The University’s current Purchasing Regulations contain financial thresholds that determine the approach that should be taken when purchasing goods and services.
Following the amendment of the published OJEU Thresholds on 31 December 2017, the University has updated its Procurement Thresholds as incorporated within the Procurement Regulations.
The only changes to the current approved thresholds are as follows:
• The internal Goods and Services OJEU limit will increase from £150k to £175k. This is in line with the published OJEU value that has increased to £181k;
• The internal Works OJEU Limit will move upwards by £500k from £4m to £4.5m. This is in line with the published OJEU value which has moved from £4.1m to £4.551m.
Our internal limits remain below the OJEU limits to allow some tolerances.
Light Touch Services
We will also consider the ‘Light Touch‘ Regime OJEU Limits for the following categories of work on a case-by-case basis :
• Health, social, educational, hotels, restaurants, postal, legal, healthcare and culture services.
• Subsidised services contracts.
• Research and development services.
Please note that all the financial values and thresholds, including the OJEU Legislation, are net of VAT and VAT does not apply in calculating these figures.
If you have any queries please contact the Procurement Team through the Contact us form
Staff can view the Threshold guidelines here