Quarterly qualifying defence contract statistics: Q1 2019/20
The Single Source Regulations Office has released its latest quarterly publication on key statistics relating to qualifying defence contracts (QDCs) and qualifying sub-contracts (QSCs).
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This bulletin is part of a regular published series of statistical reports, containing analysis of key QDC/QSC information. Analysis of all contracts that became a QDC/QSC between 1 April 2015 and 30 June 2019 is included.
The SSRO was notified of 233 contracts that became QDCs/QSCs by 30 June 2019. Contractors have one month after the date the contract becomes a QDC/QSC to submit reports, and as of 31 July 2019 the SSRO had received contract reports for 223 contracts that became QDCs/QSCs between 1 April 2015 and 30 June 2019, which the analysis is based on. This comprised 186 QDCs and 37 QSCs.
In the first three months of 2019/20, the SSRO has received contract reports for 16 new QDCs/QSCs, with an estimated total contract price of £6.1 billion. The estimated total contract price of all 223 QDCs/QSCs was £36.4 billion. The average reported estimated contract profit rate across all QDCs/QSCs was 9.59 per cent. All data is based on the latest submitted report for each QDC/QSC, to reflect the most recently reported contract data, and may not reflect values at contract completion.
The publication schedule for the next four quarterly bulletins is as follows:
Quarterly bulletin | Date Published |
Q2 2019/20 | 16 December 2019 |
Q3 2019/20 | February 2020 |
Q4 2019/20 | June 2020 – Annual Statistics |
Q1 2020/21 | August 2020 |