Regulation 9B Contract pricing methodsF1
(1)
The parties to a qualifying defence contract must use a contract pricing method for determining the price payable under that contract or a component of the contract.
(2)
Unless the parties make an agreement in accordance with paragraph (3), the parties must determine the price payable in accordance with a default pricing method.
(3)
If the circumstances described in an alternative pricing method pertain, the parties may agree to determine the price payable in accordance with that alternative pricing method.
Annotations
Textual amendments
- F1
Pt. 3 Ch. 1 inserted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 12