(1)A “public contract” is a contract of a kind specified in subsection (2), (3) or (4).
(2)Any contract for the supply, for pecuniary interest, of goods, services or works to a contracting authority which—
(a)has an estimated value of not less than the threshold amount for the type of contract, and
(b)is not an exempted contract.
(3)Any framework which—
(a)has an estimated value of not less than the threshold amount for the type of contract, and
(b)is not an exempted contract.
(4)Any concession contract which—
(a)has an estimated value of not less than the threshold amount for the type of contract, and
(b)is not an exempted contract.
(5)Schedule 1 sets out the threshold amounts.
(6)Schedule 2 sets out contracts that are exempted contracts for the purposes of this Act.