PART 3 Qualification stage

CHAPTER 3 Recording of existing spectrum holdings, determination of the 2.3 GHz bid limit and overall bid constraints

21 Determination of overall bid constraints
1 Before the first principal stage round OFCOM shall—
(a) determine for each bidder; and
(b) notify to each bidder an overall bid constraint.
2 The overall bid constraint may be different for each bidder.
3 The overall bid constraint shall be expressed as a number of frequencies in MHz and shall be calculated in accordance with paragraphs (4) and (5).
4 The number referred to in paragraph (3) shall be calculated in accordance with the formula 340 MHz – z rounded down to the nearest multiple of 5 MHz, where z is the total in MHz of the bidder's recorded overall spectrum holdings.
5 Where the number of MHz resulting from the calculation referred to in paragraph (4) is higher than 190 MHz, the number shall be 190 MHz and not that higher number.
6 A bidder's overall bid constraint shall not change during the principal stage.