HC Deb 28 July 1971 vol 822 cc572-3
39. Mr. Trew

asked the Secretary of State for the Environment whether he will now permit some provision in fixed-price building contracts to compensate contractors for unforeseeable and disproportionate increases in the costs of key materials.

Mr. Amery

No, Sir.

Mr. Trew

Would my right hon. Friend consider that if he were to relieve builders of the more extreme risks of firm price tendering in the limited way which I suggest he would almost certainly get keener tender prices and save the Exchequer money?

Mr. Amery

I have been carefully studying my hon. Friend's suggestions and several others which have been put to us. We still see no reason to vary our present policy, but, as I have assured my hon. Friend previously, we are keeping this matter constantly under review.