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What Does Above-Threshold Mean?
Describes a contract whose estimated value meets or exceeds the relevant threshold, bringing the full Procurement Act 2023 regime into play — a published tender notice, formal assessment and a standstill period.
Which rules apply to an above-threshold contract?
The full Procurement Act 2023 regime: a tender notice on the Central Digital Platform, one of the competitive tendering procedures, published award criteria, assessment summaries, a contract award notice and a standstill period before the contract is signed.
How does a buyer decide if a contract is above threshold?
By estimating its total value, including VAT, options and possible extensions, and comparing it with the threshold for that type of contract and buyer. Splitting a requirement to stay below the threshold is not allowed.
Why does it matter to suppliers?
Above-threshold contracts give suppliers more rights: published criteria, detailed feedback through the assessment summary and the chance to challenge the award during standstill.
