New EU procurement thresholds for Tenders were published on 1 January 2010 which will apply for two years.
These values dictate whether a contract (tender) will be advertised in the Official Journal of the European Union (OJEU) and the website TED ie across the EU. Contracts with lower values are not required to be advertised in the OJEU – generally referred to as ‘lower-value’. Supply2.gov.uk is the national advertising platform for ‘lower-value’ opportunities. See How to Find Public Sector Tenders for Free.
View the revised EU procurement thresholds at supply2.gov or at the OGC.
NB as shown in our Fit to Tender Checklist, often buyers will be checking that the tender contract value does not exceed 20-30% of the tendering company’s turnover (NB this is a guide, not a rule). Consider this when deciding on which tenders to go for.