Paragraph 5 Determining the successful bidI1
England, Wales and Scotland
The Authority must in accordance with sub-paragraphs (2) to (5) select the successful bidder in respect of the BPPA.
The Authority must take no account of any bid made by a licensed supplier which—
is not connected to a GSP group that is specified in the eligible generator’s project information in relation to the generating station specified in that project information; or
was submitted before a revised OLR notice was issued in accordance with paragraph 3(1A) or 3(2)(c).
If only one bid was received, the Authority must select the licensed supplier which submitted that bid.
If more than one bid was received, the Authority must—
compare the amount of the management fee which, in accordance with relevant supply licence conditions, each bidder proposed for the BPPA; and
select as the successful bidder the licensed supplier which proposed the lowest amount.
Where the lowest amount of management fee is proposed in bids which are submitted by more than one licensed supplier, the Authority must select as the successful bidder the licensed supplier whose bid the Authority received first.
Within one day of the close of the auction, the Authority must give a notice to—
the licensed supplier which is selected under this paragraph, stating that the licensed supplier has been selected as the successful bidder in respect of the BPPA;
all other licensed suppliers which bid in the auction, stating that they have not been selected; and
the eligible generator, stating the name of the licensed supplier selected and enclosing the signed copies of the BPPA which the licensed supplier provided to the Authority in accordance with relevant supply licence conditions.
Annotations
Textual amendments
- F1
Sch. para. 5(2) substituted (1.10.2015) by The Power Purchase Agreement Scheme (Amendment) Regulations 2015 (S.I. 2015/1412), regs. 1(3), 11(1)
Commencement
- I1
Sch. para. 5 in force at 1.10.2015, see reg. 1(3)