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Procurement Reform (Scotland) Act 2014

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Procurement Reform (Scotland) Act 2014, Section 3 is up to date with all changes known to be in force on or before 24 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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3Regulated contractsS

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(1)A contract is regulated if—

(a)it is a public contract,

(b)the estimated value of the contract (see section 5) is equal to or greater than the contract threshold, and

(c)the contract is not an excluded contract (see section 4).

(2)For the purposes of this Act, the contract threshold is as follows—

Type of contractThreshold
Public contract (other than a public works contract)£50,000
Public works contract£2,000,000

(3)The Scottish Ministers may by order amend the table in subsection (2) so as to substitute for the figures specified there for the time being such other figures as they consider appropriate.

Commencement Information

I1S. 3 in force at 18.4.2016 by S.S.I. 2016/30, art. 3 (with art. 5)

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