The selection of bids for the sale of the MOD site at Matapan road, Hilsea was made at formal tender held on 2 March 2007. At this formal tender Defence Estates (DE) accepted the highest compliant bid. This bid was received from a national house builder with a proven track record for delivering a wide range of residential development schemes on surplus Government sites.
Formal tender is an Office of Government Commerce recognised method of selling surplus public sector assets. DE and its agent Drivers Jonas are confident that best value was achieved in this sale through formal tender.