Regulation 82 26 GHz upper assignment stage bids
In order to bid for a 26 GHz upper assignment stage option, a bidder must, on the assignment stage form, specify either a value of zero pounds or an amount in whole thousands of pounds that it is willing to pay, in addition to the total 26 GHz upper base price for that bidder’s winning principal stage bid for 26 GHz upper lots, for a licence that authorises the use of frequencies corresponding to the block of numbered 26 GHz upper lots for the first period that is the 26 GHz upper assignment stage option.
A bidder may make no more than one 26 GHz upper assignment stage bid for each 26 GHz upper assignment stage option.
A bidder is not required to make a 26 GHz upper assignment stage bid.
A 26 GHz upper assignment stage bid is a valid 26 GHz upper assignment stage bid if—
the bid is specified on a valid assignment stage form; and
the bidder has paid the full sum of the required second assignment stage round deposit by the deadline specified by OFCOM.
Where a bidder does not make a valid 26 GHz upper assignment stage bid for a 26 GHz upper assignment stage option that bidder will be deemed to have made a valid 26 GHz upper assignment stage bid with a value of zero pounds for that 26 GHz upper assignment stage option.
Where there is only one assignment stage option on a bidder’s 26 GHz upper lots assignment stage options list, that bidder shall be deemed to have made a valid 26 GHz upper assignment stage bid with a value of zero pounds for that 26 GHz upper assignment stage option.