The regulations and procedures for buying may require tenders or quotations to be sought from organisations depending on the value of the contract. The table below summarises these rules :
At or below £5,000
A minimum of 1 written quotation must be obtained.
£5,000 to £25,000
A minimum of 3 written quotations must be obtained
£25,000 to £150,000
A minimum of three tenders must be invited with at least two returned.
Over £150,000 to £173, 934
At minimum of six tenders to be invited with at least three tenders returned
The European Union (EU) procurement thresholds as at 01/01/2014 are:
Works: £4,322,012 Supplies £172,514 Services £172,514
Above these thresholds the tender process complies with the EU Directives on Procurement.
The total value of a contract is calculated on the entire spend over the life of the contract, for example, a service bought in on a four year contract at £40,000 a year has a total value of £160,000.
How Can I Find Out where forthcoming opportunities are advertised?
The Council publishes Forthcoming Contracts on this website
How can I find out what contracts have been awarded?
The Council publishes Awarded Contracts on this website.
All tenders above EU thresholds are advertised in the Official Journal of the European Union. (OJEU).