Reference 2017-253

REF:            2017-253

Subject:        Financial thresholds for the procurement of services

    

 

Request:

1) What financial thresholds exist for the procurement of services?

2)  At those thresholds what is required e.g. 3 written quotations, mini tender via what method etc.?

3) What designated level of staff member may sign off orders at these varying threshold levels?

 

 

Response:

1) What financial thresholds exist for the procurement of services? £10k, £50k and OJEU
2)  At those thresholds what is required e.g. 3 written quotations, mini tender via what method etc.? Under £10k one quote, £10-£50k 3 written quoted, £50k up to OJEU local tender, above OJEU a full European tender. Obviously if the supplier or goods/services are available on a local or national framework or contract these don’t apply
3) What designated level of staff member may sign off orders at these varying threshold levels? All depends who has been set up in the authorised signatory list, there are many layers/staff