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5.—(1) The Utilities Contracts Regulations 2016 are amended as follows.
(2) In regulation 16 (threshold amounts), in paragraph 1—
(a)in sub-paragraph (a), for “£378,660” substitute “£426,955”;
(b)in sub-paragraph (b), for “£4,733,252” substitute “£5,336,937”.
(3) For “net”, where it occurs in the following places, substitute “inclusive”—
(a)regulation 16(1);
(b)in regulation 17 (methods for valuing the estimate value of the procurement)—
(i)paragraph (1);
(ii)paragraph (8);
(iii)paragraph (9);
(iv)paragraph (14);
(c)in regulation 94 (scope of Chapter 2)—
(i)sub-paragraph (a);
(ii)sub-paragraph (b).