Regulation 16 Bid requirements
(1)
In order to make a bid a bidder must, on a form provided to the bidder by OFCOM (“bid form”), specify the amount that it is willing to pay for the licence.
(2)
The amount of the bid shall be determined by the bidder, subject to the restrictions set out in regulation 21.
(3)
A bidder must not submit more than one bid in any one round.