What is Over OJEU? Definition
What is Over OJEU? Definition
What is Over OJEU? What does it mean for a project to be “over OJEU”? In the European Union, all public sector contracts that are above a certain value must be advertised in the Official Journal of the European Union (OJEU). The OJEU is the EU’s official gazette, and it publishes calls for tenders, awards of contracts, and other notices from public authorities across the EU. When a project is “over OJEU”, this means that the contract value is above the threshold at which point it must be advertised in the OJEU. In order to be able to bid on an over OJEU project, your company must be registered in the OJEU. If you’re looking to bid on an over OJEU project, read on for more information about what this designation means and what you need to do in order to be eligible to bid.
What is the Over OJEU?
The Over OJEU is the process of procuring goods or services that exceed the value of the European Union (EU) public procurement thresholds. This can be done through either a direct award or a negotiated procedure. The value of the EU public procurement thresholds are:
* For supplies and services contracts: €135,000
* For works contracts: €5,186,000
When procuring goods or services above these values, contracting authorities must follow the rules set out in the Over OJEU Regulation. This includes advertising the contract in the Official Journal of the European Union (OJEU), as well as carrying out a selection procedure in accordance with EU law. The aim of these requirements is to ensure that all contracting authorities procure goods and services in a fair and transparent manner.
What is the Process of Applying for the Over OJEU?
When applying for the Over OJEU, there are a few steps that need to be followed in order to ensure a smooth process. First, potential applicants will need to identify which specific contracting authorities they wish to apply to. Next, applicants will need to gather all of the required documentation, including any relevant experience or qualifications. Once everything is in order, applicants can then begin filling out the online application form. Finally, once the application has been submitted, it will be up to the contracting authority to review and determine if the applicant is eligible for the Over OJEU.
What are the Benefits of Applying for the Over OJEU?
There are many benefits to applying for the Over OJEU. For one, it can help streamline the procurement process by ensuring that all potential suppliers are given a fair opportunity to bid on contracts. Additionally, it can help level the playing field for small and medium-sized enterprises (SMEs), which may not have the resources or knowledge to navigate the EU’s complex procurement rules.
The Over OJEU also allows contracting authorities to procure goods and services from outside the EU, which can lead to cost savings and greater innovation. And finally, it provides flexibility in the procurement process, allowing authorities to tailor the procedure to their specific needs.
How to Apply for Over OJEU
If you’re looking to procure goods or services that exceed the EU thresholds, you’ll need to follow the Over OJEU process. Here’s a step-by-step guide on how to apply for Over OJEU:
1. Firstly, you’ll need to identify the relevant contracting authority. This can be done by searching the EU’s Tenders Electronic Daily (TED) database.
2. Once you’ve found the contracting authority, you’ll need to check whether they have published a contract notice in the Official Journal of the European Union (OJEU).
3. If a contract notice has been published, you’ll need to register your interest in the tender by completing the appropriate paperwork and submitting it to the contracting authority.
4. The contracting authority will then assess all of the submissions and invite those who they deem to be eligible to participate in the tender process.
5. From here, it’s simply a case of preparing your tender submission in accordance with the requirements set out by the contracting authority and submitting it before the deadline.
6. The contracting authority will then award the contract to the successful bidder.
Conclusion
Over OJEU is the process of procuring goods or services that exceed the value of the European Union’s Official Journal of the European Union (OJEU) threshold. This can be done through a number of methods, including direct award, open procedure, and restricted procedure. While Over OJEU procurement may seem complicated, it can actually be quite simple if you know what you’re doing. With our guide, you’ll be an expert in no time.
