The new thresholds will be valid for two years.
Romania will implement new public procurement thresholds starting January 1, the Romanian Authority for Public Procurement Regulation and Monitoring (ANRMAP) said Tuesday.
The threshold applied for contracts to purchase works will be raised from EUR4.8 million to EUR5 million. The threshold was already increased at the end of 2010 from EUR1 million.
The same procedure will apply in the case of public procurement of services. The threshold will be set at EUR200,000 from EUR193,000, equivalent in lei.
If in a call for tender the overall contract value exceeds the set threshold, an auction announcement must be published in the Official Journal of the European Union.