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


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