Miss J Kelley HM Treasury
bids for contracts Nos 301 and 302. These bids are already submitted and are to be adjudicated by 30 September and your agreement by telephone is requested as soon as possible. HARC have made it clear that this improvement in the financial offer is essential if Balfour Beatty are to remain competitive and as capitalisation of interest was agreed for part of the sterling loan for Phase 1 and is not controlled by the Consensus we see no alternative to agreeing to this.
Yaus sunendly
sincerely A. Rava
la
f.P.
CC Birch
сс
D Shilson
BOE
ME Hoult
ODM
M Hodgkiss
DOT
J Ayres
FCO
P Twyman
DOT(OFG)
JW Davey
MOD
H Oldham
DOI
Miss E Z Terry
CRE4 DOT
FC Munns
G Boyes
DOT (V)
Do Transport
DE Twyford B J Davison JCW Friend
DM March
ECGD
Hong Kong
3
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