Subject	Predicate	Object
PBmNKSo4	a	Resource
		Answer
		Written answer
	answer has question	LfBXl5jh
	answer has answering person	Michael Fallon
	answer text	<p>30 bidders have withdrawn from Rounds 1 and 2, allowing over £108 million to be recycled back into the RGF (including for Round 3). For a fund of this size these numbers are low; withdrawals also point to the robustness of the process, about which the NAO has been positive.</p><p>There are various reasons for withdrawals; for example, withdrawal of support from the parent company; inability to secure match funding; failure to get planning permission; and a change in market conditions. Listing the specific reason for each withdrawal may prejudice the future commercial interests of the company but all bids have been withdrawn because they are not going to deliver the benefits forecast in the bid.</p>
	answer given date	2012-11-08
	answer has answering body	Department for Business, Innovation and Skills
	written answer has answering body	Department for Business, Innovation and Skills
Department for Business, Innovation and Skills	answering body has written answer	PBmNKSo4
Department for Business, Innovation and Skills	answering body has answer	PBmNKSo4
LfBXl5jh	question has answer	PBmNKSo4
Michael Fallon	answering person has answer	PBmNKSo4