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Multiple profit rates on contracts could save MOD millions
The Single Source Regulations Office has today published a consultation on how baseline profit rates for UK single source government defence contracts should be calculated.
Standards to be used by contractors and MOD, in contracts where lack of competition could impact on the value for money to the UK taxpayer.
We are proposing changes to the way we select comparable companies used as part of determining the annual profit rate for non-competitive defence contracts.
Defence companies are failing to comply with new regulations over non-competitive contracts, a report by the independent watchdog has shown.
New Chair appointed for the SSRO, which provides independent, expert leadership in the regulation of single source defence contracts
First published during the 2019 to 2022 Johnson Conservative government
The Compliance Bulletin examines how well defence contractors followed the reporting regulations for non-competitive (also known as single source) defence contracts.
The SSRO has published updates to its pricing and reporting guidance, following consultation with stakeholders. We’ve also published our response to what stakeholders told us.
The SSRO has launched three public consultations.
The SSRO has closed its investigation of the appropriate step 2 (cost risk) adjustment to be used in calculating the contract profit rate for two amendments to a qualifying defence contract.
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