Romania

Doubling of procurement thresholds in Romania

2012-08-02

'The threshold value of contracts to which the authorities may directly purchase products, services or work, without being obliged to initiate public auction, will be doubled from EUR 15,000 to EUR 30,000. The new rules are part of a draft emergency ordinance that changes public procurement legislation.

 

'The contracting authority must submit details to the Government Procurement authority (SEAP), within five days after making a deal with a value exceeding the equivalent of EUR 3,000. The name and identification of the economic operator, the subject and value of the purchase and the quantity purchased must all be provided.'

 

Read more on Romania Business Insider:

http://www.romania-insider.com/romanian-government-doubles-the-threshold-for-public-procurement-without-auction-to-eur-30000/61949/

 

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