HC Deb 01 November 1996 vol 284 c287W
Mr. Faber

To ask the Secretary of State for Social Security if he will make a statement on progress with the transfer of his Department's estate to the private sector. [2551]

Mr. Lilley

Three potential suppliers have been selected and will be invited to take part in the next stage of the project.

They are: Partnership Property Management Ltd (previously named as Goldman Sachs International); Mapeley Holdings Ltd (previously named as Nations Bank); OPUS (previously named as Nomura International plc).

Each of the three consortia will be invited to submit a bid which details how they propose to meet the Department's requirements. The bids will be evaluated in early 1997 to identify the most suitable supplier.