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Construction contracts bill

Tayla · 2012-03-11 23:59:48

Hi there, looking for a bit of help with this from anyone who may understand it. The exclusions are as follows: Exclusions to bill The bill has been amended to exclude further contracts from its application. These include:* where the value of the contract is less than €50,000 and one party is a state entity; * where the…

11-03-2012 11:59pm

#1
Tayla

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Hi there, looking for a bit of help with this from anyone who may understand it. The exclusions are as follows:

Exclusions to bill

The bill has been amended to exclude further contracts from its application. These include:
where the value of the contract is less than €50,000 and one party is a state entity;

where the contract is between a state authority and its private sector partner in a public-private partnership (PPP) arrangement;

where the value of the contract exceeds €200,000 but relates to a residential dwelling with a floor area not greater than 200 square metres; and

in any other case where the value of the contract is not more than €200,000.

Does that mean that the £50000 minimum value contract only applies to contracts if one is a state entity and that for a private contract the minimum is €200000?

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