From 1 January 2024, new thresholds will apply to procurements conducted under the Public Contracts Regulations 2015, the Concession Contracts Regulations 2016, and the Utilities Contracts Regulations 2016 (and their equivalents in Scotland), as per the Public Procurement (Agreement on Government Procedure) (Thresholds) (Amendment) Regulations 2023.
The thresholds under the Defence and Security Public Contracts Regulations 2011, the Light Touch Regime (Public Contracts and Utilities) and for small lots under the public, utilities and defence and security regimes will not change.
The thresholds (inclusive of VAT) that will apply from 1 January 2024 are:
To view the table on smaller/mobile devices, please view the PDF version.
