# Procurement Act 2023, Paragraph 2: Frameworks

Extent: E+W+S+N.I.

(1) A contracting authority must estimate the value of a framework as the sum of the estimated values of all the contracts that have or may be awarded in accordance with that framework.
(2) In the case of a framework awarded under an open framework, the value of the framework is to be treated as including the value of all frameworks awarded, or to be awarded, under the open framework.
(3) In this Schedule, “framework” has the meaning given in section 45(2).

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Source: https://www.legislation.gov.uk/ukpga/2023/54/schedule/3/paragraph/2 (the official version)
Page: https://openlegislation.uk/procurement-act-2023/schedule-3/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.