What are the procurement thresholds?
The type of good or service and dollar value (threshold) of a purchase determines the purchasing process to be used by an agency.Refer to the Purchasing Overview for tables listing the procurement thresholds for goods and services, building and construction, and roads and bridges. Included against each threshold is a summary of the associated mandatory procurement procedure that government buyers must follow.Refer to the Treasurer’s Instructions 1102 (goods and services) and 1202 (building and construction/roads and bridges) for the thresholds in relation to free trade agreements, to which Tasmania is a party. Free trade agreements only apply where the procurement has an estimated dollar value equal to or in excess of the thresholds set out in the Instructions. Note: The thresholds are reviewed every two years.
