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Mr. Andrew Mitchell
To ask the Secretary of State for the Environment what plans he has to sell Property Services Agency Projects by single tender.
Mr. Yeo
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 I will want to take into account the need to ensure adequate staff consultation and competition.