# The Wireless Telegraphy (Licence Award) Regulations 2025, Regulation 17: Principal stage bids


A principal stage bid is a bid for the inclusion in a licence of a specified number of lots (of a particular type) and a sum (which must be a whole number of thousands of pounds) which a bidder is willing to pay for a licence which includes those lots.

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Source: https://www.legislation.gov.uk/uksi/2025/669/regulation/17 (the official version)
Page: https://openlegislation.uk/wireless-telegraphy-licence-award-regulations-2025/regulation-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.