QM Threshold definition

QM Threshold means a level of costs in relation to a modification to the Operating Constraints determined in accordance with XXX’x Qualifying Modification Criteria;
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QM Threshold means a level of costs in relation to a modification to the Operating Constraints determined in accordance with ORR’s Qualifying Modification Criteria;
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Examples of QM Threshold in a sentence

  • XXX may at any time issue criteria: specifying how the QM Threshold for any Qualifying Modification shall be determined, which may vary for different types of Qualifying Modification; and setting out any guidance in relation to the funding of modifications to the Operating Constraints.

Related to QM 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.

  • 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

  • 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