The Single Source Contract Regulations 2014

Meaning of “contract completion date”U.K.

This adran has no associated Memorandwm Esboniadol

4.—(1) The “contract completion date”, in relation to a contract, means—

(a)the date described in the contract as the contract completion date; or

(b)if no such date is described in the contract, the date on which the contractor completes all obligations which entitle it to final payment under the contract;

(c)if the contract is terminated before the date described in sub-paragraph (1)(a) or (b) (as the case may be), the date on which the contract is terminated.

(2) For the purposes of paragraph (1)(b), final payment under a contract does not include—

(a)any payment relating to the effect of specified indices or rates (regulation 10(5) or (10));

(b)any TCIF adjustment;

(c)any payment under regulation 16 (final price adjustment); or

(d)any amount which is determined by the SSRO to be payable.