I thank noble Lords for their patience in listening to the great amount that I had to say on the order, but I felt that we could not cut it shorter because it is important stuff. Clearly, the private finance initiative is something that generates strong feelings. I have experience myself in business of a PFI contract. The noble Lords, Lord Razzall and Lord Young, have referred to PFI, but the exclusion order that we are debating today is simply a technical exercise to acknowledge the fundamental differences between private finance construction contracts and traditional construction contracts. It does not concern the wider policy landscape. I asked the same questions myself, and it does not, so I can reassure noble Lords on that. Of course, we will look at it again if circumstances change.
The noble Lord, Lord Young, mentioned SMEs. Measures to help SMEs by promoting cash and simplifying dispute resolution are under consideration anyway, as the noble Lord would have expected. As he rightly said, the Government are very concerned about SMEs and their future. I thank both noble Lords very much for their interventions; I am grateful. I hope that I have dealt with the key points that they made and I commend the order to the Committee.
Motion agreed.
Construction Contracts (England) Exclusion Order 2011
Proceeding contribution from
Baroness Wilcox
(Conservative)
in the House of Lords on Wednesday, 7 September 2011.
It occurred during Debates on delegated legislation on Construction Contracts (England) Exclusion Order 2011.
Type
Proceeding contribution
Reference
730 c72-3GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
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2023-12-15 21:06:37 +0000
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