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SIGMA Public Procurement Briefs

SIGMA Public Procurement Briefs provide input for training systems that are in compliance with EU public procurement legislation and practices and with related national legislations. They contribute to the improvement of professional skills of procurement officers and managers – both in the public sector (contracting authorities) and the private sector (economic operators). Some of the briefs are available in other languages, namely Armenian, Azeri, Romanian and Russian

English

Understanding the EU Financial Thresholds

The EU Public Procurement Directives only apply to contracts of a value that meet or exceed the relevant EU financial threshold. Different thresholds apply to different types of contracting authorities/entities and also to different types of contracts. In order to prevent abusive methods of calculating the value of the contracts, the Directives also provide for rules and methods of calculating the estimated value, as well as prohibition of methods designed to circumvent the Directives. SIGMA Brief 5 aims to increase understanding of what principles apply to the calculation of financial thresholds and of the value of individual contracts.

English

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