{
  "url": "https://openlegislation.uk/draft-single-source-contract-regulations-2014/regulation-2",
  "json_url": "https://openlegislation.uk/draft-single-source-contract-regulations-2014/regulation-2.json",
  "legislation": "ukdsi/2014/9780111122440",
  "legislation_title": "The Single Source Contract Regulations 2014",
  "legislation_url": "https://openlegislation.uk/draft-single-source-contract-regulations-2014",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "(1) In these Regulations—\n“the Act” means the Defence Reform Act 2014, and references to sections and Schedules are references to sections of, and Schedules to, that Act;\n“business unit” means either—\n(a) a unit—\n(i) which carries on any activities for the purposes of an undertaking; and\n(ii) for which separate financial accounting statements are produced; or\n(b) an undertaking, or group of two or more undertakings, for which a single set of financial accounting statements is produced which is separate from the financial accounting statements of each of those undertakings;\n“contract completion date” has the meaning given by regulation 4;\n“contract price” means—\n(a) the contract price determined in accordance with regulation 10; or\n(b) if the contract price has been re-determined in accordance with regulation 14, the price as re-determined;\n“cost recovery base” means the unit of measure to which a cost recovery rate is applied in order to calculate a cost under a contract;\n“cost recovery rate” means a rate calculated for a business unit that is used to determine a cost payable under a contract, being a rate per unit of a cost recovery base that is multiplied by the quantum of that cost recovery base to determine the cost;\n“deliverable” means any goods, works or services which—\n(a) are provided under a contract; and\n(b) can be described using an output metric;\n“further group sub-contract” has the meaning given by regulation 12(6);\n“group sub-contract” has the meaning given by regulation 12(5);\n“output metric” means a quantifiable description of any goods, works or services (including a number, weight, dimension, time or physical capability, but not including a monetary value);\n“parent undertaking” has the meaning given by section 1162 of the Companies Act 2006;\n“regulated pricing method” means one of the six pricing methods described in paragraphs (4), (5), (6), (7) and (8), (9) and (10), or (11) of regulation 10;\n“SME” has the meaning given in Commission Recommendation 2003/361/EC of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises;\n“TCIF adjustment” means an adjustment made under section 16(1)(b);\n“the time of agreement” means—\n(a) in the case of a contract which is a qualifying defence contract by virtue of section 14(3), or a qualifying sub-contract—\n(i) the date the contract is entered into; or\n(ii) if the price payable under the contract is re-determined under regulation 14, the date of that re-determination;\n(b) in the case of a contract which is a qualifying defence contract by virtue of section 14(4) or (5)—\n(i) the date of the amendment mentioned in section 14(4)(c) or (5)(b); or\n(ii) if the price payable under the contract is re-determined under regulation 14, the date of that re-determination;\n“undertaking” has the meaning given by section 1161(1) of the Companies Act 2006;\n“working day” means any day excluding—\n(a) Saturday, Sunday, Christmas Day, Good Friday or a bank holiday under the Banking and Financial Dealings Act 1971; and\n(b) where a person gives the Secretary of State and the SSRO no less than 30 days’ written notice of its intention to treat a day as a holiday, that day.\n(2) A reference to a report provided under Part 5 includes a contract pricing statement (regulation 23), a contract reporting plan (regulation 24), a contract costs statement (regulation 29), and information provided under regulation 30 (on-demand contract report).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "2006 c.46."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "O.J. L 124, p. 36-41, of 20 May 2003."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "1971 c. 80."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2014/9780111122440/regulation/2",
    "retrieved_at": "2026-10-30T15:11:52.928990+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}