Turkey: Thresholds in Public Procurement Law of Turkey Increased

30 Jan 20: The monetary limits and threshold values are determined in Article 8 of the Public Procurement Law No. 4734 and updated in accordance with the annual rate of change values published by the Turkey Statistical Institute (“TSI”). All transactions of the procurement process such as public procurement announcement dates and rules, domestic bidder advantage and rules of qualification are shaped according to the range of the approximate cost amount corresponding to the threshold values and monetary limits table.