New OJEU thresholds for the New Year

The European Commission has published new thresholds for the application of the for the Public Contract, Concessions and Utilities Directives 2014.

The thresholds are revalued, in Euros, every two years. For those member states which have not adopted the Euro, the Commission applies a conversion formula to the revised Euros figure to arrive at a figure expressed in terms of the national currency.

The new values are relevant to all public procurement exercises which commence on or after 1 January 2018, and are expected to apply for a two year period.

Public buyers should note, overall, the thresholds are slightly, but not significantly, higher than at present.

Thresholds for contracts regulated by the Public Contracts Directive 2014/24/EU

Type of contract	Threshold from 1 Jan 2018
Supply and services contracts (central government)	£118,133 (€144,00)
Supply and services contracts (non-central government)	£181,302 (€221,000)
Works and subsidised works contracts	£4,551,413 (€5,548,000)
Social and other services contracts falling within the "Light Touch Regime"	£615,278 (€750,000)

Thresholds for contracts regulated by the Utilities Directive 2014/25/EU

Type of contract	Threshold from 1 Jan 2018
Supply and services contracts and design contracts	£363,424 (€443,000)
Works contracts	£4,551,413 (€5,548,000)
Social and other services contracts falling within the "Light Touch Regime"	£820,370 (€1,000,000)

Thresholds for contracts regulated by the Concessions Directive 2014/23/EU

Type of contract	Threshold from 1 Jan 2018
Concession contract - All sectors	£4,551,413 (€5,548.000)