HC Deb 08 March 2002 vol 381 c577W
Mr. Gale

To ask the Secretary of State for Defence how much his Department has spent on consultants and other fees relating to the privatisation of QinetiQ. [40082]

Dr. Moonie

Since the DERA PPP was announced in July 1998 as part of the Strategic Defence Review, the Ministry of Defence has spent some £7.2 million on advice from consultants and other fees. This figure covers the cost of advice and fees relating to all stages of the DERA PPP including the detailed options study in 1998–99, vesting of QinetiQ as a company in July 2001 and recent work preparing the company for a transaction. These costs have been subject to scrutiny to ensure that they offer value for money.

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