Guidance outline for low value contracts

Guidance outline for low value contracts


The European Commission last week published guidelines to streamline the awarding of low-value contracts in the member states for the public authorities to follow as these contracts account for the vast majority of public contracts in the EU – over 90 percent in some member states. Commenting on the subject, Internal Market and Services Commissioner Charlie McCreevy said in a statement, “Individually these contracts may be of low value, but together they are worth billions. Restricting them to l...


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