European Union (EU) procurement rules and financial limits
The European Commission biennially sets the financial thresholds that govern competitive bidding for Procurement for public sector organisations.
The European Commission has issued revised thresholds for the application of EU public procurement rules. The revised thresholds will take effect from 1 January 2020:
For information, a summary of the current limits is shown below.
The public sector contracts regulations
Supplies and Services
- Central Government Bodies £122,976
- Other Contracting Authorities £189,330
Works
- All bodies £4,733,252
Light Touch Regime
- All bodies £663,540
Concessions Contracts
- All bodies £4,733,252
Suppliers may view procurement opportunities that are above the EU thresholds on Tenders Electronic Daily (TED) website.
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