Part 6: Below-threshold contracts Section 87: Regulated below-threshold contracts: notices
A contracting authority conducting a below-threshold procurement is not required to advertise the contract in question, but may choose to do so. Subsection (1) requires that if a contracting authority intends to advertise a procurement publicly, it must first publish a "below-threshold tender notice", as defined in subsection (5).
	Subsection (2) disapplies the obligation in subsection (1) where the contracting authority is advertising only to a closed or restricted group of suppliers. This might include those who are part of a framework or dynamic market.
	Subsection (3) requires that after entering into a notifiable below-threshold contract, a contracting authority must publish a contract details notice, the requirements for which will be set out in regulations made under section 95 (Notices, documents and information: regulations and online system) as specified in subsection (5). This must be done as soon as reasonably possible after entering into the contract.
	Subsection (4) sets out the thresholds over which a contract becomes a "notifiable below-threshold contract", namely £12,000 for central government authorities and £30,000 for all others. As elsewhere in the Act, these figures are inclusive of VAT.
	Subsection (5) describes a below-threshold tender notice. This notice must state that the contracting authority intends to award a contract, and include any other information specified in regulations made under section 95 (Notices, documents and information: regulations and online system).
	Subsection (6) says that if the contracting authority uses a below-threshold tender notice to impose any time limits for the purposes of the procurement process they must be both reasonable and the same for all suppliers.
	Subsection (7) allows a Minister of the Crown or the Welsh Ministers to make regulations amending the thresholds specified in subsection (4), for example to take account of inflation.