PART 2Discounted supply price

CHAPTER 2Categorisation of supply contracts

Methodology for contract categorisation12

A supplier must—

a

establish a methodology setting out the basis on which it will make the determinations under regulation 11(1);

b

keep the methodology under review and update it if appropriate, having regard in particular to—

i

any change in the basis or terms on which it enters or offers to enter into supply contracts;

ii

any determination of the Secretary of State in respect of the categorisation of the supplier’s supply contracts under Chapter 4 of Part 5;

c

maintain, in respect of each supply contract, the data necessary to make the determinations under regulation 11(1) in accordance with the methodology;

d

ensure that it has in place reliable systems and procedures to apply the methodology.