Carol McCormack
Posted on 22 Jan 2014

New Public Procurement Thresholds from 1 January 2014

On 1 January 2014 new thresholds for application of the EU public procurement rules came into effect.

Where a contract for works, supply or services to be awarded has a value above these thresholds, contracting authorities must follow a regulated procurement procedure in accordance with the Public Procurement Regulations 2006 (as amended).

The new thresholds are as follows:

 

Revised thresholds 

(NET OF VAT)

Supply and services contracts (Schedule 1 Bodies)  £111,676
Supply and services contracts (other contracting authorities)  £172,514
Works contracts  £4,322,012

Need a way of keeping the thresholds to hand?  Our handy desktop calendar could be the perfect thing.  With the new thresholds and our procurement top tips on one side and a quick reference calendar on the other, it's a great tool for procurement practitioners and the public  sector alike.

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