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European Commission Revises Public Procurement Thresholds for 2018

on Wednesday, 20 December 2017.

The European Commission has released its revised procurement thresholds which apply to contracts awarded under the Public Contracts Regulations 2015, the Utilities Contracts Regulations 2016 and the Concession Contracts Regulations 2016.

The public procurement thresholds are reviewed every two years to take into account of currency fluctuations. Since the UK voted to leave the EU in June 2016 the pound has been significantly weaker against the Euro than previously, and this is reflected in these revised figures.

The new thresholds will apply from 1 January 2018.

Public Contracts Regulations 2015

 

Existing threshold (until 31 December 2017) Revised threshold (from 1 January 2018)
Works contracts (all) £4,104,394 (€5,225,000) £4,551,413 (€5,548,000)
Supply and services contracts (central government) £106,047 (€135,000) £118,133 (€144,000)
Supply and services contracts (local authorities, universities, academies, emergency services) £164,176 (€209,000) £181,302 (€221,000)
Services concerning social and other specific services (including GP and dentistry services) £589,148 (€750,000) £615,278 (€750,000)
Works or services concession contracts (all) £4,104,394 (€5,225,000) £4,551,413 (€5,548,000)

 

Utilities Contracts Regulations 2006

  Existing threshold (until 31 December 2017) Revised threshold (from 1 January 2018)
Works contracts £4,104,394 (€5,225,000) £4,551,413 (€5,548,000)
Supply and services contracts £328,352 (€418,000) £363,424 (€443,000)
Works or services concession contracts £4,104,394 (€5,225,000) £4,551,413 (€5,548,000)


A full list of the corresponding values of the thresholds, in currencies other than Euro, can be found on the EUR-Lex site.

For more information about these issues, please contact Stephanie Rickard on 0117 314 5675 or Rob Prater on 020 7665 0927 in our Procurement and State Aid team.

 

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