Profit rates reported in Qualifying Defence Contracts 2015/16
Published on 25 May 2016
Details This report highlights the planned contract profit rates reported for 30 QDCs/QSCs entered into between 1 April 2015 to 31 March 2016. The analysis shows on average, QDCs/QSCs reported a contract profit rate of 11.7 per cent in 2015/16. Excluding the Profit On Cost Once (POCO) adjustment, it was 12.0 per cent. Contract profit […]
Guidance on adjustments to the Baseline Profit Rate 2016
Published on 24 March 2016
Details Section 17(2) of the Defence Reform Act 2014 sets out the six steps to be used when determining the contract profit rate for a qualifying defence contract. It is a legal requirement to have regard to this guidance. This document provides guidance on the adjustments to make to the baseline profit rate when determining […]