All expenditure with third parties is subject to our internal procedures. If there is no contract already in place or access to an approved framework officers are required to:
- Seek a minimum of three competitive quotes for all expenditure up to £50K
- Carry out a formal full tender process for all expenditure over £50k
- Any expenditure over the EU public procurement threshold must be subject to the appropriate tender process
The current EU tender thresholds are:
- Goods and services: £181,302
- Works: £4,551,413
The tender thresholds are reviewed every two years and adjusted based on the exchange rate of GBP to the Euro.
