The Wireless Telegraphy (Licence Award) Regulations 2008

Primary bids

15.—(1) A bid made during a primary bid round (“primary bid”) shall–

(a) be a bid for a selection of lots at an amount in whole pounds which shall be the total amount of the round prices in that primary bid round for each lot included in the selection; and

(b) contain the choice of licence condition which the bidder wishes to have included in a licence for that selection of lots.

(2) The round price means the price per lot determined in accordance with regulation 19.

(3) In order to make a primary bid, a bidder must, on a form provided to the bidder by OFCOM (“primary bid form”)—

(a) specify the selection of lots it wishes to be included in a licence;

(b) specify the choice of licence condition which it wishes to have included in a licence for that selection of lots; and

(c) specify an amount in whole pounds that it is willing to pay for the licence, being the total amount of the round prices for each lot included in that selection of lots.

(4) A bidder shall submit no more than one primary bid in a primary bid round.

(5) The selection of lots specified in a primary bid made by a bidder must be such that the total number of eligibility points associated with the primary bid in accordance with paragraph (6) does not exceed the bidder’s eligibility limit for that primary bid round as determined in accordance with regulation 21 or 22 (as the case may be) and notified to the bidder in accordance with regulation 27(1)(c).

(6) The number of eligibility points associated with a primary bid shall be a number equal to the total of the eligibility points associated with each lot included in the selection of lots specified in that primary bid set out in Schedule 5.