Corporate report

SSRO Corporate Plan 2022-2025

The SSRO’s Corporate Plan sets out our priorities and work programme for the period 2022 – 2025

• From: Single Source Regulations Office
• Published: 7 June 2022

Documents

SSRO Corporate Plan 2022-2025

PDF, 500 KB, 31 pages

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SSRO Corporate Plan 2022-2025

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Details

The SSRO aims to be the recognised expert in the regulation of single source defence contracting. We support UK defence by working at the heart of a continuously improving regulatory framework which helps the MOD and contractors agree and deliver value for money contracts and fair and reasonable prices.

Our Corporate Plan for 2022 to 2025 sets out an ambitious agenda for the next three years. We will:

• Support the government’s commitment set out in its Defence and Security Industrial Strategy to improving acquisition through choice and flexibility, speed and simplicity, and stimulating innovation and exploiting technology. We expect to provide significant support to the implementation of the Secretary of State’s review of the regulatory framework.
• Use the data we have collected over the last seven years to develop management information that delivers real insight to the MOD.
• Encourage industry and the MOD to make greater use of the mechanism for referring contract issues to us for opinion or determination. This mechanism in the regulatory regime has been under-utilised to date but has the potential to drive huge value in setting precedents that can be widely adopted.
• Continue to refine our guidance on allowable costs and develop our work on contract profit rates. We recognise the Secretary of State’s continued support for our baseline profit rate methodology and the actions we have taken in light of the pandemic. We will consult on our approach to returning to a market based benchmark which uses our established methodology from next year.

This plan has been developed in consultation with industry and the MOD, and we appreciate their input. We have developed a range of quantitative and qualitative key performance indicators, designed to be stretching but realistic, to help us assess whether we are achieving our aims.

The SSRO’s Board will monitor delivery of the Corporate Plan. The plan will be updated each year.

Published 7 June 2022