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New procurement thresholds from 1 January 2020

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The European Commission has recently published the revised procurement thresholds that will apply to public bodies from 1 January 2020 to 31 December 2021 (inclusive).

In summary, the thresholds have reduced for almost all types of contract (with the exception of light touch services, which remains €750,000 for the public sector and €1 million for the utilities sector).

A table showing the changes is set out below – for more information please don’t hesitate to contact your procurement team.