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Procurement Timescales and Thresholds

Procurement Timescales and Thresholds

Procurement timescales and thresholds

Guidance on the thresholds and typical timescales applicable to all procurements.

Two of the most frequently asked questions that we get asked are:

  1. How do I procure ("buy stuff")?
  2. How long does it take to procure (“buy stuff”)?

The answer to the first questions is that you should follow these three simple steps:

  1. Obtain from an internal department or buy from a contracted supplier
  1. Obtain quotes (below £50,000)
  2. Do a plan / tender (above £50,000)

Option 1 is the easiest and preferred route.

Option 2 and 3 will take progressively more time and effort.

Option 3 is very likely to involve assistance from procurement.

The answer to the second question is “it depends”! Please see the handy 1 page guide below for more information:

For EU procurements (expenditure that is over £174k for goods / services and over £4.3m for works) minimum timescales are set by law:

Full training and advice on all procurement matters is available. Please get in touch with us or book onto one of our training courses.

This article was published on Feb 6, 2012


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