Amendment: Application thresholds for contract award procedures (2014/23/EU)

This procedure updates the financial thresholds that determine when public procurement contracts must follow European Union-wide tendering rules. By adjusting these limits, the EU ensures that the rules remain relevant to current economic conditions and inflation.

This affects public authorities and companies bidding for government contracts. It changes the monetary value at which a contract must be advertised across the EU rather than handled through simpler national procedures.