Written question asked by Lord Taylor of Warwick (Non-affiliated) on Friday, 31 October 2025, in the House of Lords. It was due for an answer on Friday, 14 November 2025. It was answered by Lord Coaker (Labour) on Monday, 17 November 2025 on behalf of the Ministry of Defence.
Ministry of Defence: Contracts
- Question
-
To ask His Majesty's Government what steps they are taking to ensure that Ministry of Defence contractors that use alternative finance providers, including fintech lenders, meet procurement and financial resilience requirements.
- Answer
-
The Ministry of Defence (MOD) fully assess the financial status of legal entities before any new contract is awarded. Bidders must be able to demonstrate both economic and financial capacity requirements. These requirements including assets and liabilities are related and proportionate to the subject matter of the contract and are limited to determining that the bidder has the financial capacity to perform the contract.
Secondary information
- Type
- Written question
- Reference
- HL11515
- Session
- 2024-26
- Subjects
- Contracts Finance Ministry of Defence
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-11-17 11:35:43 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL11515
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL11515
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL11515