Regulation 13

SCHEDULE 3 Best and final offer stage

The information specified in this Schedule in relation to a particular tender exercise is as follows—

(a) the instructions particular to the best and final offer stage of the tender exercise, including—

(i) a description of the process to be followed during the dialogue phase; and

(ii) a description of the process to be followed during the final offer phase;

(b) the regulated business information as at the start of the best and final offer stage;

(c) the date on which the dialogue phase is to commence;

(d) the minimum duration of the dialogue phase and any other information as the competent authority considers necessary in relation to the duration, or the method of determining the duration, of the dialogue phase;

(e) a description of the information required by the competent authority for the submission of a best and final offer;

(f) the date, time (or a method of calculating these relative to the end of the dialogue phase) and manner in which a best and final offer is to be submitted to the competent authority;

(g) the evaluation criteria to be applied by the competent authority in evaluating best and final offers; and

(h) any other such information in relation to the best and final offer stage of the particular tender exercise as the competent authority may determine is necessary.