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.
Reg. 5 (PCR 2015)
Threshold amounts
In: Plan > Strategy and plan
Objective at this commercial stage
Above-threshold contracts must comply with Part 2 PCR.
Key considerations at this commercial stage
Contracting authorities should:
- determine whether Part 2 PCR will apply to their contract given its value.
Legal framework
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