(5 years, 8 months ago)
Commons ChamberI am afraid that, once again, SNP Members have their facts completely wrong. Interestingly, we have heard complaints from the other side that we did not do enough due diligence. Actually, as with all major Government contracts—Mr Speaker, you will recall that £90 million of contracts are going to Brittany Ferries and DFDS—we contract professional support when we let contracts of that size.
The Secretary of State may wish to argue that he got his £800,000-worth since the consultancy did come back with concrete findings, including that Seaborne presented “significant execution risks” and that a “basic blush test” was the most that could be carried out on the company’s financials. Which of those two findings did the Secretary of State find most reassuring when deciding to proceed with the Seaborne ferry contract?
The bit I found reassuring is that we let a contract where there was absolutely no upfront commitment from the taxpayer at all, and we paid nothing until the service was delivered.