Paragraph 6 Amendment affecting a defined element of allowable costsF1
This paragraph applies where—
the proposed pricing amendment will change a defined element of allowable costs under the contract or a F2... component of the contract, and
In this paragraph “qualifying F5default pricing method” means a pricing method described—
in regulation 10(4) (firm pricing method),
in regulation 10(5) (fixed pricing method),
in regulation 10(9) and (10) (volume-driven pricing method), or
in regulation 10(11) (target pricing method).
The price payable under the amended contract is the total of—
the original contract price less the adjustment amount, and
the price payable in respect of the F10pricing amendment.
For the purposes of sub-paragraph (4), “the adjustment amount” is the amount of the original contract price which can be attributed to the defined element of allowable costs that is being changed.
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. 6(1)(a) omitted (1.4.2024) by virtue of The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(12)(a)(i)
- F3
Word in Sch. para. 6(1)(b) substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(12)(a)(ii)(aa)
- F4
Words in Sch. para. 6(1)(b) omitted (1.4.2024) by virtue of The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(12)(a)(ii)(bb)
- F5
Word in Sch. para. 6(2) substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(12)(b)
- F6
Word in Sch. para. 6(3) inserted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(12)(c)(i)
- F7
Word in Sch. para. 6(3)(a) inserted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(12)(c)(ii)
- F8
Word in Sch. para. 6(3)(b) substituted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(12)(c)(iii)(aa)
- F9
Word in Sch. para. 6(3)(b) omitted (1.4.2024) by virtue of The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(12)(c)(iii)(bb)
- F10
Word in Sch. para. 6(4)(b) inserted (1.4.2024) by The Single Source Contract (Amendment) Regulations 2024 (S.I. 2024/420), regs. 1(2), 43(12)(d)
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)