I remember they started doing it this was because there was concerns about companies with insider information being unfairly advantaged in the bidding stages.
Interesting. I'd assumed it was something to do with the Office for Budget Responsibility and "transparency" of Government spending. I guess not.
It's still absurd that the Government would announce how much they're prepared to pay in advance, and act surprised when bids come in at or above that amount.
It's still absurd that the Government would announce how much they're prepared to pay in advance, and act surprised when bids come in at or above that amount.