One estimate at the start determines the course of a four-month procedure.
The specialist department reports an annual value, but with options the contract runs considerably longer. The procurement office has to calculate the total value before it chooses the procedure type.
1estimateA specialist department reports the contract value for one year.
4years' termThe base term and two extension options count too.
2value limitsThe EU threshold and the municipal value limit apply side by side.
3xrestartsIf the wrong route is taken, the notice, documents and deadlines all have to be redone.
In the procurement office, 50% less review effort means this: the total value is there with its workings on day one, long before the procedure type is chosen.
The 50% reduction in review effort comes from this agent's fact sheet. The term, amount and reference number in the example are chosen to illustrate the workings.