Examples of Contract Value Threshold in a sentence
Selection decisions subject to Prior Review by Bank as stated in Appendix 1 to the Guidelines Selection and Employment of Consultants: Table 2: Thresholds for Consultants Selection Methods and Prior ReviewExpenditure Category Procurement Method Contract Value Threshold foruse of selection method (US$)Contracts Subject to Prior Review (US$ millions) Consulting Firms NOTE: Contracts selected on basis of CQS should not exceed US$200,000 equivalent.
Contract Value Threshold Internal: Internal contract value thresholds are contract values above or below which specific procedures apply.
All terms of reference for consultants’ services, regardless of contract value, shall also be subject to the World Bank’s prior review.Table 2: Thresholds for Procurement Methods Expenditure Category Contract Value (Threshold) (US$) Procurement Method Contract Subject Review to Prior 1.
Selection of Consultants Prior Review Threshold: Selection decisions subject to Prior Review by the World Bank as stated in Appendix 1 to the Guidelines Selection and Employment of Consultants: Expenditure Category Contract Value (Threshold) US$ (‘000) Procurement Method Contracts Subject to Prior Review 3.
Prior Review Threshold: Procurement Decisions subject to Prior Review by the Component 3.1.1 Management as Expenditure Category Contract Value Threshold (US$’000) Procurement Method Goods < 100 Shopping Works < 200 Shopping Prequalification.
Three-Tier Contract Value Threshold System to allow for Priority Market Access by National or Regional supplier.
The Contract Value (Threshold) is a reference; depending on the risk of each activity, it could be different and will be defined in the Procurement Plan.
Expenditure Category Procurement Method Contract Value Threshold For use of Method (US$)Contracts Subject to Prior Review (US$)1.
Table 5: Thresholds for Procurement Methods and Prior ReviewExpenditure Category Contract Value (Threshold) Procurement Method Contracts/Processes Subject to Prior Review Goods, Works and Non-Consultancy >=US$1,000, 000 ICB All contracts over US$600,000 equivalent.
The Contract Administration Team uses a chart, which is known as the Project Controls Thresholds Guide or the Construction Services Contract Value Threshold chart, based on information supplied by the Engineering and Project Teams.