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Article 7 Consumer benefit criterion in respect of an early-model tender exercise

Original text. Later amendments are not shown.

(1)

 A cost-benefit analysis in respect of a project must demonstrate that the non-tendered consumer impact does not outweigh the tendered consumer impact.

(2)

In this regulation—

  • “cost-benefit analysis” means—

    1. (a)

      an analysis of the costs and of the benefits to consumers; and

    2. (b)

      a reasonable estimate of those costs and of those benefits;

  • “non-tendered consumer impact” means the estimated overall impact of a network need being addressed otherwise than through a tender exercise;

  • “tendered consumer impact” means the estimated overall impact of a network need being addressed by a project through a tender exercise.