The European Commission has now published the new regulations which have set the financial value of the public procurement thresholds for the next two years. It has also issued a communication outlining the fixed national currency conversion equivalents for each of these updated thresholds. The new thresholds will take effect as from 1 January 2018 and, in most cases, represent a small increase on current values as demonstrated by the table below:

Remember that ‘central government authorities’ include the Department of Health, the NHS Business Services Authority and NHS trusts (as well as ‘Welsh NHS bodies’), with ‘sub-central contracting authorities’ comprising all other contracting authorities which are not central government authorities (which would include FTs).