{
  "url": "https://openlegislation.uk/health-services-provider-selection-regime-wales-regulations-2025/regulation-4",
  "json_url": "https://openlegislation.uk/health-services-provider-selection-regime-wales-regulations-2025/regulation-4.json",
  "legislation": "wsi/2025/99",
  "legislation_title": "The Health Services (Provider Selection Regime) (Wales) Regulations 2025",
  "legislation_url": "https://openlegislation.uk/health-services-provider-selection-regime-wales-regulations-2025",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Methods for calculating estimated lifetime value",
  "text": "(1) A relevant authority must calculate the estimated lifetime value in accordance with this regulation.\n(2) The estimated lifetime value is to be calculated—\n(a) in the case of a fixed term contract, as the maximum amount the relevant authority could expect to pay under the contract including, where applicable, amounts already paid;\n(b) in the case of contracts without a fixed term, as the maximum amount the relevant authority could expect to pay under the contract in any one-month period, multiplied by 48;\n(c) in the case of a framework agreement, as the sum of the estimated lifetime value of all contracts that have been or may be awarded under that framework, as calculated under (a) and (b) above.\n(3) In paragraph (1), the amount a relevant authority could expect to pay includes the following—\n(a) the value of any services provided by the provider under the contract other than for payment;\n(b) amounts that would be payable if an option in the contract for the provider to supply additional services were exercised;\n(c) amounts that would be payable if an option in the contract to extend or renew the term of the contract were exercised;\n(d) amounts representing premiums, fees, commissions or interest that could be payable under the contract;\n(e) amounts representing prizes or payments that could be payable to providers participating in the procurement.\n(4) In estimating the value of a contract, a relevant authority must take into account all of the facts which are material to the estimate and available to the authority at the time it makes the estimate.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/wsi/2025/99/regulation/4",
    "retrieved_at": "2026-10-28T22:58:41.703971+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."
}