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United Kingdom · Report · Written statement

UIN HLWS538

Baseline Profit Rate 2017-18

publishedUnited Kingdom· UK Parliament· EN

Introduced

15 March 2017

Last action

15 March 2017 · Written statement

Status

Lords

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Source updated

15 March 2017

Summary

The Secretary of State for Defence (Sir Michael Fallon) has made the following Written Ministerial Statement. I am today announcing that I have set the baseline profit rate for single source defence contracts at 7.46%, in line with the rate recommended by...

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Timeline

  1. 15 March 2017

    Written statement

    The Secretary of State for Defence (Sir Michael Fallon) has made the following Written Ministerial Statement. I am today announcing that I have set the baseline profit rate for single source defence contracts at 7.46%, in line with the rate recommended by...

    Source: Lords

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