PCR Threshold definition

PCR Threshold means the relevant threshold set out in Regulation 5(1)(a), (c) or
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PCR Threshold means the financial thresholds set out in the PCR 2015, and above which the procurement procedures set out in the PCR 2015 apply;
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Examples of PCR Threshold in a sentence

  • If a contract may be of interest to contractors from other states then this may result in a need to advertise in a manner which ensures that potential contractors from other states are aware of the opportunity, even for small value contracts or contracts under the Public Contracts Regulations 2015 (PCR) Threshold levels (as indicated below).

  • A Contract Award Notice must be published on both Contracts Finder and the Official Journal of the European Union, within the timescales set out in the PCRs for all contracts:  Over PCR Threshold values; For all contracts called-off from a DPS within 30 days of the contract award.

  • For contracts over the relevant PCR Threshold (in force at the time), the choice of purchasing procedure to be used and the decision to proceed to advertisement must be authorised in writing by the relevant Chief Officer in advance.

  • A Standstill Period must be applied to PCR Contracts if required by the Regulations, and may be applied to Large Contracts and toCall-Off Contracts from Framework Agreements over the PCR Threshold.

  • It provides a list of Works Suppliers for Contracts below the PCR Threshold for Works.

  • A Contract Award Notice must be published on both Contracts Finder and the Official Journal of the European Union, within the timescales set out in the PCRs for all contracts: 15 Over PCR Threshold values; For all contracts called-off from a DPS within 30 days of the contract award.

  • Service Director: Digital and Business Operations for all other Council contracts provided always that the value of the contract post-variation remains below the PCR Threshold.

  • All Works procurement processes where the estimated total contract value is likely to fall between £500,001 up to £4,733,252 (PCR Threshold) will be supported and carried out by the SPU using the Councils Electronic Procurement System.

  • When conducting negotiations, the following shall apply:  The negotiation must not increase the value so that it exceeds the PCR Threshold.

  • If the Contract Value is in excess of the PCR Threshold, approval to waive a competitive procurement process must be sought from the Assistant Director of Procurement and Commercial Services, in consultation with the General Counsel.

Related to PCR Threshold

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Threshold means with respect to Party B: infinity.

  • Micro-purchase threshold means $10,000, except it means—

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Threshold Percentage means 15%.

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small pur- chase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisi- tion threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsi- ble for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its docu- mented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR