Procurement Thresholds definition

Procurement Thresholds means the prescribed threshold values set for the supply of goods, services, works, Social and other Specific Services or concession contracts as they may be amended from time to time under the 2015 Regulations;
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Procurement Thresholds means the total value of all requirements for a purchase, lease, rental or hire of goods and services of a similar type. In judging whether goods, supplies or services are “of the same type”, account should be taken, for instance, of whether they would normally be ordered together and/or from the same suppliers. Threshold amounts determine the procurement method and may be periodically updated.
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Procurement Thresholds means the prescribed threshold values set for the supply of goods, services or works as they may be amended from time to time under the Regulations may be amended from time to time;
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Examples of Procurement Thresholds in a sentence

  • Procurement Decisions subject to Prior Review by the Bank as stated in Appendix 1 to the Guidelines for Procurement: [Thresholds for applicable procurement methods (not limited to the list below) will be determined by the Procurement Specialist /Procurement Accredited Staff based on the assessment of the implementing agency’s capacity.] 1a.

  • Appeals related to the OSU solicitation process and award decisions and actions shall be pursuant to OSU Standards Procurement Thresholds and Methods, Procurement Solicitations and Contracts).

  • OSU may commence General and/or Best and Final Offer (BAFO) Negotiations in accordance with OSU Standards Procurement Thresholds and Methods, Procurement Solicitations and Contracts) following final scoring under either a one or two-step process.

  • Procurement Decisions subject to Prior Review by the Bank as stated in Appendix 1 to the Guidelines for Procurement: [Thresholds for applicable procurement methods (not limited to the list below) will be determined by the Procurement Specialist /Procurement Accredited Staff based on the assessment of the implementing agency’s capacity.] Public Disclosure Authorized1a.

  • Considering the complexity of the project and the weak procurement and management capacity at the MoESTD, the risk rating is assessed as “high.” The procurement method and prior review thresholds applicable to the project will be based on the ECA Regional Maximum Procurement Thresholds, effective January 2, 2014 (revised February 10, 2015).Public Disclosure Authorized Table 1.

  • Procurement Thresholds PROCUREMENT METHOD THRESHOLDSPRIOR REVIEW THRESHOLDSICB: =/>EUR 900,000 (Goods); =/>EUR 4.5M(Works)AllNCB: <EUR 900,000 (Goods); <EUR 4.5M (Works)First contract for Goods; First contract for Works, if anyShopping (SH): <EUR 90,000First contract for Goods; First contract for Works, if anyQCBS: =/>EUR 265,000=/> EUR 450,000CQS: <EUR 265,000First contractSingle Source Selection – none, in accordance with paras.

  • For any procurements for goods and services which exceed the EU Procurement Thresholds, (currently £173,934 (200,000 Euros*) or works exceeding£4,348,350 (5 million Euros*)) the Council has to follow full EU Public Procurement Directives which contain additional procedures.

  • EU Procurement Law shall be complied with in respect of all Contracts having a value that exceeds the relevant EU threshold for the Works, Supplies or Services being procured (see EU Procurement Thresholds).

  • Where it is proposed to establish a Framework Agreement, and the potential value of all orders that could be placed under it may exceed the relevant value in the EU Procurement Thresholds (see section 5 for determining Contract values) then its term must be limited to 4 years or less pursuant to EU Procurement Law.

  • Considering the complexity of the project and the weak procurement and management capacity at the MoESTD, the risk rating is assessed as “high.” The procurement method and prior review thresholds applicable to the project will be based on the ECA Regional Maximum Procurement Thresholds, effective January 2, 2014 (revised February 10, 2015).


More Definitions of Procurement Thresholds

Procurement Thresholds means the prescribed financial thresholds from 1 January 2024 of £5,372,609 (incl. VAT) (works contracts), £214,904 (incl. VAT) (supplies/services contracts) and £663,540 (incl. VAT) (Schedule 3 service contracts) as such contracts are defined or referenced in the Regulations.
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Related to Procurement Thresholds

  • 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.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Threshold means with respect to Party B: infinity.

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

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

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $10,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Monitoring Indicator means a measure of HSP performance that may be monitored against provincial results or provincial targets, but for which no Performance Target is set;

  • 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