HL Deb 28 January 1992 vol 534 c47WA
Lord Gainford

asked Her Majesty's Government:

What plans they have to sell PSA Projects by single tender.

The Minister of State, Department of the Environment (Baroness Blatch)

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, we will want to take into account the need to ensure adequate staff consultation and competition.