Regulation 10 Determination of number of bidders
After the last day for withdrawal, OFCOM shall determine the number of bidders.
Where there are no bidders, OFCOM shall complete the award process by refunding to applicants which were not qualified, or withdrew in accordance with regulation 9, the initial deposits (where such deposits have not already been forfeited under regulation 49) but not any interest which has accrued on the deposits.
Where there is only one bidder, OFCOM shall follow the procedure set out in Part 4 of these Regulations.
Where the number of bidders is more than one, OFCOM shall follow the procedure set out in Part 5 of these Regulations.
OFCOM shall publish the names of the bidders on OFCOM’s internet website together with a statement of whether OFCOM will proceed in accordance with Part 4 or Part 5 (as the case may be) of these Regulations.