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Part 2Single source contracts

General

43Interpretation etc

(1)In this Part—

(2)In this Part—

(a)references to the value of a contract—

(i)are to its value as determined in accordance with single source contract regulations, and

(ii)include references to its value as estimated in accordance with such regulations;

(b)references to costs include references to—

(i)costs as estimated in accordance with single source contract regulations;

(ii)a combination of actual costs and costs as so estimated.

(3)For the purposes of this Part, one person is “associated” with another if they are group undertakings in relation to each other.

(4)In subsection (3), “group undertaking” has the meaning given by section 1161 of the Companies Act 2006.

(5)So far as there is any inconsistency between a provision of this Part or regulations made under it (provision A) and a provision of a qualifying defence contract (provision B), provision A prevails.