Michael Fabricant
Main Page: Michael Fabricant (Conservative - Lichfield)Department Debates - View all Michael Fabricant's debates with the Ministry of Defence
(8 years, 1 month ago)
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Harriett Baldwin
The hon. Gentleman is right to highlight this fantastic news for companies up and down the country, including our shipbuilders on the Clyde. We have already announced contracts worth some £1.9 billion which are related to this programme right across the UK. Importantly, we will be publishing, alongside our prime contractor, the opportunities for the British steel industry to bid into this manufacturing opportunity.
Michael Fabricant (Lichfield) (Con)
One reason we have bureaucracy, which was mentioned by my hon. Friend the Member for Rugby (Mark Pawsey), is to ensure that SMEs stay in business during the whole course of a contract. The biggest enemy of any SME is a poor cash flow. What is the Department doing to ensure that SMEs are paid promptly?