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Financial Regulation
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Legal
legal · News Briefing
Financial Regulation requires that contracts above 15,000 euro follow a formal procurement procedure, and for service contracts above 215,000 euro an open or restricted procedure with publication in the Official Journal is mandatory.
“Financial Regulation requires that contracts above 15,000 euro follow a formal procurement procedure; for service contracts above the EU threshold, currently 215,000 euro, an open or restricted proce…”
15000 euro
215000 euro
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