STOP PRESS - new public procurement thresholds effective 1 January 2012
The procurement thresholds for application of the Public Contracts Regulations 2006, Utilities Contracts Regulations 2006 and the Defence and Security Public Contracts Regulations 2011 will change from 1 January 2012.
Contracting authorities will note that the thresholds have increased slightly since the last update which is good news in potentially lifting more transactions outside of the detailed rules.
The changes also apply to the relevant Scottish regulations, being the Public Contracts (Scotland) Regulations 2006 and Utilities Contracts (Scotland) Regulations 2006 and are as follows: | Public Contracts Regulations 2006 | Current threshold | Revised threshold | | Supply and service contracts/ design contests awarded by Schedule 1 (central government bodies) or where the WTO applies | £101,323 | £113,057 | | Supply and service contracts/ design contests awarded by all other contracting authorities | £156,442 | £173,934 | | Works contracts, works concession contracts and subsidised works contracts | £3,927,260 | £4,348,350 |
| Utilities Contracts Regulations 2006 | Current threshold | Revised threshold | | Supply and service contracts/ design contests | £313,694 | £347,868 | | Works contracts | £3,927,260 | £4,348,350 |
| Defence and Security Public Contracts Regulations 2011 | Current threshold | Revised threshold | | Supply and service contracts | £313,694 | £347,868 | | Works contracts | £3,927,260 | £4,348,350 |
For a link to the Commission briefing please click here. Please click here to register for our public sector briefings.
Veale Wasbrough Vizards' market leading procurement team can help you with all aspects of public procurement including transaction structuring and bringing/defending procurement challenges.
For more information on this or any other procurement issue you may be facing, please contact David Hansom, Partner on 020 7665 0808 or your usual contact at Veale Wasbrough Vizards.
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