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The European Commission has not made any legislative proposal to introduce a single European contract law. Rather, on
The UK Government issued a public call for evidence on the Commission's Green Paper after it was published, which asked for views and evidence on the Commission's Green Paper. This exercise concluded in early December 2010 and the Government are currently considering the evidence gathered and will respond to the Commission in due course.
The Commission has not produced an impact assessment on any of the options due to the wide ranging and consultative nature of them, which at this stage lack the detail needed to make sound assessments of impacts. The Government have not produced a formal impact assessment at this stage for the same reasons. If the European Commission were at some point to produce a legislative proposal then that would need to be accompanied by a full impact assessment. The Commission has already undertaken to make sure this is done and the Government will make this requirement clear in their response.