Written Statement·Commons·Ministry of Defence·HCWS345

Baseline Profit Rate for Single Source Contracts 2024-25.

15 March 2024

James Cartlidge

The Minister for Defence Procurement

Conservative

Statement

Under the Defence Reform Act, the Secretary of State for Defence has a legal obligation to announce whether he will accept the Single Source Regulations Office recommendation for the Baseline Profit Rate to be used in single source defence contracts for 2...