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New Procurement Thresholds for 2026
The new procurement thresholds will come into effect on 1st January 2026 and in a perhaps surprising move, the thresholds for most types have reduced from the 2024 values.
The new procurement thresholds will come into effect on 1st January 2026 and in a perhaps surprising move, the thresholds for most types have reduced from the 2024 values.
There are new procurement thresholds from 1st January 2024 and although the Procurement Act 2023 has received Royal Assent, the Public Contract Regulations 2015 still apply until the new act is fully implemented later in the year.
There are new procurement thresholds from 1st January 2022 and there is a major change this year that mean the headline figures are not quite as they seem.