# The Single Source Contract Regulations 2014, Regulation 23: Contract pricing statement


(1) The primary contractor must provide a contract pricing statement for the qualifying defence contract within one month of the initial reporting date.
(2) A contract pricing statement must—
(a) set out any allowable costs and the contract profit rate used to determine the contract price;
(b) set out the date and version of any statutory guidance made under section 18(1) or 20(1) in force at the time of agreement;
(c) describe any known deviation from that statutory guidance made in determining the contract price;
(d) describe the calculation that was made under regulation 11 to determine the contract profit rate, including all adjustments that were made under steps 1 to 6;
(e) describe—
(i) the contractor’s facts, assumptions and calculations relevant to each element of the allowable costs (including those relevant to any risk or contingency included in the allowable costs);
(ii) any facts or assumptions provided by the Secretary of State and used by the contractor in those calculations;
(f) describe any other information which was material to the pricing of the contract.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111122440/regulation/23 (the official version)
Page: https://openlegislation.uk/draft-single-source-contract-regulations-2014/regulation-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.