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Thread: CHC for Sale ?
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Old 30th Jul 2009, 15:29
  #36 (permalink)  
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Mitchaa - there are various elements in the SARH bid which have to be satisfied and financial scrutiny of the 2 remaining bidders is one element - there is no point in awarding a contract to a company with inadequate finacial backing who may go bust or come crying to the taxpayer for more money in a couple of years time.

I have no detailed knowledge of the fiscal requirements for this bid but would suggest that the CHC part of the Scotia bid seems something of a weakness given they are being drained of cash by their owners.

If all the SARHIPT claims that we won't get the cheapest bidder just because they are cheapest are not true, then Scotia might well be in with a chance
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