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Defence Reform Act 2014

Section 26: Duty to report relevant events, circumstances and information

97.Subsection (1) requires contractors to notify the Secretary of State when they become aware of events, circumstances or information that are likely to have a material effect upon the costs, price or performance of their QDC (subsection (3)),.

98.Failure to comply with this section may lead to a financial penalty (under sections 31(3)(c) and 32).

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