Those new Public Procurement Thresholds

 Here are those new Threshold values I mentioned earlier.  They apply from 1 January 2026  and will not change for 2 years.

The values are lower in both GBP and EUR, despite global inflation being in the range of 3% to 5% (obviously significantly different in any individual country).  I have to say that I am not sure what is happening here...

The Thresholds are denominated in Special Drawing Rights (SDR) which are based on a basket of currencies including Sterling and EUR (and USD, Yen and Yuan).  So they should not change a lot.  And I cannot see whether the underlying values in SDR have changed, nor why they have not been adapted to take account of inflation.

Anyway, the new (and old) values for the UK are below.

Win more contracts - understanding the Procurement Act 2023 - 4th December 2025

 Last open course for 2025 (for me) is online on Wednesday 4th December 2025.

Full details are here.

These courses have been very popular, and so we shall run them again in 2026, but not until February at the earliest.  And there will probably be a run of other courses as well, but not until the Spring.

So if you are interested, hope to see you online.

New Public Procurement Thresholds from 1 January 2026

 And they are lower than at moment. (just a bit)

Some people says this means more competition as more contracts will be subject to the threshold and there require competition.

WELL, given that the PA2023 increases the opportunities for avoiding competition the lowering of the threshold is only a marginal step back in the direction of competion.

 

And of course the thresholds are not actually set by the UK government but the WTO GPA.

 

Given the significant inflation over the past few years this is a significant lowering of (most of) the thresholds.  I'll be interested in the response.  I suspect many contracting authorities actually would have preferred a significant increase.