The European Commission has published revised financial thresholds relating to the application of the procedures for the advertising and award of contracts under the EU Public Procurement Directives (Directive 2004/17 (Utilities), Directive 2004/18 (Public Sector Contracts) and Directive 2009/81 (Defence and Security Contracts)). The new thresholds apply from 1 January 2014. These thresholds are revised every two years to ensure that they remain consistent with those that are used for the WTO Government Procurement Agreement and these requirements are incorporated –Read More–