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United Kingdom · Report · Written statement

UIN HLWS707

Baseline Profit Rate 2022/23 for Single Source Defence Contracts

publishedUnited Kingdom· UK Parliament· EN

Introduced

28 March 2022

Last action

28 March 2022 · Written statement

Status

Lords

Sponsors

—

Subjects

Defence

Source updated

28 March 2022

Defence

Summary

My hon. Friend the Minister for Defence Procurement (Jeremy Quin MP) has made the following Written Ministerial Statement. I am today announcing that I have set the baseline profit rate (BPR) for single source defence contracts at 8.31%. This differs from...

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 28 March 2022

    Written statement

    My hon. Friend the Minister for Defence Procurement (Jeremy Quin MP) has made the following Written Ministerial Statement. I am today announcing that I have set the baseline profit rate (BPR) for single source defence contracts at 8.31%. This differs from...

    Source: Lords

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