The Single Source Contract (Amendment) Regulations 2024

  1. Introductory Text

  2. 1.Citation, commencement and extent

  3. 2.Amendment of the Single Source Contract Regulations 2014

  4. 3.Amendment of regulation 2 (interpretation)

  5. 4.Substitution of regulation 3 (meaning of “defence purposes”)

  6. 5.Amendment of regulation 4 (meaning of “contract completion date”)

  7. 6.Insertion of regulation 4A (meaning of “contract price”)

  8. 7.Amendment of regulation 5 (calculating the value of a contract)

  9. 8.Insertion of regulation 7A (meaning of a new contract)

  10. 9.Amendment of regulation 8 (competitive process for single contracts)

  11. 10.Amendment of regulation 9 (competitive process for contracts made under a framework agreement)

  12. 11.Insertion of regulation 9A (components of qualifying defence contracts)

  13. 12.Insertion of division headings and regulations 9B (contract pricing methods) and 9C (re-determination of contract price)

  14. 13.Amendment of regulation 10 (pricing of contracts)

  15. 14.Amendment of regulation 11 (steps in determining contract profit rate)

  16. 15.Omission of regulation 12 (calculation of profit on cost once (“POCO”) adjustment)

  17. 16.Amendment of regulation 13 (rates agreed on a group basis)

  18. 17.Insertion of regulation 13A (costs associated with group profits)

  19. 18.Omission of regulation 14 (re-determination of contract price)

  20. 19.Amendment of regulation 15 (target cost incentive fee adjustment)

  21. 20.Amendment of regulation 16 (procedure for determining final price adjustment)

  22. 21.Amendment of regulation 17 (calculation of final price adjustment)

  23. 22.Amendment of regulation 18 (determination of contract profit rate adjustments)

  24. 23.Amendment of regulation 19 (determination of allowable costs)

  25. 24.Insertion of Chapter 3 (alternative pricing of contracts)

  26. 25.Amendment of regulation 20 (duty to keep relevant records)

  27. 26.Amendment of regulation 22 (general reporting requirements and interpretation)

  28. 27.Substitution of regulation 23 (contract pricing statement)

  29. 28.Substitution of regulation 24 (contract reporting plan)

  30. 29.Amendment of regulation 25 (contract notification report)

  31. 30.Amendment of regulation 26 (quarterly contract report)

  32. 31.Amendment of regulation 27 (interim contract report)

  33. 32.Insertion of regulation 27A (component completion report)

  34. 33.Amendment of regulation 28 (contract completion report)

  35. 34.Amendment of regulation 29 (contract costs statement)

  36. 35.Amendment of regulation 30 (on-demand contract report)

  37. 36.Amendment of regulation 31 (application of Part 6, reports on overheads and forward planning)

  38. 37.Amendment of regulation 32 (interpretation)

  39. 38.Amendment of regulation 39 (rates comparison report)

  40. 39.Substitution of regulation 51 (matters on which the SSRO must give an opinion)

  41. 40.Amendment of regulation 52 (matters in relation to which the SSRO must make a determination)

  42. 41.Amendment of regulation 53 (time limits for applications and opinions)

  43. 42.Amendment of regulation 65 (modification of the Regulations)

  44. 43.Amendment of the Schedule (re-determination of contract price)

  45. 44.Transitional provision

  46. Signature

  47. Explanatory Note