Written question asked by Jon Trickett (Labour) on Monday, 4 September 2017, in the House of Commons. It was due for an answer on Wednesday, 6 September 2017. It was answered by Andrew Jones (Conservative) on Monday, 11 September 2017 on behalf of the Treasury.
Treasury: Contracts
- Question
-
To ask Mr Chancellor of the Exchequer, what the costs are of any break clauses in his Department's Project 395, GOGGS West.
- Answer
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The contract includes voluntary termination provisions. Calculating this cost at any point in time would require an assessment of market rates for both debt and equity, an estimate of future equity cashflows and subcontractor termination costs. HM Treasury do not calculate this figure on an ongoing basis and to do so now would incur disproportionate cost.
Secondary information
- Type
- Written question
- Reference
- 8344
- Session
- 2017-19
- Subjects
- Contracts Costs Offices Treasury
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2017-09-11 18:07:12 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/8344
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/8344
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/8344