97.Subsection (1) requires contractors to notify the Secretary of State when they become aware of events, circumstances or information that are likely to have a material effect upon the costs, price or performance of their QDC (subsection (3)),.
98.Failure to comply with this section may lead to a financial penalty (under sections 31(3)(c) and 32).
Commentary on Sections Part 2: Single Source Contracts Section 26: Duty to report relevant events, circumstances and information