New procurement thresholds from 1st January 2014
As an early Christmas present the European Commission has announced the new procurement thresholds to take effect from 1st January 2014. When converted to sterling these are marginally lower than we have currently.
Public Contracts Regulations 2006 |
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Revised EU threshold |
Revised |
Supplies and Services Schedule 1 bodies (Central Government and other bodies listed in Schedule 1 of the Regulations |
EUR 134 000 |
£111 676 |
Supplies and Services Other contracting authorities Also applies to Part B services and Research & Development services (all bodies) |
EUR 207 000 |
£172 514 |
Works |
EUR 5 186 000 |
£4 322 012 |
Utilities Contracts Regulations 2006 |
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Revised EU threshold |
Revised |
Supplies and Services |
EUR 414 000 |
£345 028 |
Works |
EUR 5 186 000 |
£4 322 012 |
Defence and Security Public Contracts Regulations 2011 |
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Revised EU threshold |
Revised |
Supplies and Services |
EUR 414 000 |
£345 028 |
Works |
EUR 5 186 000 |
£4 322 012 |
- Supplies and services EUR 80 000 or £66 672
- Works EUR 1 000 000 or £833 400