OpenLegislation

Regulation 27 Notice to be given to bidders before primary bid rounds and extensions to rounds

Original text. Later amendments are not shown.

(1)

Before the start of each primary bid round, OFCOM shall notify each bidder of—

(a)

the date on which, and the times on that date within which, subject to paragraph (2), bidders may make primary bids;

(b)

in respect of each lot, the round price for the lot (determined in accordance with regulation 19); and

(c)

the eligibility limit for that bidder for that primary bid round (determined in accordance with regulation 21 or 22 as the case may be).

(2)

The time notified by OFCOM under paragraph (1)(a) as the end of the primary bid round (“end of round time”) may be treated by a bidder in respect of—

(a)

no more than two primary bid rounds; and

(b)

for each primary round in respect of which paragraph (3) applies to the bidder, a further primary bid round,

as that time extended by thirty minutes, and OFCOM shall treat the extended time as the end of round time for the purposes of paragraph (1)(a).

(3)

This paragraph applies to a bidder where—

(a)

in respect of a previous primary bid round, the bidder treated the end of round time for that round as extended by thirty minutes in accordance with paragraph (2);

(b)

the bidder submitted its completed primary bid form for that primary bid round so that it was received by OFCOM by the end of round time so extended; and

(c)

OFCOM have notified the bidder that they are satisfied that, in respect of that primary bid round, circumstances existed which were beyond the bidder’s control which had the effect that the bidder could not have submitted its primary bid form so that it was received by OFCOM by the end of round time without such an extension.