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United Kingdom · Report · Written statement

UIN HCWS632

Baseline Profit Rate for Single Source Defence Contracts 2023-24

publishedUnited Kingdom· UK Parliament· EN

Introduced

14 March 2023

Last action

14 March 2023 · Written statement

Status

Commons

Sponsors

—

Subjects

Defence

Source updated

14 March 2023

Defence

Summary

I am today announcing that I have set the baseline profit rate for single source defence contracts at 8.29%, in line with the rate recommended by the Single Source Regulations Office (SSRO). This a decrease of 0.02 percentage points from 2022/23. I have a...

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 March 2023

    Written statement

    I am today announcing that I have set the baseline profit rate for single source defence contracts at 8.29%, in line with the rate recommended by the Single Source Regulations Office (SSRO). This a decrease of 0.02 percentage points from 2022/23. I have a...

    Source: Commons

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