Part 5 The Principal Stage

1. 1Principal stage rounds
2. 2The first principal stage round
3. 3The second and subsequent principal stage rounds
4. 4Bid selection process for OFCOM to determine posted demand numbers and excess demand after the end of the second (and each subsequent) principal stage round
5. 5Determination by OFCOM of each bidder’s posted demand number and determination of the posted price after the second and subsequent principal stage rounds
6. 6Determination by OFCOM of excess demand after the second and subsequent principal stage
7. 7Eligibility limits during the principal stage
8. 8Deposits during the principal stage
9. 9Publication of information each day
10. 10End of principal stage