New Procurement Thresholds From January 2020
The European Commission has just published new procurement threshold values which will apply to contracts advertised on and after 1 January 2020. These are as follows and are net of VAT:
| Works Contracts | £4,733,252 |
| Supply and Service Contracts (central government) | £122,976 |
| Supply and Service Contracts (sub-central authorities) | £189,330 |
| Light Touch Regime for health/social services | £663,540 |