24 December 2013
From 1 January 2014 new contract value thresholds, to be applied by Contracting Authorities when considering whether they must follow European procurement procedures, are as follows.
As before, these thresholds will apply for a 2 year period, changing next on 1 January 2016.
On this occasion the values have increased in Euros, but decreased slightly in Sterling, reflecting recent fluctuations in exchange rates.
If you wish advice on procurement, or on any of the exemptions that apply to the requirement to put over-threshold contracts out to tender, please contact bto.
Patrice Fabien, Partner, Glasgow
T: 0141 221 8012 E: email@example.com