EU threshold values

What are EU threshhold values in the context of public procurement?

The threshold value refers to the estimation of the contract value. The net contract value is what is important here. The threshold values for construction services, service offerings and supply services differ from one another and are amended from time to time. These can be found here: Link The threshold values determine the tendering procedure that is to be used and also the point at which a client must announce their tender across the whole of Europe.