Council Directive 80/767/EEC of 22 July 1980 adapting and… Article 3
Council Directive 80/767/EEC of 22 July 1980 adapting and… Article 3
Article 3
The value of 200000 European units of account laid down in Article 5 (1) (a) of Directive 77/62/EEC shall be replaced by 140000 European units of account in respect of the contracting authorities covered by this Directive.
After consulting the Advisory Committee for Public Contracts, the Commission shall decide on any adjustments to be made to the latter value on the basis of the procedures adopted for determining the value in European units of account of the amount given in Article I (1) (b) of the Agreement.
The adjusted values shall be published in the Official journal of the European Communities.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04
CitationArticle 3 of Council Directive 80/767/EEC of 22 July 1980 adapting and… (LawPlayer, data as of 2026-07-04)