HC Deb 10 March 1978 vol 945 c822W
Mr. Warren

asked the Secretary of State for Industry how, in view of his recent statement that it is not practical or desirable for requirements boards to conduct market surveys of individual proposals submitted to them, these boards make assessments of the market value of proposals put before them for funding.

Mr. Les Huckfield

The market potential represents a major aspect on which information is requested in proposals from all applicants to the boards. It plays a major part in the discussions preceding a decision and market survey evidence supplied by the applicant will always strengthen a case. Board members use their background knowledge to judge the quality and width of the survey before assessing the value of the proposals.

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