New thresholds from 1 January 2010

The Public Contracts Regulations 2006 only apply to procurements where the value of the proposed public contract falls over a specified threshold (although the general requirements of non-discrimination, equality of treatment and transparency must still be respected for under-threshold contracts). There are different thresholds depending on whether it is a public works, public supply or public services contract. These thresholds will be as follows from 1 January 2010:

PUBLIC SUPPLY CONTRACTS
Contracting Authorities specified in Schedule 1 - £101,323 (£125,000)
Other Contracting Authorities - £156,442 (£193,000)
Indicative notices - £607,935 (£750,000)
Small Lots - £64,846 (£80,000)

PUBLIC WORKS CONTRACTS
Contracting Authorities specified in Schedule 1 - £3,927,260 (£4,845,000)
Other Contracting Authorities - £3,927,260 (£4,845,000)
Indicative notices - £3,927,260 (£4,845,000)
Small Lots - £810,580 (£1,000,000)

PUBLIC SERVICES CONTRACTS
Contracting Authorities specified in Schedule 1 - £101,323 (£125,000)
Other Contracting Authorities - £156,442 (£193,000)
Part B Services - £156,442 (£193,000)
Indicative notices - £607,935 (£750,000)
Small Lots - £64,846 (£80,000)