New procurement thresholds coming into force from January 2020

The European Commission has 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

 

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