Regulation 28 Contract completion report

a list of the key deliverables specified in the contract, with a brief description of each;

the actual quantum of those deliverables, expressed using the output metrics set out in the most recent contract reporting plan;

where the contract contains components, an explanation of which of those deliverables relate to which component;

an annual profile (or, if the contractor is of the view that it is not possible to express these matters in an annual profile, the total amount) of the following matters—

an annual profile of any estimated costs for the contract and, where the contract contains components, for each component at the time of agreement (split by the defined pricing structure);

the total amount of non-recurring allowable costs (split by the defined pricing structure) for the contract and, where the contract contains components, for each component of the contract, except where the contract or component was priced using a contract pricing method under which costs are indistinguishable from profits;

an annual profile of the estimated amount of each cost recovery base set out in the contract reporting plan at the time of agreement;

an annual profile of the actual costs (split by the defined pricing structure) F12for the contract and, where the contract contains components, each component of the contract;

an annual profile of the actual amount of each cost recovery base set out in the contract reporting plan;

a quantified analysis of the causes of variance (explaining not less than 90% of the total variance) between any estimated costs used to determine the contract price F13of the contract and, where the contract contains components, each component of the contract and the total actual and forecast costs;

a description of any event that has occurred, or circumstances which have arisen, since the contract was entered into, that have had or are likely to have a material effect in relation to the contract F14or, where the contract contains components, a component of the contract, including—

a forecast of any TCIF adjustment or any final price adjustment (regulation 16) which the contractor expects will be made;

a list of all payments exceeding £100,000 or 1% of the contract F17price (whichever is the greater) that have been or are expected to be made by the Secretary of State under the contract, including—

if the contract requires payment to be made in sterling, an annual profile of all such payments made, or which the contractor expects the Secretary of State will make;

if the contract requires payment to be made in any currency other than sterling, an annual profile for each such currency of all payments made, or which the contractor expects the Secretary of State will make;

a list of—

where the contract contains components, an explanation of which delivery milestones relate to which component;

in relation to each sub-contract which the primary contractor has entered into for the purposes of enabling it to perform its obligations under the qualifying defence contract which has or is expected to have a value of not less than £1,000,000 F19...—

in relation to each sub-contract which the primary contractor has entered into, or intends to enter into, and which has or is expected to have a value of not less than £15,000,000, if the primary contractor has made an assessment that the contract would not be a qualifying sub-contract—

a description of any component completion reports provided under regulation 27A.

the actual quantum of deliverables required by paragraph (2)(b) need not be expressed using the output metrics set out in the contract reporting plan;

the report need not contain the information specified in paragraphs (2)(c)(i), (ii), (v) and (vi), (b) to (h), (k), (p) and (q);

paragraph (2)(i) has effect as if for the words from “any estimated” to the end there were substituted “the contract price of the contract or component estimated at the time of agreement and the actual contract price of the contract or component”;

paragraph (2)(j)(iii) has effect as if for “costs already incurred or forecast to be incurred under the contract or component” there were substituted “price payable, together with a quantified analysis of the variance”.

paragraph (2)(a) has effect as if at the end there were inserted “which were deliverable after the contract has become a qualifying defence contract”;

paragraph (2)(b) has effect as if after “expressed” there were inserted “in respect of those deliverables that were deliverable after the contract became a qualifying defence contract”;

the report need not contain the information specified in paragraph (2)(c), (e) and (p);

paragraph (2)(i) has effect as if for the words from “any estimated” to the end there were substituted “the contract price for the contract or component estimated at the time of agreement and the actual contract price for the contract or component”;

paragraph (2)(j) has effect as if for “was entered into” there were substituted “became a qualifying defence contract”;

paragraph (2)(m) has effect as if at the end there were inserted “after the contract became a qualifying defence contract”;

paragraph (2)(n) has effect as if at the end there were inserted “after the contract became a qualifying defence contract”;

paragraph (2)(o) has effect as if—

paragraph (2)(f) has effect as if for “cost recovery base” there were substituted “competed rates”;

paragraph (2)(h) has effect as if for “cost recovery base” there were substituted “competed rates”.