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Procurement Reform (Scotland) Act 2014

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Changes over time for: Section 5

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No versions valid at: 11/01/2016

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Point in time view as at 11/01/2016. This version of this provision is not valid for this point in time. Help about Status

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There are currently no known outstanding effects for the Procurement Reform (Scotland) Act 2014, Section 5. Help about Changes to Legislation

Valid from 18/04/2016

5Estimated value of contractS

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(1)For the purposes of this Act, the estimated value of a contract is the value of the total consideration (not including value added tax) which the contracting authority expects to be payable under or by virtue of the contract.

(2)The Scottish Ministers may by regulations make further provision about how the estimated value of a contract is to be determined.

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