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Written question asked by Paul Holmes (Conservative) on Friday, 18 October 2024, in the House of Commons. It was due for an answer on Tuesday, 22 October 2024. It was answered by Alex Norris (Labour) on Monday, 28 October 2024 on behalf of the Ministry of Housing, Communities and Local Government.

Building Safety Fund

Question

To ask the Secretary of State for Housing, Communities and Local Government, what estimate she has made of the amount that has been reimbursed to the Building Safety Fund from signatories to the Developer Remediation Contract.

Answer

The Developer Remediation Contract requires developers to take responsibility for fixing or paying to fix buildings which they developed. The Ministry will shortly begin issuing payment demands to developers - who are contractually required to pay back monies spent on their buildings by government funds - after which, we expect developers to begin repayments. The value of debt that we will pursue with developers is reported in our Trust Statement, for our latest reported accounts in 2022/23 this is £417 million.

The Developer Remediation Contract is a contract between eligible developers and government. It does not apply to product manufacturers.

Other industry actors will also be held to account for their role in constructing unsafe buildings. We are reviewing the Grenfell Inquiry report and have written to all organisations (including manufacturers) found by the Inquiry to have been part of the failings, as the first step to stopping them being awarded government contracts. The Building Safety Act created avenues for parties to pursue a range of responsible parties for compensation. We will bring forward further reforms to the construction products regime in due course.

Secondary information

Type
Written question
Reference
9959
Session
2024-26
Grouped for answer
Yes
Subjects
Building Safety Fund
Contains statistics
Yes
Link
View this Written question on www.parliament.uk