Overview
Under an agreement between the UK Government and the Confederation of British Industry, first made in 1968, a Government Profit Formula and Associated Arrangements (GPF AA) exists to give contractors engaged on non-competitive government work a fair return. The Board exists to make recommendations in respect of the GPF; to prescribe the Government Accounting Conventions for use in determining overhead costs; to resolve references to the Review Board by either MOD or Industry and to publish Reviews on the GPF (known colloquially as the "Yellow Book").
Established 1969. Following the passage of the defence reform Act 2014, it is intended that RBGC will be replaced by a new executive NDPB, the Single Source regulations Office.
PB13 Entry | FULL |
PB Reform | Retain |
Regulatory Function | Yes |
Chairs Remuneration (p.a. unless otherwise stated) | |
Chief Executive / Secretary Remuneration | 0 |
Public Meetings | No |
Public Minutes | No |
Register of Interests | No |
Ombudsman | |
Last Annual Report | 2013 |
Last Review | |
Audit Arrangements | |
OCPA Regulated | 1 |