What is public procurement? The Public Procurement Act (LOU) regulates almost all public procurement which means that contracting entities, such as local government agencies, county councils, government agencies as well as certain publicly owned companies etc, must comply with the act when they purchase, lease, rent or hire-purchase supplies, services and public works.
The rules are different for public procurement above and below a number of so-called threshold values. For procurement above the threshold values, the LOU is based mainly on EC directives. Below the threshold values the provisions are national and the EC directives do not apply.
More information and guidelines; Public Procurement Act (LOU) (opens in a new window)
SU 9043 Procurement plan (31 Kb)
Last updated:
January 5, 2017
Source: MMK
