New procurement thresholds in force

On 1 January 2014, procurement thresholds increased as part of a European Commission biennial review to ensure that they are in keeping with the thresholds under the World Trade Organisation's Government Procurement Agreement.

Details of the principal new Public Contracts Regulations 2006 thresholds are listed below:

Click here to view the table.

Details of the principal new Utilities Contracts Regulations 2006 and the Defence and Security Public Contracts Regulations 2011 thresholds are set out below:

Click here to view the table.

The EU Commission stipulates here how the thresholds are to be translated into the local currency of EU Member States, and interestingly, the new thresholds, when converted to pounds, are slightly lower than the thresholds issued two years ago.

All EU Member States have to apply these new thresholds to their national procurement rules.