EU Public procurement Directives regulate the publication and organisation of tender procedures for contracts which meet a defined financial threshold. The directives apply common principles of transparency, open competition and sound procedural management to public contract award procedures which are likely to be of interest to suppliers. Open and well regulated procurement markets are expected to contribute to a better use of public resources.
The directives set out the procedures to be followed at each stage of the procurement process to ensure that public sector bodies award contracts in an efficient and non-discriminatory manner. The table below shows the financial thresholds above which, the EU procurement directives must be applied. These are reviewed and updated every 2 years.
|Supply, services and design contracts||Works contracts||Social and other specific services|
Thresholds are exclusive of VAT.