1-4 of 4 results for subject:Prices
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To ask Her Majesty's Government what assessment they have made of how robust in terms of (1) price, and (2) delivery, the approved business case is for the procurement of the Boeing E-7 Wedgetail.
To ask Her Majesty's Government what assessment they have made of how robust in terms of (1) price, and (2) delivery, the approved business case is for the procurement of the Boeing E-7 Wedgetail.
All Ministry of Defence (MOD) business cases undergo rigorous assessment in accordance with Joint Service Publication 655, which includes assessments of both cost and deliverability. An outline business case to replace the existing capability delivered by the E-3D Sentry fleet was submitted to the MOD Investment Approval Committee in December 2018. This was subject to approval by MOD Head Office and HM Treasury.
To ask Her Majesty's Government whether the procurement of Boeing E-7 Wedgetail aircraft will be subject to oversight by the Single Source Regulations Office; and if so, whether Boeing has agreed to the baseline profit rate.
To ask Her Majesty's Government whether the procurement of Boeing E-7 Wedgetail aircraft will be subject to oversight by the Single Source Regulations Office; and if so, whether Boeing has agreed to the baseline profit rate.
The prime contract with Boeing Defence UK for the E-7 Wedgetail is assessed as a qualifying defence contract (QDC) in accordance with the Single Source Contract Regulations (SSCR) and is subject to oversight by the Single Source Regulations Office as any QDC would be. The profit rate for the contract has been agreed in accordance with the SSCR six-step calculation process which begins with the baseline profit rate applicable at the time of contract placement.
To ask Her Majesty's Government what are the implications for the defence budget of rising oil prices.
To ask Her Majesty's Government what are the implications for the defence budget of rising oil prices.
The Ministry of Defence (MOD) undertakes substantial purchases of fuel commodities, the price of which will be influenced by oil prices. The Department secures a degree of protection against changes in price by purchasing hedging contracts that are equivalent to buying a proportion of forecast demand at agreed prices in advance.
The MOD hedges up to three years in advance and usually trades quarterly to further spread price risk. This approach has been used for fuel hedging since 2010.
To ask Her Majesty's Government with whom they have negotiated (1) the price, and (2) delivery, for the new Joint Strike Fighters.
To ask Her Majesty's Government with whom they have negotiated (1) the price, and (2) delivery, for the new Joint Strike Fighters.
On behalf of all the F-35 partner nations, the United States Joint Program Office negotiates the price and delivery targets for all F-35 aircraft with its suppliers. The UK, in turn, discusses its own F-35 delivery dates with the Joint Program Office.