Common use of CALCULATING CONTRACT VALUE Clause in Contracts

CALCULATING CONTRACT VALUE. 8.1 Where like goods, services or works are required, the Contract value used for calculating the relevant threshold shall be calculated by aggregating the estimated total annual value of the like goods services works and multiplying this by the number of years that the proposed Contract is to run for both Forces. 8.2 Where the Contract does not specify the length of the period it is to run, then four years shall be taken as the multiplier. 8.3 In no case shall an Officer divide a Contract into a number of constituent parts in order to avoid compliance with the processes set out in these Contract Standing Orders. 8.4 When considering which process to follow, the aggregated cost across both Surrey & Sussex Police shall be used to inform the decision. Where a process is also run on behalf of other participants, their expenditure shall also be considered when selecting the appropriate process. 8.5 When considering the approval of a Contract, this will be governed by the value of each Contract awarded under a process (whether the split is by Contracting Authority, Supplier or both).

CALCULATING CONTRACT VALUE. ‌ 8.1 Where like goods, services or works are required, the Contract value used for calculating the relevant threshold shall be calculated by aggregating the estimated total annual value of the like goods services works and multiplying this by the number of years that the proposed Contract is to run for both Forces. 8.2 Where the Contract does not specify the length of the period it is to run, then four years shall be taken as the multiplier. 8.3 In no case shall an Officer divide a Contract into a number of constituent parts in order to avoid compliance with the processes set out in these Contract Standing Orders. 8.4 When considering which process to follow, the aggregated cost across both Surrey & Sussex Police shall be used to inform the decision. Where a process is also run on behalf of other participants, their expenditure shall also be considered when selecting the appropriate process. 8.5 When considering the approval of a Contract, this will be governed by the value of each Contract awarded under a process (whether the split is by Contracting Authority, Supplier or both).