Brussels revises procurement thresholds applicable from January 2016
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The European Commission has announced revised procurement thresholds that will apply from 1 January 2016.
The new thresholds, which will be in place for two years, are:
- Supplies and services (central government and Schedule 1): €135,000 (£106,047);
- Supplies and services (sub-central government): €209,000 (£164,176);
- Works contracts: €5,225,000 (£4,104,394).
The threshold for social and other specific services (the light touch regime) will stay at €750,000 but currency changes mean this is worth £589,148.
The threshold for public concessions contracts is €5,225,000 (£4,104,394). In this respect Mills & Reeve’s Procurement Portal noted how the new Concessions Directive has not yet been implemented in the UK, although the draft Concessions Contracts Regulations 2016 have been published and are due to come into force on 18 April 2016.
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