HC Deb 16 July 1993 vol 228 c705W
Mr. McAllion

To ask the Secretary of State for the Environment if he will list the bids which were received in response to the competitive tender of the PSA BM business; and what was the basis on which the successful tender by SERCO was accepted.

Mr. Baldry

The following bidders were shortlisted as potential purchasers of PSA Building Management Scotland: a joint venture between Amey and Sir Alexander Gibb and partners; Serco; and a management buy-out team. Serco was chosen as the purchaser because it best met the criteria set by the Government. The main criteria were:

  • the overall financial value of the offers
  • bidders' financial status
  • the credibility of bidders' long term future plans
  • bidders' commitment to developing the business in the private sector
  • bidders' intentions regarding staff and the prospects for staff
  • bidders' response to the proposed secondment and pension arrangements
  • bidders' commitment to ensuring continuity of service to existing customers"

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