Parliamentary Search

Written statement made by Lord Davies of Stamford (Labour) on Tuesday, 30 March 2010 in the House of Commons, on behalf of the Ministry of Defence.

Government Profit Formula

The Government have accepted the findings of the review board for Government contracts as detailed in their report of the 2010 general review of the profit formula for non-competitive Government contracts. The board's recommendations will be implemented in accordance with arrangements subsequently agreed with the industry side and recorded in an addendum to the published report. I will be placing a copy of the report in the Library of the House. The recommendations will be implemented for new non-competitive work with effect from 1 April 2010.

Secondary information

Type
Written statement
Reference
508 c97-8WS 
Session
2009-10
Related items
Deposited Paper DEP2010-0973 [72888]
Tuesday, 30 March 2010
Deposited papers
House of Lords
House of Commons
Deposited Paper DEP2010-0973 [76317]
Tuesday, 30 March 2010
Deposited papers
House of Lords
House of Commons
Single Source Pricing Regulations
Wednesday, 26 January 2011
Written statements
House of Commons
Subjects
Contracts Defence Procurement Profits Review Board for Government Contracts
Link
View this Written statement on www.publications.parliament.uk