Transitional provisions for increases to Fixed Recoverable Costs

The Fixed Recoverable Costs (FRC) figures will be increased from 6th April 2024 to allow for inflation. The increases are based on the Services Producer Price Index for the period between January 2023 and October 2023. What transitional provisions govern this? Currently, CPR 45.1(8) provides: “A reference in any rule to an amount in a […]

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