Q&As

Where can I find the UK financial thresholds relating to public procurement and how often are they revised?

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Published on LexisPSL on 22/03/2021

The following Public Law Q&A provides comprehensive and up to date legal information covering:

  • Where can I find the UK financial thresholds relating to public procurement and how often are they revised?
  • Further reading

Where can I find the UK financial thresholds relating to public procurement and how often are they revised?

The UK public procurement regulations apply to public contracts in-scope, where the estimated value of the contract is no less than the financial thresholds set out in the relevant legislation, including:

  1. Public Contracts Regulations 2015 (PCR 2015), SI 2015/102

  2. Utilities Contracts Regulations 2016 (UCR 2016), SI 2016/274

  3. Concession Contracts Regulations 2016 (CCR 2016), SI 2016/273

Prior to the UK’s withdrawal from the EU, public procurement in the UK was subject to financial thresholds set by the EU. These thresholds are set by the European Commission for and reviewed every two years. The latest revision came into effect on 1 January 2020. See: EU threshold levels for public contracts set for 2020, LNB News 11/11/2019 24. Details of the EU thresholds can be found on the Official Journal of the European Union (OJEU) under 'Useful links'. For background reading, see Practice Note: EU procurement thresholds.

Although the EU public procurement directives are not within the scope of retained EU law, the implementing domestic regulations including those listed above (as well as their Scottish equivalents and the separate defence procurement regulations which are beyond the scope

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