Mapeley

DATE OF ISSUE: 21/10/99

Press Release JW16                          issued on 21 October 1999
STRATEGIC TRANSFER OF THE ESTATE TO THE PRIVATE SECTOR
                               (STEPS)
NOTIFICATION OF SHORTLIST FOR INVITATION TO NEGOTIATE STAGE

The following consortia have been invited to go forward to the Invitation to Negotiate (ITN) stage of the STEPS project.

     Name of            Main Constituents of Consortia
     Consortium

     Mapeley Limited    Fortress Investment Corporation, Soros
                        Real Estate Partners, Bank of America,
                        Halifax, DTZ Debenham Thorpe, Grubb &
                        Ellis Management Services,
                        Dalkia/Symonds, EC Harris, Delancey
                        Estates

     Servus             Nomura International, National
                        Westminster Bank, Serco, Grosvenor
                        Estates Holdings, London & Regional
                        Properties, Jones Lang LaSalle, Healy &
                        Baker

     Trillium           Whitehall Street Real Estate Limited
                        Partnership, MyChand Central Limited
                        Partnership, Archon Group, Drake & Skull,
                        George S Hall, MITIE, ISS, Sutcliffe
                        Catering, Chubb, Regus

DETAILS

1.   The Invitation to Negotiate (ITN) stage is designed to
     establish the preferred bidder.

2.   The aim is to announce the preferred bidder in July 2000, award
     the contract in late 2000 with a contract start date of
     April 2001.

                          NOTES FOR EDITORS

1.   The STEPS project is an example of closer working between the
     Inland Revenue and Customs and Excise.  It was announced in
     a Press Release of 19 August 1998.

2.   Under STEPS, the ownership and management of their respective
     estates is expected to be transferred to a private sector
     partner who would be required, under the terms of the contract,
     to provide the Departments with serviced accommodation.

3.   The start of the procurement process was announced in a Press
     Release on 30 March 1999.  The exercise has been notified in
     the Official Journal of the European Community (OJEC).

Inland Revenue media enquiries to:   Janis Eate
                                     Leonora Robertson
                                     0171 438 6692/6706/7327/7356
                                     (Out of hours: 0860 359544)

Non-media enquiries to:              0171 438 6420/6425
                                     (Office hours only)

Inland Revenue is on the Internet

www.inlandrevenue.gov.uk

Customs & Excise media enquiries     Mark Thomson
to:                                  Alex Strutt
                                     0171 865 5471/5472/5335
                                     (Out of hours: 0171 620 1313)

Non-media enquiries should be made to your local Customs & Excise Office listed under Customs & Excise in the telephone book.
Customs & Excise information is on the Internet: www.hmce.gov.uk.

Crown Copyright 1999.



21/10/99 UK: INLAND REVENUE - INLAND REVENUE AND HM CUSTOMS AND EXCISE. DATE OF ISSUE: 21/10/99 Press Release JW16 issued on 21 October 1999 STRATEGIC TRANSFER OF THE ESTATE TO THE PRIVATE SECTOR (STEPS) NOTIFICATION OF SHORTLIST FOR INVITATION TO NEGOTIATE STAGE The following consortia have been invited to go forward to the Invitation to Negotiate (ITN) stage of the STEPS project. Name of Main Constituents of Consortia Consortium Mapeley Limited Fortress Investment Corporation, Soros Real Estate Partners, Bank of America, Halifax, DTZ Debenham Thorpe, Grubb & Ellis Management Services, Dalkia/Symonds, EC Harris, Delancey Estates Servus Nomura International, National Westminster Bank, Serco, Grosvenor Estates Holdings, London & Regional Properties, Jones Lang LaSalle, Healy & Baker Trillium Whitehall Street Real Estate Limited Partnership, MyChand Central Limited Partnership, Archon Group, Drake & Skull, George S Hall, MITIE, ISS, Sutcliffe Catering, Chubb, Regus DETAILS 1. The Invitation to Negotiate (ITN) stage is designed to establish the preferred bidder. 2. The aim is to announce the preferred bidder in July 2000, award the contract in late 2000 with a contract start date of April 2001. NOTES FOR EDITORS 1. The STEPS project is an example of closer working between the Inland Revenue and Customs and Excise. It was announced in a Press Release of 19 August 1998. 2. Under STEPS, the ownership and management of their respective estates is expected to be transferred to a private sector partner who would be required, under the terms of the contract, to provide the Departments with serviced accommodation. 3. The start of the procurement process was announced in a Press Release on 30 March 1999. The exercise has been notified in the Official Journal of the European Community (OJEC). Inland Revenue media enquiries to: Janis Eate Leonora Robertson 0171 438 6692/6706/7327/7356 (Out of hours: 0860 359544) Non-media enquiries to: 0171 438 6420/6425 (Office hours only) Inland Revenue is on the Internet www.inlandrevenue.gov.uk Customs & Excise media enquiries Mark Thomson to: Alex Strutt 0171 865 5471/5472/5335 (Out of hours: 0171 620 1313) Non-media enquiries should be made to your local Customs & Excise Office listed under Customs & Excise in the telephone book. Customs & Excise information is on the Internet: www.hmce.gov.uk. Crown Copyright 1999.