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New EU Procurement Thresholds 2012
New EU Procurement Thresholds apply from from 1 January 2012 to 31 December 2013.
Any purchase above these limits must conform to the Public Contracts (Scotland) Regulations 2006.
WORKS - £4,348,350 or €5,000,000
SUPPLIES - £173,934 or €200,000
SERVICES - (estimate over 48 months) £173,934 or €200,000
It should be noted that these amounts are Nett of VAT.
Further guidance on making purchases above these thresholds must be obtained from the Procurement Office, prior to commencing the procurement process.
This article was published on Dec 23, 2011