# The Wireless Telegraphy (Licence Award) (No. 2) Regulations 2007, Regulation 15: Primary bids


(1) A bid made during a primary bid round (“primary bid”) shall be at an amount in whole pounds, being the total amount of the round prices in that primary bid round for each lot included in the selection of lots in that primary bid.
(2) The round price means the price per lot determined in accordance with regulation 19 at which lots in a particular band are offered to bidders during a primary bid round.
(3) In order to make a primary bid a bidder must, on a form provided to the bidder by OFCOM (“primary bid form”)—
(a) specify in respect of one or more bands how many lots in each of those bands it wishes to be included in a licence; and
(b) specify an amount in whole pounds that it is willing to pay for the licence, being the total amount of the round prices in that primary bid round for the lots specified under sub-paragraph (a).
(4) In respect of each band, the number of lots in a band specified by a bidder under paragraph (3)(a) must not be greater than the available total for that band.
(5) Where the selection of lots in a primary bid includes lots in the national 10 GHz band, it must include at least two such lots.
(6) A bidder must not submit more than one primary bid in any primary bid round.
(7) The selection of lots in a primary bid made by a bidder must be such that the total number of eligibility points associated with the primary bid in accordance with paragraph (8) does not exceed the bidder’s eligibility limit for that primary bid round as determined in accordance with regulation 21 or 22 (as the case may be) and notified to the bidder in accordance with regulation 27(1)(c).
(8) The number of eligibility points associated with a primary bid shall be a number equal to the total of the eligibility points associated with each lot included in the selection of lots in that primary bid in accordance with Schedule 7.

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Source: https://www.legislation.gov.uk/uksi/2007/3380/regulation/15 (the official version)
Page: https://openlegislation.uk/wireless-telegraphy-licence-award-no-2-regulations-2007/regulation-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.