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UK: HM CUSTOMS AND EXCISE
21 Oct 1999

Press release no 45/99 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 stage of the STEPS project.

Mapeley Limited - main constituents of this consortium are: 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 - main constituents of this consortium are: Nomura International, National Westminster Bank, Serco, Grosvenor Estates Holdings, London & Regional Properties, Jones Lang LaSalle, Healey & Baker.

Trillium - main constituents of this consortium are: Whitehall Street Real Estate Limited Partnership, MyChand Central Limited Partnership, Archon Group, Drake & Skull, George S Hall, MITIE, ISS, Sutcliffe Catering, Chubb, Regus.

The invitation to negotiate stage is designed to establish the preferred bidder. 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
The STEPS project is an example of closer working between the Inland Revenue and Customs and Excise. It was announced in a Press Release on 19 August 1998. 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.
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.

Inland Revenue media enquiries to:

Leonora Robertson Janis Eate
0171 438 6692/6706/7327/7356 (Out of hours 0860 359544)

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

Inland Revenue information is on the Internet: www.inlandrevenue.gov.uk

Customs and Excise media enquiries to:����
Alex Strutt
Mark Thomson
0171 865 5471/5472
(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.

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