Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, with reference to the Building Safety Act 2022, whether his Department has made an assessment of the potential merits of capping the cost that construction companies can charge for building work.

The department has a robust cost framework in place using earlier tender price data, industry benchmarks and modelling to drive best value for grant funded remediations. It would be difficult in practice to establish price caps given the wide range of building types and materials. Price ceilings also risk distorting the market and industry practice, as well as reducing the appetite of suppliers to participate in remediation projects.