Below-threshold procurement
What below-threshold procurement is, how it differs from a full procedure and how a company can take part.
Below-threshold procurement is procurement whose estimated value is under the threshold at which a full procedure must be used.
How it differs
Below-threshold procurement follows a simplified regime with less administrative burden and shorter deadlines. Even so, the principles of openness, equal treatment and fair competition still apply.
How it is published
Below-threshold procurements are published too, so companies can find and take part in them. Thresholds are set by Cabinet Regulations and reviewed periodically.
How to take part
The approach is similar to a full procedure, only simpler — see How to participate in a public tender. The base rules are in the Public Procurement Law.