F1 SCHEDULES
F2SCHEDULE 2AProperty Schemes
The preferred bidder
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1
The preferred bidder, in relation to a tender exercise, is the person whose name and address is specified in a notice which has been published under sub-paragraph (2) (and has not been withdrawn under sub-paragraph (4)).
2
Where a tender exercise is held, as soon as the Authority is satisfied that it will grant F3a relevant licence to a particular person if certain matters are resolved to the Authority's satisfaction, it must publish a notice to that effect.
F42A
Where a tender exercise is held, as soon as a contract counterparty is satisfied that it will enter into a relevant contract with a particular person if certain matters are resolved to the counterparty’s satisfaction, it must publish a notice to that effect.
3
F6A notice under sub-paragraph (2) or (2A) must—
a
specify the name and address of the person, and
b
describe, in general terms, those matters.
4
The Authority may withdraw a notice under sub-paragraph (2) by publishing a notice to that effect.
F54A
A contract counterparty may withdraw a notice given by it under sub-paragraph (2A) by publishing a notice to that effect.
5
A notice published under sub-paragraph (2) F7or (2A) must be withdrawn before a subsequent notice may be published under that sub-paragraph in relation to the same tender exercise.
Sch. 2A inserted (20.5.2009) by Energy Act 2008 (c. 32), ss. 44(4), 110(2), Sch. 2; S.I. 2009/1270, art. 2