Notification of successful bidder
27.—(1) Where the Authority is satisfied that the preferred bidder has resolved the matters described in the notice published in accordance with regulation 20(5), that preferred bidder shall become the successful bidder.
(2) As soon as reasonably practicable after the Authority has determined to grant an offshore transmission licence to the successful bidder in respect of a particular qualifying project it shall publish a notice to that effect.
(3) The notice shall specify the name and address of the successful bidder.
(4) The Authority shall give notice to the successful bidder of the amount of payment payable to the Authority as calculated in accordance with its cost recovery methodology in relation to–
(a)the offshore transmission licence grant stage; and
(b)enabling the Authority to reimburse a qualifying bidder’s bid costs or a proportion of those bid costs in accordance with regulation 28(7).