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United Kingdom · Report · Written statement

UIN HCWS1417

Baseline Profit Rate 2019-20 for Single Source Defence Contracts

publishedUnited Kingdom· UK Parliament· EN

Introduced

15 March 2019

Last action

15 March 2019 · Written statement

Status

Commons

Sponsors

—

Subjects

Defence

Source updated

15 March 2019

Defence

Summary

I am today announcing that I have set the baseline profit rate for single source defence contracts at 7.63%, in line with the rate recommended by the Single Source Regulations Office (SSRO). I have accepted the methodology used by the SSRO to calculate th...

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Timeline

  1. 15 March 2019

    Written statement

    I am today announcing that I have set the baseline profit rate for single source defence contracts at 7.63%, in line with the rate recommended by the Single Source Regulations Office (SSRO). I have accepted the methodology used by the SSRO to calculate th...

    Source: Commons

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