Paragraph 5 Amendment of a default pricing method used for a ... component of a contractF1F10F11
The price payable in respect of the pricing amendment must be determined in accordance with the following formula—
where—
- (a)
“CPR” is the contract profit rate for the F4pricing amendment, and
- (b)
The price payable under the amended contract is the total of—
the price payable for performance under the contract (other than performance under the relevant F7... component),
the price payable for performance under the relevant F8... component on or before the time of agreement, and
the price payable in respect of the F9pricing amendment.
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
Word in Sch. para. 5(1) substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(b)(i)
- F3
Word in Sch. para. 5(1) omitted (1.4.2024) by virtue of The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(b)(ii)
- F4
Word in Sch. para. 5(2)(a) inserted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(c)(i)
- F5
Word in Sch. para. 5(2)(b) omitted (1.4.2024) by virtue of The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(c)(ii)(aa)
- F6
Word in Sch. para. 5(2)(b) substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(c)(ii)(bb)
- F7
Word in Sch. para. 5(3)(a) omitted (1.4.2024) by virtue of The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(d)(i)
- F8
Word in Sch. para. 5(3)(b) omitted (1.4.2024) by virtue of The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(d)(i)
- F9
Word in Sch. para. 5(3)(c) inserted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(d)(ii)
- F10
Word in Sch. para. 5 heading substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(a)(i)
- F11
Word in Sch. para. 5 heading omitted (1.4.2024) by virtue of The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(11)(a)(ii)
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 2
Textual amendments
- F2
Sch. Pt. 2 heading substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(7)
Notes on Change of default pricing method
Textual amendments
- F2
Word in Sch. para. 4 cross-heading substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(9)