# The Single Source Contract (Amendment) Regulations 2024, Regulation 13: Amendment of regulation 10 (pricing of contracts)


In regulation 10—
(a) in the heading, for “Pricing” substitute “Default pricing”;
(b) in paragraph (1)—
(i) after “qualifying defence contract” insert “or component of such a contract”;
(ii) in sub-paragraph (a), after the second instance of “contract” insert “or component”;
(iii) in sub-paragraph (b), for “regulated” substitute “default”;
(c) omit paragraphs (2) and (3);
(d) in paragraph (6), at the end insert “or component completion date”;
(e) for paragraph (7) substitute—
“(7) Under the estimate-based fee pricing method, the allowable costs by which the CPR is multiplied are the allowable costs as—
(a) estimated at the time of agreement; and
(b) may be adjusted in accordance with changes in specified indices or rates between the time of agreement and a specified time (and different times, indices or rates may be specified in relation to different allowable costs).”;
(f) in paragraph (8), at the end insert “or component completion date”;
(g) in paragraph (9), at the end insert “or component”;
(h) for paragraph (11) substitute—
“(11) Under the target pricing method, the allowable costs—
(a) must be estimated at the time of agreement;
(b) may be, or may include, allowable costs per unit of volume multiplied by the actual volume of output of the contract or component; and
(c) may be adjusted in accordance with changes in specified indices or rates between the time of agreement and a specified time (and different times, indices or rates may be specified in relation to different allowable costs).”.

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Source: https://www.legislation.gov.uk/uksi/2024/420/regulation/13 (the official version)
Page: https://openlegislation.uk/single-source-contract-amendment-regulations-2024/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.