The Electricity (Competitive Tenders for Offshore Transmission Licences) Regulations 2015

PART 6 COMMENCEMENT OF A TENDER ROUND

Commencement of a tender round

12.—(1) As soon as reasonably practicable after the Authority—

(a) has determined that one or more requests each relates to a qualifying project in accordance with regulation 8(5); and

(b) with respect to each determined qualifying project—

(i) has received payment and security from the developer in accordance with regulation 10(1); and

(ii) is satisfied that any entry conditions specified in paragraph 1 or 2 of Schedule 2, as the case may be, which must be met by the developer prior to the publication of a notice under this Regulation, have been met pursuant to regulation 11(1)(b),

the Authority must publish a notice of its intention to commence a tender round in respect of those determined qualifying projects specifying the date on which the tender round is to commence.

(2) The Authority may, after consulting a developer in respect of a particular qualifying project, publish a notice specifying the date on which a particular tender exercise is to commence (which may be earlier or later than the date specified in accordance with paragraph (1)).

(3) Where the Authority has published a notice in accordance with paragraph (1) or (2) and the Authority subsequently determines that it is impracticable to commence a tender round or a particular tender exercise on the date specified in that notice, the Authority must publish a notice specifying a revised date on which that tender round or particular tender exercise is to commence.