§ 67. Mr. Dalyell
asked the Minister of Technology what was the estimated total cost of the Concord project at March, 1963, October, 1963, March,1964, 43W October, 1964, March, 1965, October, 1965, March, 1966, October, 1966, and what he estimates it will be in March, 1967.
§ Mr. Stonehouse
In November, 1962 the development cost was estimated as £15O-£170 million. This was revised in July, 1964 to £280 million. The present estimate is £450 million, which includes an allowance for work after Certification of Air-worthiness, plus an overall contingency of £50 million, making a total of £500 million.
These figures do not, of course, include intramural expenditure.