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 2020:
For information, a summary of the current limits is shown below.
The public sector contracts regulations
Supplies and Services
Central Government Bodies £122,976
Other Contracting Authorities £189,330
Light Touch Regime
Suppliers may view procurement opportunities that are above the EU thresholds on Tenders Electronic Daily (TED) website.