Procurement Threshold Changes
From 1st January 2024
Changes to Procurement Thresholds and LTN 87 Update

Parkinson Partnership, VAT Specialist, have provided County Associations with advice regarding changes to the procurement thresholds which were updated from 1 January 2024.

The new updated financial regulations will take these figures into account and will be available in due course.

Councils can amend the standing orders (section 18) and financial regulations (section 11) if they wish to, to reflect this update.

Click on this link to view the guidance provided by Parkinson Partnership. 
Following the procurement threshold changing there has been an update to LTN 87.

Click on this link to view the updated LTN 87.

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