2.5.3 What are the current EU Thresholds?

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The EU published revised financial thresholds relating to Supplies, Services and Works on 30 November 2009. These are outlined in the tables below.

 

Table 2-8: EU Thresholds for Public Contracts

 

Supplies

(€)

Services

(€)

Works

(€)

Public Sector Contracting Authorities listed in Annex IV of the  Law L.12(I)/2006

125.000

125.000

4.845.000

Other Contracting Authorities as listed in Annex III of the Law L.12(I)/2006

193.000

193.000

4.845.000

Indicative Notices

750.000

750.000

4.845.000

Small Lots

80.000

80.000

1.000.000

 

Table 2-9: EU Thresholds for Utilities Contracts

 

Supplies

(€)

Services

(€)

Works

(€)

All Sectors

387.000

387.000

4.845.000

Indicative Notices

750.000

750.000

4.845.000

Small Lots

80.000

80.000

1.000.000

 

The following points should be noted in respect of the thresholds:

the EU thresholds are mandatory;
These thresholds are reviewed by the EU every two years and are announced to the contracting authorities by PPD;
all amounts are stated exclusive of VAT;
Indicative notices relate to early warning notices of the procurement, i.e. a Prior Information Notice (PIN). In cases where a PIN has been published, the contracting authority has the right to decrease the time limits for the receipt of the tenders in accordance with article 43 (4) of the Law Ν12(Ι)/2006.
Small lots refer to large contracts that are divided into smaller lots, usually to encourage SMEs/SEs to bid for them. Importantly this acts as a deterrent to contracting authorities trying to circumvent the appropriate procurement procedure. As stated in Law 12 article 21(5)b it is important to note that the total amount of the specific lots does not exceed 20% of the total value of all lots.

 


© 2007 Republic of Cyprus, Treasury of the Republic, Public Procurement Directorate
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