Reg. 5 (PCR 2015)

Threshold amounts

In: Procure > Finalise and publish procurement pack

Overview

This regulation sets out the relevant value thresholds (including VAT) for the different types of contracts that need to be procured in compliance with Part 2 PCR 2015.

Objective at this commercial stage

Above-threshold contracts must comply with Part 2 PCR.

Key considerations at this commercial stage

Contracting authorities should:

  • ensure a contract being procured, to which Part 2 PCR applies given its value, complies with the provisions in Part 2 PCR regarding the publication of contract notices.

See also in the Procurement Act 2023:

  • Schedule 1, Paragraph 1: Threshold amounts

Additional support and guidance

Make sure you:

  • read the regulation
  • seek legal and commercial advice in the context of specific procurements