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Regulation 25 Valid supplementary bids

Original text. Later amendments are not shown.

(1)

A supplementary bid shall only be taken into consideration for the purposes of determining—

(a)

the winning combination of principal stage bids under regulation 41;

(b)

the base price payable by a winning bidder under regulation 42;

if it satisfies the conditions set out in paragraph (2) (“valid supplementary bid”).

(2)

The conditions in respect of a supplementary bid are that—

(a)

the supplementary bid is made on a supplementary bids form that has been completed in accordance with regulation 17(3);

(b)

the amount of the supplementary bid specified by the bidder under regulation 17(3)(b) complies with the restrictions set out in regulation 26;

(c)

the supplementary bid complies with the requirement set out in regulation 17(5);

(d)

the supplementary bid is submitted in accordance with the restrictions set out in regulation 17(4) and (8); and

(e)

the completed supplementary bids form is submitted to OFCOM in accordance with regulation 35(1) and is received by OFCOM in accordance with regulation 35(2).