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Procurement Value Thresholds
When to Tender
The Procurement and Contracts office is required to be involved with all purchases to ensure competitive tendering processes are carried out under the Department of Finance guidelines.
PROCUREMENT VALUE THRESHOLDS FOR GOODS, SERVICES AND WORKS
Threshold | Requirements |
---|---|
< €4,999 |
|
€5,000 - €24,999 |
|
Cumulative or Single Value €25,000 - €214,999 |
|
Cumulative or Single Value €215,000 or more |
|
Cumulative or Single Value €5,382,000 |
|
Note: Staff will not require any quotations for contracted goods. For other purchases below €4,999k an e-mail or a noted reference to a catalogue price is required.
Note: ALL VALUES EXCLUDE VAT, Applicable from the 1st January 2020
Note: It is the Departments responsibility to retain all procurement records in relation to their procurement activities. These should be stored in a central location that may be easily retrieved at a later stage for auditing purposes.