Low Value Purchases definition

Low Value Purchases means any Procurement of Deliverables with a value of less than $25,000.00, except where the Procurement is made through an existing Standing Offer or Qualified Supplier Roster.
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Low Value Purchases means any procurement of deliverables with a value below the Low Value Procurement Threshold set out in Schedule B, except where the procurement is made through an existing Standing Offer or Preferred Supplier Roster.
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Low Value Purchases means any Procurement of Deliverables with a value of less than
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Examples of Low Value Purchases in a sentence

  • The Director may authorize specific individuals within the Division to make Low Value Purchases and may assign specific spending authority limits.

  • Addition- ally, previous approaches already manually reverse-engineered the complex addressing function for specific Sand Bridge processors [HWH13, Sea15b].

  • For Low Value Purchases between $10,000.00 and $25,000.00, Divisions are required to obtain three written quotes.

  • For Low Value Purchases under $10,000.00, Divisions are encouraged to obtain and document competitive quotes to ensure that they obtain Best Value.

  • POLICY TITLEPurchasing PolicyEFFECTIVE DATE:December 1, 2018PAGE NUMBER14 of 36 Directors are delegated the authority to issue departmental Purchase Orders for Low Value Purchases.

  • POLICY TITLEPurchasing PolicyEFFECTIVE DATE:December 1, 2018PAGE NUMBER17 of 36 If a Division anticipates making multiple Low Value Purchases of the same Deliverables and the total value of those purchases may exceed $25,000.00, the Division must contact Materials Management to discuss the possibility of setting up a Standing Offer or Qualified Supplier Roster.

  • If a Division anticipates making multiple Low Value Purchases of the same deliverables and the total value of those purchases may exceed $25,000, the Division must contact Materials Management to discuss the possibility of setting up a Standing Offer or Qualified Supplier Roster.

  • Documentation of Low Value Purchases should be sent to the applicable Procurement Support Representative or Financial Support Representative and be accompanied by the successful bid, unsuccessful bids and/or evidence that more than one potential supplier was invited to bid.

  • For Low Value Purchases under $10,000, Divisions are encouraged to obtain and document competitive quotes to ensure that they obtain best value.

  • All documentation related to Low Value Purchases must be retained by the Section Managers and may be subject to review in accordance with this policy.


More Definitions of Low Value Purchases

Low Value Purchases means purchases of low value deliverables under the threshold set out in Schedule C of the Procurement Policy.
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Related to Low Value Purchases

  • Book Value Per Share is the Bank’s equity capital (excluding FAS 115 and FAS 158 adjustment and Extraordinary Items) at the end of the Plan Year divided by the Plan’s number of Phantom shares of one million three hundred sixty thousand (1,360,000).

  • Taxable value per membership pupil means each of the following divided by the district’s membership:

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to (a) the aggregate principal balance of all Portfolio Investments acquired by the Company prior to such date minus (b) the aggregate principal balance of all Portfolio Investments repurchased by the Parent or an Affiliate thereof prior to such date.

  • Half-value layer (HVL) means the thickness of specified material which attenuates the beam of radiation to an extent such that the exposure rate is reduced to one-half of its original value. In this definition the contribution of all scattered radiation, other than any which might be present initially in the beam concerned, is deemed to be excluded.

  • RI Initial Value means, in respect of a Reference Item, the Initial Closing Price.

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Net Asset Value per Unit means the Net Asset Value divided by the number of Units outstanding on the date of calculation.

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • VWAP Purchase Share Volume Maximum means a number of shares of Common Stock traded on the Principal Market during normal trading hours on the VWAP Purchase Date equal to: (i) the VWAP Purchase Share Estimate, divided by (ii) the VWAP Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Retail value of a prize means:

  • SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Alternate Adjusted Regular Purchase Share Limit means, with respect to a Regular Purchase made pursuant to Section 2(a) hereof, the maximum number of Purchase Shares which, taking into account the applicable per share Purchase Price therefor calculated in accordance with this Agreement, would enable the Company to deliver to the Investor, on the applicable Purchase Date for such Regular Purchase, a Regular Purchase Notice for a Purchase Amount equal to, or as closely approximating without exceeding, One Hundred Fifty Thousand Dollars ($150,000).

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).