This statement contains the Societys submission to the House of Commons inquiry into the Prior Options Review. It stresses that care is needed to ensure that Prior Options does not damage the highly successful collaboration that has built up between Universities and Research Council Institutes. Repeated reviews questioning the continued existence of Public-Sector Research Establishments (PSREs), over and above the normal reviews undertaken periodically by Research Councils or Departmental owners of PSREs adversely affects efficiency and productivity.