§ Mr. CousinsTo ask the Secretary of State for Defence if he will list the naval ship contracts on which claims for price and cost adjustments are still outstanding; and what is the maximum sum of liabilities arising from such price and cost adjustments.
§ Mr. FreemanAll MOD contracts, whether for ship platforms, systems, equipments or weapon systems, provide for price adjustment. Each claim for price adjustment is assessed on its merits and no maximum can be set. Details of claims are commercially confidential to the companies concerned.