Whatever happened to contracts that were written with a deliver-on-time-and-in-budget-otherwise-you're-fined clause?
Not the MoD's problem that wages have gone up, surely? That's for the contractor to cover, I would've thought. Or am I being completely thick on how PPP contracts work?
I've run hundred-thousand pound projects in the private sector and if a contractor came to me saying their wage bill had risen, they were running late and needed more money from me to deliver, I'd see them in court for breach of contract.