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London Docklands

Volume 210: debated on Thursday 25 June 1992

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To ask the Secretary of State for the Environment how the provisions of the 1991 Treasury guidelines contained in "Economic Appraisal in Central Government: "A Technical Guide for Government Departments'. were applied in the investment appraisal used in deciding that civil servants should be moved to the docklands, in particular paragraphs 3.2 to 3.12 dealing with alternative options; and if he will publish the investment appraisal.

On 2 June I announced, Official Report, column 707, that some 2,000 civil servants in my Department would move to docklands subject to securing fully commercial terms giving value for money to the taxpayer. In making a final decision full account will be taken of the Treasury guidelines. To publish details of the appraisal now would jeopardise the negotiations that are currently taking place with developers. I will, however, consider making available the factors which were taken into account, including the investment appraisal, in due course, but that, too, would be subject to commercial confidentiality.