Public Procurement - Changes to The EU Public Procurement Thresholds
by
Farah Al-Hassani
The threshold values regulating the procurement of public or utilities services, supplies and works contracts in the UK and across Europe have been amended from 1 January 2010.
The revised UK thresholds have risen slightly to reflect the relative weakness of the UK pound. By comparison, the thresholds are now marginally lower in Euro due to the Euro’s recent relative strength.
Thresholds applicable to Public Sector Contracts are as follows (thresholds are net of VAT):
| |
SUPPLIES |
SERVICES |
WORKS |
| Entities listed in Schedule 1 |
£101,323 |
£101,323 |
£3,927,260 |
| Other public sector contracting authorities |
£156,442 |
£156,442 |
£3,927,260 |
| Prior Information Notices |
£607,935 |
£607,935 |
£3,927,260 |
| Small Lots |
£64,846 |
£64,846 |
£810,580 |
Thresholds applicable to Utilities Contracts are as follows (thresholds are net of VAT):
| |
SUPPLIES |
SERVICES |
WORKS |
| All Sectors |
£313,694 |
£313,694 |
£3,927,260 |
| Indicative Notices |
£607,935 |
£607,935 |
£3,927,260 |
| Small Lots |
£64,846 |
£64,846 |
£810,580 |
The information contained in this article is given for general information only, reflects the current law on the date of this article, and does not constitute legal advice on any specific matter