45454000 - Restructuring work

CPV code 45454000 in the EU Common Procurement Vocabulary refers to Restructuring work. It sits at level 4 of the CPV hierarchy as a category within the 45 division. This code is nested directly under 45450000, narrowing the broader category into the specific area of restructuring work. It is further divided into 1 direct sub-code, each refining the scope of restructuring work into more specific goods, services or works. Contracting authorities across the EU use 45454000 in TED notices and national procurement portals to signal that a tender relates to restructuring work.