Regulation 46 Assignment stage round and assignment stage bids

The procedure set out in this chapter applies to any band where lots in that band were specified in more than one winning principal stage bid.

In respect of those bands, there shall be one further round (“assignment stage round”) to determine which paired frequency ranges in those bands shall be assigned to winning bidders.

Only bidders that submitted a winning principal stage bid where the lots specified in that bid included a lot or lots in one or more of the bands to which the assignment stage round relates may take part in the assignment stage round.

A bid made during the assignment stage round (“assignment stage bid”) shall be a bid for a paired frequency range at an amount in whole pounds specified by the bidder.

A bidder taking part in the assignment stage round may only bid for the paired frequency ranges that OFCOM determine are available to that bidder in accordance with regulation 47.

A bidder may submit no more than one assignment stage bid for each paired frequency range so determined.

A bidder is not required to submit an assignment stage bid.

In order to make an assignment stage bid for a paired frequency range in a band, a bidder must, on a form provided to the bidder by OFCOM (“assignment stage bid form”), specify an amount in whole pounds that it is willing to pay for a licence that includes that paired frequency range, in addition to the base price for that bidder’s winning principal stage bid determined under regulation 42.