United Kingdom · Report · Written statement
UIN HCWS522
The Implementation from 1 April 2025 of New Profit Rates for Single Source Defence Contracts
Introduced
14 March 2025
Last action
14 March 2025 · Written statement
Status
Commons
Sponsors
—
Subjects
Defence
Source updated
14 March 2025
Summary
I am today announcing on behalf of the Secretary of State for Defence that the baseline profit rate for single source defence contracts will be set at 8.56%, in line with the rate recommended by the Single Source Regulations Office (SSRO). This an increas...
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Timeline
14 March 2025
Written statement
I am today announcing on behalf of the Secretary of State for Defence that the baseline profit rate for single source defence contracts will be set at 8.56%, in line with the rate recommended by the Single Source Regulations Office (SSRO). This an increas...
Source: Commons
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Sponsors
- · Ministry of Defence · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-statements/detail/2025-03-14/HCWS522
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenstatements/statements/1784839
- uk · ws-1784839 · source updated 14 March 2025