TNAG-0424-FCO40-470-Construction-of-an-underground-railway-system-in-Hong-Kong-1973 — Page 117

22.

CONFIDENTIAL

-17-

(b) before it took a fire decision, the MTSG would

advise all the consortia concerned of its

intentions;

(c) the TSG would feel no obligation to work through

the

sequence set out in the annex to his letter of

1st August 1973, unless two or more consortia

accepted the MTSG's invitation to proceed on the basis of the sequence; and

(d) once negotiations had started in accordance with

the sequence, any consortium or consortia remaining

in the race would be given 30 days' notice of the

MTSG's intention finally to select a particular

consortium.

The meeting concluded at 11.30 a.m.

2nd August, 1973.

Economic Branch,

Colonial Secretariat.

CONFIDENTIAL