§ Mr. Andrew Mitchell
To ask the Secretary of State for the Environment what plans he has to sell Property Services Agency Projects by single tender.
§ Mr. Yeo
There is no truth in the rumours that PSA Projects is about to be sold by single tender. A prospective purchaser has indicated that an unsolicited bid may be made for Projects shortly. If that happens careful consideration will be given to the merits of launching a sale competition in the near future. In considering the sale timetable I will want to take into account the need to ensure adequate staff consultation and competition.