The value of the concession contract to be taken into account in determining the procedural rules to be implemented for the award of the contract is that estimated at the time the concession notice is sent or, in cases where no such notice is provided, at the time the awarding authority initiates the award procedure.
If the value of the concession contract at the time of the award is more than 20% higher than its previously estimated value and then exceeds the European threshold set out in the notice annexed to this code, a new award procedure is implemented if the procedural rules applicable to contracts whose value exceeds this threshold have not been complied with.