EU Procurement Threshold Update
(4 January 2018)
The Procurement Service would like to inform users that from Monday 1 January 2018, the EU threshold for purchasing goods and services has increased to £181,302 excluding VAT.
This is the contract value determined over a four-year term, not the annual value. There has also been an increase for works, which will stand at £4,551,413 excluding VAT.
All other EU legislation and procedures remain unchanged.
If you have any queries or wish to discuss a procurement requirement that you feel may fall into these thresholds then please contact email@example.com