In so far as Public Works and Government Services Canada is concerned:
(c) It is estimated that this relocation will result in savings of $1.4 million to 1.7 million per year for 10 years, based on an estimated net reduction of some 7,050 square metres at a market range of between $200-$250 per square metre.
The tender for this requirement closed on January 26, 1995.
Public Works and Government Services' analysis concluded that none of the six bids submitted met the technical requirements set out in the lease tender call. The financial envelopes were returned to the bidders unopended.
On March 3, 1995, I announced that the tender for this relocation would undergo a third party review before the project proceeds further.
Question No. 159-