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Is the estimated contract value under Regulation 58(9) PCR 2015 calculated in accordance with Regulation 6 PCR 2015?
Practical Law Resource ID a-023-4664 (Approx. 2 pages)
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Is the estimated contract value under Regulation 58(9) PCR 2015 calculated in accordance with Regulation 6 PCR 2015?
Anonymous (Public sector)
Q:
How should the "estimated contract value" be calculated for the purpose of Regulation 58(9) Public Contract Regulations 2015 for a Measured Term Contract for Works, over a 7-year term? It appears that this is the estimated cost of works over the duration of agreement, rather than per year; is this correct?
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