Public Procurement Thresholds 2020/2021
The European Commission has released its updated public procurement thresholds that applies to Registered Social Landlords (RSLs) from 1 January 2020. Every two years, the European Commission updates the financial thresholds at which the EU Directives apply. The Public Contracts (Scotland) Regulations 2015 set out specific procedures for awarding contracts in excess of the threshold […]
Parent Company Guarantees v Performance Bonds – What Option Is Best For You?
In the current economic climate, contractor default is even more prevalent in the construction and engineering industries. Therefore, Registered Social Landlords (RSLs) should always look to protect their position when entering into construction contracts by taking active steps to guard against the risk of potential insolvency of contractors. Parent Company Guarantees v Performance Bonds – What option […]