Procurement terminology: what are ‘small’ lots?

In public procurement, lots, and in particular ‘small lots’ are often an area of much confusion. What is a small lot and what does the small lot threshold mean? Hopefully this SMALL blog entry will answer a LOT of your questions.

SME access by splitting contracts into lots

In 2014 the European Union adopted new procurement Directives for Public sector, Utility sector and Concessions contracts.  With the reform of the Directives they hope to achieve better access to public contracts for SMEs. One of the measures set into place to do this is the rule encouraging contracting authorities to split contracts into lots. […]