The European Commission has published the new public procurement thresholds to apply from 1 Jan 2014. The new thresholds are set out below with the previous figures in brackets
Central government supply and service contracts/design contests: EUR 134,000 (130,000) / £111,676 (113,057)
Other contracting authority supply and service contracts/design contests: EUR 207,000 (200,000) / £172,514 (173,934)
Works contracts, subsidised works contracts and works concession contracts: EUR 5,186,000 (5,000,000) / £4,322,012 (4,348,350)
Utilities, Defence and Security supply and service contracts/design contests: EUR 414,000 (400,000) / £345,028 (347,868)
Utilities, Defence and Security works contracts: EUR 5,186,000 (5,000,000) / £4,322,012 (4,348,350)
Contracting authorities in UK will no doubt be disappointed that despite the increase in the Euro figures, the new UK public procurement thresholds have actually decreased due to the vagaries of exchange rates. Although the new procurement directive is due to be adopted in the UK in 2014 it is likely that these thresholds will still be used under the new regime.