Amendment: Directive 2014/24/EU contract award thresholds

This procedure updates the financial thresholds that determine when public contracts must be advertised across the European Union. These limits ensure that high-value contracts are put out for competitive tender to guarantee transparency and fair competition within the internal market.

This affects public authorities and companies bidding for government contracts. It changes the monetary value at which a contract must follow EU-wide procurement rules rather than simpler national procedures.