Standing Financial Instructions
NHS procurement is not only governed by procurement regulations at a European and national level but also a local level via our Standing Financial Instructions.
Our procurement procedures are governed by European, national and local regulations.Our standing orders and standing financial instructions
The Trust’s Standing Orders and Standing Financial Instructions require that:
- A minimum of 2 written quotations for goods/services from £5,000 to £15,000
- A minimum of 3 formal quotations for goods / services from £15,000 to £50,000
- All requirements over £50,000 must follow a competitive tender process.
We operate to certain rules including meeting best value, being consistent, operating in a transparent manner, the assurance of fairness in awarding public contracts and comply with all legal requirements.
Public Contracts Regulations
Northumbria Healthcare NHS Foundation Trust procures goods and services in-line with current European Union (EU) standards and regulations. Current EU thresholds are:
- £164,176 (goods and services)
- £4,104,394 (works)