The European Commission biennially sets the financial thresholds that govern competitive bidding for Procurement for public sector organisations.
The European Commission has issued revised thresholds for the application of EU public procurement rules. The revised thresholds will take effect from 1 January 2016 and apply for the next two year period, to 31 December 2017
For information, a summary of the current limits is shown below.
The public sector contracts regulations
Supplies and Services
Central Government Bodies £106,047
Other Contracting Authorities £164,176
Light Touch Regime
* Concessions Contracts Regulations 2016 due to come into force on 18 April 2016.
Suppliers may view procurement opportunities that are above the EU thresholds on Tenders Electronic Daily (TED) website.