The Procurement Act 2023 (Threshold Amounts) (Amendment) Regulations 2025

These Regulations make amendments to the Procurement Act 2023 (“the Act”) to update certain financial thresholds, which govern the procedures for the award of public contracts for goods, works and services. These amendments follow a review of relevant thresholds to ensure they continue to correspond with the relevant thresholds laid down in the World Trade Organisation’s Agreement on Government Procurement (“GPA”).