Quarterly qualifying defence contract statistics: Q1 2020/21
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)
Documents
Details
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 2020 is included.
The SSRO was notified of 315 contracts that became QDCs/QSCs by 30 June 2020. Contractors have one month after the date the contract becomes a QDC/QSC to submit reports, and as of 31 July 2020 the SSRO had received contract reports for 304 contracts that became QDCs/QSCs between 1 April 2015 and 30 June 2020, which the analysis is based on. This comprised 260 QDCs and 44 QSCs.
In the first three months of 2020/21, the SSRO has received contract reports for 15 new QDCs/QSCs, with an estimated total contract price of £887 million. The estimated total contract price of all 304 QDCs/QSCs was £43.1 billion. The average reported estimated contract profit rate across all QDCs/QSCs was 9.42 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 2020/21 | 19 November 2020 |
Q3 2020/21 | February 2021 |
Q4 2020/21 | June 2021 – Annual statistics |
Q1 2021/22 | August 2021 |