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Article: Treasury to approve pounds 2.2 bn bid.
- Article from:
- The Birmingham Post (England)
- Article date:
- July 28, 2009
CopyrightCOPYRIGHT 2009 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: PAUL DALE
The two companies battling to carry out Birmingham City Council's pounds 2.2 billion highways private finance initiative are facing yet another agonising wait before discovering which one of them has won the lucrative contract.
Cabinet members rubber-stamped an evaluation process yesterday and decided, in a private session, to recommend the better bid.
But a decision will have to be taken by the Treasury, ...