The Single Source Contract (Amendment) Regulations 2024
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Change 1
11 Insertion of regulation 9A (components of qualifying defence contracts)
After regulation 9 insert— Components of qualifying defence contracts 9A (1) A part of a qualifying defence contract is a component of the contract if— (a) that part uses a different contract pricing method to the contract pricing method used in any other part of the contract; (b) that part has a different contract profit rate to the contract profit rate used in any other part of the contract; (c) that part is a component by virtue of regulation 19C(6) or paragraph 14(7)(c) or 16(2)(b) of the Schedule. (2) For the purposes of section 15(8), the parties to a contract may not agree that a part of a contract is a component of the contract unless they can demonstrate a commercial purpose for such agreement other than to affect the amount of any final price adjustment determined under regulation 16. .
11 Insertion of regulation 9A (components of qualifying defence contracts)
After regulation 9 insert— Components of qualifying defence contracts 9A (1) A part of a qualifying defence contract is a component of the contract if— (a) that part uses a different contract pricing method to the contract pricing method used in any other part of the contract; (b) that part has a different contract profit rate to the contract profit rate used in any other part of the contract; (c) that part is a component by virtue of regulation 19C(6) or paragraph 14(7)(c) or 16(2)(b) of the Schedule. (2) For the purposes of section 15(8), the parties to a contract may not agree that a part of a contract is a component of the contract unless they can demonstrate a commercial purpose for such agreement other than to affect the amount of any final price adjustment determined under regulation 16. .
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