Extension Of The Threshold Regulation Until The Year 2016

The "threshold regulation" adjusting (raising) the sub-thresholds of the Austrian Procurement Act ("BVergG") will be extended once again, namely for two more years. This plan was disclosed in the press briefing issued in conjunction with the retreat held by the members of Austria's federal government on September 27th and 28th this year. Thus, contracting authorities will continue to be able to benefit from substantial procedural simplifications when awarding contracts below the threshold in 2015 and 2016 as well.

Simpler and faster award procedures

• The "threshold regulation" (as amended most recently by BGBl II Nr 262/2013) allows contracting authorities to award small and medium-sized contracts unbureaucratically and efficiently. On the basis of the threshold regulation, Austria's federal government, its provinces and municipalities may (continue to) directly award contracts with an estimated contract value below EUR 100,000 to suitable bidders