Approval Thresholds. Only material included in the above list of Allowable Material may be procured under any individual task orders under this contract. No material with a unit cost of $150,000.01, or greater, without COR and KO approval, shall be procured under this contract. No procurement from a single source with a total value—the total sum of all items—of $750,000.00 or greater may be procured under this contract. For procurements (excluding software licenses) with a total value of $10,000.00 and below, no prior COR concurrence or Contracting Officer approval is required. For procurements (excluding software licenses) with a total value between $10,000.01 and $150,000.00, prior COR concurrence is required. For procurements with a total value between $150,000.01 and $750,000.00, both COR concurrence and Contracting Officer approval is required prior to purchasing the material. If the COR concurs with the request, the COR will provide the request for approval to the Contracting Officer. The Contracting Officer will provide notification of disapproval or approval to the COR and Contractor. CLAUSES INCORPORATED BY FULL TEXT 252.225-7993 PROHIBITION ON PROVIDING FUNDS TO THE ENEMY (DEVIATION 2015- O0016)(SEP 2015)
Approval Thresholds. 1. For procurements of any items with a total value, $10,000.00 and below no COR or KO approval is required.
Approval Thresholds. The Operator and the Technical Services Provider shall establish budget limits for each Joint Venture individually and/or for the Services jointly in order to identify thresholds for values of bids, contract values etc. above which a review and approval of the Technical Services Provider's procurement strategy, bidders list and contract award is to be performed by the Operator.
Approval Thresholds. Except as set forth subsection (f), below, decisions of the Management Committee will be taken by the simple majority of all Managers.
Approval Thresholds. Whenever approval of the Member Committee of Series One is required pursuant to Section 9.3(a), such approval shall require the affirmative vote of Series One Members representing a Supermajority in Interest; provided, however, that, with respect to Member Committee approval under Sections 9.3(a)(ii), (iv), (vi), or (vii), such approval shall require the affirmative votes of Representatives of Series One Members holding not less than 90% of the total Series One Percentage Interest; and with respect to Member Committee approval under Section 9.3(a)(ix) and (xii), such approval shall require the affirmative votes of Representatives of Series One Members holding 100% of the Series One Percentage Interest; and with respect to Member Committee approval under Section 9.3(a)(xv) and Section 9.3(a)(xvi), such approval shall require the affirmative votes of Representatives of Series One Members holding not less than a Majority in Interest (excluding the PC Member for such purposes of such calculation). Whenever approval of the Member Committee of Series Two is required pursuant to Section 9.3(b), such approval shall require the affirmative vote of Series Two Members representing a Supermajority in Interest; provided, however, that with respect to Member Committee approval under Section 9.3(b)(v), such approval shall require the affirmative votes of Representatives of Series Two Members representing 100% of the Series Two Percentage Interest; and with respect to Member Committee approval under Section 9.3(b)(vii) and Section 9.3(b)(viii), such approval shall require the affirmative votes of Representatives of Series Two Members representing not less than a Majority in Interest (excluding the PC Member and its Affiliates for such purposes of such calculation). All determinations of a Member Committee are at the sole and absolute discretion of the Member Committee and the Representatives on such Member Committee.
Approval Thresholds. For procurements with a total value of $10,000.01 and below, no prior COR concurrence or Contracting Officer approval is required. For procurements with a total value between $10,000.01 and $150,000.00, prior COR concurrence is required. For procurements with a total value between $150,000.01 and $750,000.00, both COR concurrence and Contracting Officer approval is required prior to purchasing the materiel. If the COR concurs with the request, the COR will provide the request for approval to the Contracting Officer. The Contracting Officer will provide notification of disapproval or approval to the COR and Contractor.
Approval Thresholds. In determining the dollar value of a transaction involving a currency other than Hong Kong dollars (“HK$”), or in the case of a non-cash transaction or transaction involving a currency other than HK$, the HK$ equivalent shall apply.
