ISME welcomes the publication by DPENDR of the new procurement circular 05-2023. Key changes to procurement procedures covered by the circular include:
- An increase to the advertising threshold for goods and services contracts from €25,000 to €50,000 (ex VAT).
- An increase to the advertising threshold for works contracts from €50,000 to €200,000 (ex VAT).
- Measures to encourage consortium bidding by SMEs for contracts.
- Clarification for tendering businesses on the level of insurance required in public tendering.
Ross McCarthy, former ISME Chair and MD of Keystone Procurement, welcomed the updated circular and said “We are also delighted to see enhanced measures that public bodies should take to promote transparency and SME participation in public procurement. It is also good to see a reminder to public bodies of their obligations around the use of central procurement arrangements.”
Find out full details here.