Written Statement·Commons·Ministry of Defence·HCWS1417
Baseline Profit Rate 2019-20 for Single Source Defence Contracts
15 March 2019
Sir Gavin Williamson
Secretary of State for Defence
Conservative
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...