United Kingdom: UK to develop new government procurement site in the event of no-deal Brexit
17 Sep 2018: European law dictates that all contract notices from UK public-sector entities whose value is above the relevant threshold must be published on the Tenders Electronic Daily (TED) website. TED, which publishes more than half a million notices each year, is the online database of the Official Journal of the European Union. Central government organisations must publish via TED all notices for the supply of products, services, and consultancy whose estimated value is at least £118,433, excluding VAT. For the wider public sector, the value threshold for OJEU publication is £181,302.