The European Commission has released its revised procurement thresholds which apply to contracts awarded under the Public Contracts Regulations 2015, the Utilities Contracts Regulations 2016 and the Concession Contracts Regulations 2016.
The public procurement thresholds are reviewed every two years to take into account currency fluctuations. The new thresholds will apply from 1 January 2020.
Supply and services contracts
This covers councils, universities, schools, academies, emergency services.
- Existing threshold (until 31 December 2019) £181,302
- Revised threshold (from 1 January 2020) £189,330
Works contracts
This covers all services.
- Existing threshold (until 31 December 2019) £4,551,413
- Revised threshold (from 1 January 2020) £4,733,252
Services concerning social and other specific services
This including GP and dentistry services.
- Existing threshold (until 31 December 2019) £615,278
- Revised threshold (from 1 January 2020) £663,540
Works or services concession contracts
This covers all services.
- Existing threshold (until 31 December 2019) £4,551,413
- Revised threshold (from 1 January 2020) £4,733,252
Procurements that meet the above thresholds must be advertised in OJEU.
The above thresholds are net of VAT.
Central government bodies have different thresholds for supply and services contracts from 1 January 2020.