Published: 13 Jan 2016
The new thresholds for the application of the various public procurement regimes came into force on 1 January 2016.
The new rules are as follows:
Supply and Services contracts: £164,176
Works contracts: £4,104,394
These thresholds are for either single purchases or aggregated purchases via single contracts or frameworks over a period of 4 years.
If there are any requirements that will either exceed or potentially exceed the above thresholds please contact Procurement on 52504 prior to engaging with any external party.