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United Kingdom · Report · Written statement

UIN HCWS726

Baseline Profit Rate 2022/23 for Single Source Defence Contracts

publishedUnited Kingdom· UK Parliament· EN

Introduced

28 March 2022

Last action

28 March 2022 · Written statement

Status

Commons

Sponsors

—

Subjects

Defence

Source updated

28 March 2022

Defence

Summary

I am today announcing that I have set the baseline profit rate (BPR) for single source defence contracts at 8.31%. This differs from the SSRO’s recommendation of 8.07%. The SSRO calculate the BPR by taking an average of the methodology of profits earned b...

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Timeline

  1. 28 March 2022

    Written statement

    I am today announcing that I have set the baseline profit rate (BPR) for single source defence contracts at 8.31%. This differs from the SSRO’s recommendation of 8.07%. The SSRO calculate the BPR by taking an average of the methodology of profits earned b...

    Source: Commons

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