HC Deb 17 November 1971 vol 826 c131W
53. Mr. Rost

asked the Secretary of State for the Environment whether he will now review the firm price tendering conditions imposed on the construction industry for public works contracts, to permit up to a five per cent. per annum price increase on contracts extending from 12 months' to 24 months' duration.

Mr. Channon

No, this proposal would be incompatible with the two-year firm price policy.