Oral Answers to Questions — Ministry of Supply. – in the House of Commons at on 1 October 1941.
Sir Edward Keeling
, Twickenham
asked the Parliamentary Secretary to the Ministry of Supply whether any recent contracts have been placed on a cost-plus-percentage basis; and whether he can give an assurance that all future contracts will be made either at a fixed price or on a cost-plus-fixed-profit basis?
Mr Harold Macmillan
, Stockton-on-Tees
During the four weeks ended 16th September, 1941, two contracts were placed on the basis of payment to the contractor of actual ascertained cost plus a percentage of the cost as profit. This type of contract has only been made because it was not possible to estimate the extent or cost of the work in advance.