an amount determined by the Authority to be reasonable for the purpose of recovering the Authority’s tender costs; and

(b)

where the Authority has published a notice under regulation 14 stating that the Authority will reimburse bid costs in accordance with regulation 29(6), make a payment to the Authority of an amount that is equal to the Authority’s costs in reimbursing bid costs.

Annotations

Commencement

I1

Reg. 28 in force at 3.8.2015, see reg. 1(1)