The (current and) new thresholds (other than for central government, utilities and concession contracts) are:
Current threshold
New threshold from 1 January 2018
Works
£4,104,394
£4,551,413
Services / supplies
£164,176
£181,302
“Light touch regime” services*
£589,148
£615,278
Small lots** for works
£785,530
£820,370
Small lots** for services and supplies
£62,842
£65,630
These will apply to all contracts let and procurements that begin after 1 January 2018.
* The Light Touch Regime applies to “social and other specific services” including health, education, catering, postal services and legal services.
** Where a contracting authority has a ‘single requirement’ for works, services or supplies, up to 20% of that requirement may be let as a separate contract, or as a number of contracts as long as each contract has a value less than the applicable small lots threshold.
If you would like advice or have any questions about the points raised in this article, please get in touch with Andrew Millross.
The Academies Financial Handbook is updated annually by the Department for Education and the Education and Skills Funding Agency; it contains a number of governance requirements for academy trusts.
Supreme Court publishes key decision for those working in the UK’s gig economy.
The 'Chocolate Snowman Appeal' is an amazing initiative that Anthony Collins Solicitors' (ACS) employees take part in every year.
The Building Safety Bill (the Bill) is said to be the most significant and wide-ranging change to the regulatory environment for higher risk building (HRBs) for over 45 years.
On 4 November 2020, the Restriction of Public Exit Payments Regulations 2020 (the Regulations) came into force; exit payments for the public sector were capped at £95,000.
The case was brought by the Official Receiver who sought disqualification orders under section 6 of the Company Directors Disqualification Act 1986 (CDDA 1986) against the seven trustees of Kids Company and its CEO. It illustrates well the tension between the role of a fulltime paid CEO of a large charity and the role of its board as voluntary trustees/directors.
At the end of 2020, The Charity Governance Code was updated or 'refreshed' as it is termed on its website.
Anthony Collins Solicitors is today (Thursday 11 February) revealing the scale of its social impact during 2020.
In their first podcast of this series, current and future trainees will discuss their journey and route to securing a training contract at Anthony Collins Solicitors.
A recent prosecution by the Health and Safety Executive ("HSE") demonstrates the importance of organisations regularly inspecting, maintaining, and if necessary, repairing or replacing street furnitur
To receive invitations to our events, as well as information and articles on legal issues and sector developments that are of interest to you, please sign up to Newsroom.