{
  "url": "https://openlegislation.uk/single-source-contract-regulations-2014/regulation-15",
  "json_url": "https://openlegislation.uk/single-source-contract-regulations-2014/regulation-15.json",
  "legislation": "uksi/2014/3337",
  "legislation_title": "The Single Source Contract Regulations 2014",
  "legislation_url": "https://openlegislation.uk/single-source-contract-regulations-2014",
  "path": "regulation/15",
  "kind": "regulation",
  "number": "15",
  "heading": "Target cost incentive fee (“TCIF”) adjustment",
  "text": "The circumstances specified for the purposes of section 16(1) are that—\n(a) the qualifying defence contract—\n(i) contains provision to the effect that the total price payable under the contract or component is subject to adjustment in accordance with section 16(1)(b); and\n(ii) specifies the matters which must be taken into account in determining the amount of that adjustment; and\n(b) the price payable under the contract or component was determined using the target pricing method.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 15(a)(i) substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 19(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in reg. 15(b) substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 19(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/3337/regulation/15",
    "retrieved_at": "2026-10-28T23:53:13.107571+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."
}