The European Commission has updated its Euro thresholds for the application of the EU Public Procurement Directives from 1 January 2012. At the same time the Commission published a Communication setting out the equivalent Sterling values.
The new Sterling thresholds are:-
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The Public Contracts (Scotland) Regulations 2006 – from 1 January 2012 |
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|
|
Supplies |
Services |
Works |
|
Central Government Bodies (subject to WTO/GPA) |
£113,057(€130,000) |
£113,057(€130,000) |
£4,348,350(€5,000,000) |
|
Other public sector contracting authorities |
£173,934(€200,000) |
£173,934(€200,000) |
£4,348,350(€5,000,000) |
|
Small Lots |
£69,574(€80,000) |
£69,574(€80,000) |
£869,670(€1,000,000) |
|
The Utilities Contracts (Scotland) New Regulations 2006 – from 1 January 2012 |
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|
|
Supplies |
Services |
Works |
|
All sectors |
£347,868(€400,000) |
£347,868(€400,000) |
£4,348,350(€5,000,000) |
|
Small Lots |
£69,574(€80,000) |
£69,574(€80,000) |
£869,670(€1,000,000) |
|
The Defence and Security Public Contracts Regulations 2011 |
|||
|
|
Supplies |
Services |
Works |
|
All sectors |
£347,868(€400,000) |
£347,868(€400,000) |
£4,348,350(€5,000,000) |
|
Small Lots |
£69,574(€80,000) |
£69,574(€80,000) |
£869,670(€1,000,000) |
Commenting on the new thresholds, Douglas McLachlan, an Associate in Biggart Baillie LLP's Procurement Team said:-
"The new thresholds will apply from 1 January 2012 to 31 December 2013. Although the UK Sterling thresholds are pegged to revised Eurozone thresholds, they will remain constant throughout 2012 and 2013 and will not fluctuate against the value of the Euro during that time."
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
