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Updated thresholds for public procurement

27 October 2023      Ashley Shelbrooke, HEPA and Project Specialist

Yesterday, 26 October 2023, saw the announcement of the updated public procurement thresholds which are to be applied from 1 January 2024. 

Hempsons cover the thresholds here.  In summary, the updated thresholds are:

Goods 

£214,904
Works £5,372,609
Light touch Regime£663,540

Concession contracts

£5,372,609

The thresholds are inclusive of VAT.



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