HC Deb 18 March 1994 vol 239 c908W
Mr. Morgan

To ask the Secretary of State for Wales what indemnities have been sought by the Balfour Beatty-Costain consortium in relation to the construction contract for the Cardiff bay barrage.

Mr. Redwood

Balfour Beatty and Costain sought clarification from the corporation of the funding arrangements which would apply if Cardiff Bay development corporation were to be dissolved before the construction contract ended. Their attention has now been drawn to the legislation relating to the dissolution of urban development corporations. No indemnity has been given.