New Public Procurement Thresholds for the HE Sector in 2020
The European Commission has released its revised procurement thresholds for contracts awarded under the Public Contract Regulations 2015 and the Concession Contracts Regulations 2016.
These will apply from 1 January 2020 for two years.
We have set out below a table of the relevant thresholds for universities and colleges, which have all increased.
If the UK leaves the EU, the thresholds will be set by the Cabinet Office.
|
|
Existing threshold (until 31 December 2019) |
Revised threshold (from 1 January 2020) |
| Works contracts | £4,551,413 (€5,548,000) | £4,733,252 (€5,350,000) |
| Supply and services contracts | £181,302 (€221,000) | £189,330 (€214,000) |
| Services concerning social and other specific services (including education and training services) | £615,278 (€750,000) | £663,540 (€750,000) |
| Works or services concession contracts | £4,551,413 (€5,548,000) | £4,733,252 (€5,350,000) |
A full list of the corresponding values of the thresholds, in currencies other than Euro, can be found on the EUR-Lex site.
To find out how these changes to the procurement thresholds impact you, please contact Stephanie Rickard on 0117 314 5675 in our Procurement and State aid team.