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United Kingdom · Report · Written statement

UIN HLWS618

Baseline Profit Rate for Single Source Defence Contracts 2023-24

publishedUnited Kingdom· UK Parliament· EN

Introduced

14 March 2023

Last action

14 March 2023 · Written statement

Status

Lords

Sponsors

—

Subjects

Defence

Source updated

14 March 2023

Defence

Summary

My right hon. Friend, the Secretary of State for Defence (Ben Wallace) has made the following written statement:I am today announcing that I have set the baseline profit rate for single source defence contracts at 8.29%, in line with the rate recommended ...

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Timeline

  1. 14 March 2023

    Written statement

    My right hon. Friend, the Secretary of State for Defence (Ben Wallace) has made the following written statement:I am today announcing that I have set the baseline profit rate for single source defence contracts at 8.29%, in line with the rate recommended ...

    Source: Lords

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