Price a single source defence contract

Defence official, armed forces officer and defence commercial (Secure Operations): Price a single source defence contract. Starts when: A qualifying defence contract without competition. Steps: Apply the six-step profit rate; Agree allowable costs; Record the contract price. Done when: The price and profit steps are recorded and agreed by both parties. Rules that apply: Defence Reform Act 2014 Part 2; Single Source Contract Regulations 2014.