Section 4

For the purposes of this Act, the “estimated value” of a contract is its value for the time being estimated by a contracting authority. A contracting authority that estimates the value of a contract must do so in accordance with Schedule 3. A contracting authority must not exercise a discretion in connection with estimating the value of a contract with a view to securing that any requirement of this Act does not apply in relation to the contract.

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Source: legislation.gov.uk · retrieved 2026-09-04