Written Statement·Lords·Ministry of Defence·HLWS707
Baseline Profit Rate 2022/23 for Single Source Defence Contracts
28 March 2022
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...