The thresholds at which public procurement opportunities are subject to the full suite of UK regulations governing public contracts have been updated. Below are the revised thresholds for public contracts, utilities contracts and concession contracts from 1 January 2024, as per the amendments made to the UK regulations via the Public Procurement (Agreement on Government Procurement) (Thresholds) (Amendment) Regulations 2023 The Public Contracts Regulations Supplies & Services (except subsidised services contracts) Central Government bodies £139,688 Others £214,904 Subsidised services contracts All bodies £214,904 Works (including subsidised works contracts) All bodies £5,372,609 Light Touch Regime for Services All bodies £663,540 Small lots Supplies and services £70,778 Works £884,720 The Utilities Contracts Regulations 2016 Supplies and Services All sectors £429,809 Works All sectors £5,372,609 Small lots Supplies and Services £70,778 Works £884,720 The Concession Contracts Regulations 2016 Concession contracts £5,372,609 The Defence and Security Public Contracts Regulations 2011 Supplies and Services All sectors £429,809 Works All sectors £5,372,609 Small lots Supplies and Services £70,778 Works £884,720