HC Deb 28 January 1974 vol 868 c19W
52. Mr. David Mitchell

asked the Chancellor of the Exchequer whether, in order to prevent small firms from being forced into bankruptcy or liquidation, he will consider arranging for 50 per cent. progress payments against orders to those small firms which are sub-contracting to the Government and to public authorities.

Mr. Higgins

Government contracts frequently include provision for progress payments against expenditure actually incurred, where the length or value of the contract makes it appropriate. Arrangements between contractors and sub-contractors are a matter for them.