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European public sector organisations are governed by several directives that require contracts, with values equal to or exceeding the thresholds below, to be published in the Official Journal of the European Union (OJEU). These thresholds came into effect on 1 January 2024 and are NOT inclusive of VAT.
Details of current UK thresholds can be found on: UK Public Procurement Thresholds.
Contracts relating to public authorities, which include government departments, local authorities, and healthcare authorities.
Contracts relating to certain utility companies operating in the energy, water, and transport sectors.
Contracts relating to entities operating in the fields of defence and security.
Concessions are contracts for pecuniary interest by means of which one or more contracting authorities, or contracting entities, entrusts the execution of works, or the provision and the management of services, to one or more economic operators.
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