Procurement Reform (Scotland) Act 2014

Yn ddilys o 18/04/2016

5Estimated value of contractS

This adran has no associated Nodiadau Esboniadol

(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.