Local Democracy, Economic Development and Construction Bill [Lords]

On the issue of construction contracts, would my right hon. Friend consider giving local authorities powers, when awarding contracts, to take into account their functions under clause 66 of the Bill to promote the economic development and regeneration of their areas, and to consider the desirability of maintaining a diverse range of contractors? In addition to value for money, local authorities should consider local economic circumstances and the position of local building firms, which are suffering severely in this recession. This legislation could help them.