Revised public procurement thresholds to be applied from 1 January 2024

From 1 January 2024, the Public Procurement (Agreement on Government) Procurement (Thresholds) (Amendment) Regulations 2023 will alter the financial thresholds for the application of the Public Contracts Regulations 2015.

These thresholds were last updated on 1 January 2022 and these changes see a small increase in the values, with the exception of the Light Touch Regime threshold which remains unchanged.

As before, the applicable thresholds are inclusive of VAT and apply over the full duration of the contract term, including any options to extend. They will apply from 1 January 2024 as set out below.  

Contracting AuthorityType of ContractExisting Threshold (until 31 December 2023)Revised Threshold (from 1 January 2024)
Public Contracts Regulations 2015

Central government (and those entities listed in Schedule 1 PCR*)


Public supply and public services contracts£138,760£139,688
All other contracting authoritiesPublic supply and public services contracts£213,477£214,904
All contracting authoritiesSocial and other specific services under the ‘Light Touch’ regime. £663,540£663,540
Concession Contracts Regulations 2016
All contracting authorities Works or services Concession Contracts under the Concession Contracts Regulations 2016£5,336,937£5,372,609
Utilities Contracts Regulations 2016
All contracting authorities Supply and Services Contracts under the Utilities Contracts Regulations 2016.£426,955£429,809
All contracting authorities. Works Contracts Under the Utilities Contracts Regulations 2016.£5,336,937£5,372,609















*Note that the relevant threshold for NHS Trusts and Foundation Trusts is the central government threshold rather than the threshold for “all other contracting authorities”. 

If you have any questions relating to procurement thresholds or any other procurement queries, please contact John Houlden, Patrick Parkin, Laura Wisdom or your usual Burges Salmon contact. 

Article written by Eve Maxwell, Trainee Solicitor.