# Procurement Act 2023, Section 87: Regulated below-threshold contracts: notices

Extent: E+W+S+N.I.

(1) A contracting authority may not advertise for the purpose of inviting tenders in relation to the award of a notifiable below-threshold contract without first publishing a below-threshold tender notice.
(2) Subsection (1) does not apply if a contracting authority advertises only for the purpose of inviting tenders from particular or pre-selected suppliers.
(3) As soon as reasonably practicable after entering into a notifiable below-threshold contract, a contracting authority must publish a contract details notice.
(4) A “notifiable below-threshold contract” is a regulated below-threshold contract with an estimated value of—
(a) in the case of a contract to be awarded by—
(i) a central government authority that is not a devolved Welsh authority, not less than £12,000;
(ii) a central government authority that is a devolved Welsh authority, not less than £30,000, or
(b) otherwise, not less than £30,000.
(5) A “below-threshold tender notice” is a notice setting out—
(a) that the contracting authority intends to award a contract, and
(b) any other information specified in regulations under section 95.
(6) Any time limits provided for in a below-threshold tender notice must be—
(a) reasonable, and
(b) the same for each supplier.
(7) A Minister of the Crown or the Welsh Ministers may by regulations amend this section for the purpose of amending the financial thresholds.

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Source: https://www.legislation.gov.uk/ukpga/2023/54/section/87 (the official version)
Page: https://openlegislation.uk/procurement-act-2023/section-87
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.