The Single Source Contract (Amendment) Regulations 2024
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Change 1
13 Amendment of regulation 10 (pricing of contracts)
In regulation 10— (a) in the heading, for “Pricing” substitute “Default pricing”; (b) in paragraph (1)— (i) after “qualifying defence contract” insert “or component of such a contract”; (ii) in sub-paragraph (a), after the second instance of “contract” insert “or component”; (iii) in sub-paragraph (b), for “regulated” substitute “default”; (c) omit paragraphs (2) and (3); (d) in paragraph (6), at the end insert “or component completion date”; (e) for paragraph (7) substitute— (7) Under the estimate-based fee pricing method, the allowable costs by which the CPR is multiplied are the allowable costs as— (a) estimated at the time of agreement; and (b) may be adjusted in accordance with changes in specified indices or rates between the time of agreement and a specified time (and different times, indices or rates may be specified in relation to different allowable costs). ; (f) in paragraph (8), at the end insert “or component completion date”; (g) in paragraph (9), at the end insert “or component”; (h) for paragraph (11) substitute— (11) Under the target pricing method, the allowable costs— (a) must be estimated at the time of agreement; (b) may be, or may include, allowable costs per unit of volume multiplied by the actual volume of output of the contract or component; and (c) may be adjusted in accordance with changes in specified indices or rates between the time of agreement and a specified time (and different times, indices or rates may be specified in relation to different allowable costs). .
13 Amendment of regulation 10 (pricing of contracts)
In regulation 10— (a) in the heading, for “Pricing” substitute “Default pricing”; (b) in paragraph (1)— (i) after “qualifying defence contract” insert “or component of such a contract”; (ii) in sub-paragraph (a), after the second instance of “contract” insert “or component”; (iii) in sub-paragraph (b), for “regulated” substitute “default”; (c) omit paragraphs (2) and (3); (d) in paragraph (6), at the end insert “or component completion date”; (e) for paragraph (7) substitute— (7) Under the estimate-based fee pricing method, the allowable costs by which the CPR is multiplied are the allowable costs as— (a) estimated at the time of agreement; and (b) may be adjusted in accordance with changes in specified indices or rates between the time of agreement and a specified time (and different times, indices or rates may be specified in relation to different allowable costs). ; (f) in paragraph (8), at the end insert “or component completion date”; (g) in paragraph (9), at the end insert “or component”; (h) for paragraph (11) substitute— (11) Under the target pricing method, the allowable costs— (a) must be estimated at the time of agreement; (b) may be, or may include, allowable costs per unit of volume multiplied by the actual volume of output of the contract or component; and (c) may be adjusted in accordance with changes in specified indices or rates between the time of agreement and a specified time (and different times, indices or rates may be specified in relation to different allowable costs). .
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