OpenLegislation

Paragraph 2B Multiple pricing amendmentsF1F2

(1)

This paragraph applies where the parties propose to make two or more pricing amendments to a contract or component at the same time (irrespective of whether the parties also propose to make, at the same time, any other amendment to the contract or component which is not a pricing amendment).

(2)

Where this paragraph applies—

(a)

the pricing amendments are to be treated separately and dealt with in turn,

(b)

Part 2 or 4 (as the case may be) applies in relation to each pricing amendment as it applies to a single amendment, and

(c)

the price payable under the amended contract or component is the price determined after the last of the pricing amendments has been dealt with.

(3)

If the parties propose a pricing amendment which changes the contract pricing method used for the contract or component, that pricing amendment must be dealt with first.

(4)

If the parties propose a pricing amendment to which paragraph 2A applies, that pricing amendment must be dealt with last.

Annotations

Textual amendments

F1

Sch. inserted (1.4.2019) by The Single Source Contract (Amendment) (No. 2) Regulations 2018 (S.I. 2018/1350), reg. 1(3), Sch. (with reg. 14)

F2

Sch. paras. 2A, 2B inserted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(6)

Notes on Schedule

Textual amendments

F2

Word in Sch. substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(2)

Notes on Part 1

Textual amendments

F2

Sch. Pt. 1 heading substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(3)