Point in time view as at 11/01/2016. This version of this provision is not valid for this point in time.
Procurement Reform (Scotland) Act 2014, Section 5 is up to date with all changes known to be in force on or before 13 August 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Valid from 18/04/2016
(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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