Low Value Purchase definition
Low Value Purchase. (LVP) means the acquisition of deliverables having an estimated acquisition value as stated in Schedule “E” - Thresholds of this Policy (including non- refundable HST);
Low Value Purchase means the procurement of Goods, Services or Construction valued at less than $10,000;
Low Value Purchase. (LVP) means the acquisition of deliverables having an estimated acquisition value as stated in Appendix “E” - Thresholds of this Policy (including all applicable taxes);
More Definitions of Low Value Purchase
Low Value Purchase means a purchase for Goods, Services or Construction as per the thresholds stated in Schedule B of this policy that are not covered by an existing supply agreement or qualified supplier roster or available through the City’s existing materials inventory;
Low Value Purchase means a purchase of Goods or Services not covered under an existing Contract and having a purchase value up to the limit as stated in Schedule “C” of this By-law;
Low Value Purchase. (LVP) means a purchase for goods, service(s) or construction, which is not included as part of an existing contract and is not available out of the Owner’s inventory, and which authority has been delegated to Town staff up to the amount stated in Schedule “D” Thresholds of this by-law (excluding taxes), except for the position(s) stated in Schedule “E” Position Exceptions.
Low Value Purchase or “LVP” means a Purchase of Goods, Services, or Construction which is not included as part of an existing Contract and is not available out of the Town’s inventory. LVPs shall not exceed the amount stated in Schedule “D” - Bid Thresholds of this by-law;
Low Value Purchase. (LVP) means the acquisition of deliverables having an estimated acquisition value as stated in the procurement policy, under “Schedule “E” – Procurement Policy Thresholds (including non-refundable HST)”;
Low Value Purchase means a purchase of Goods or Services not covered under an existing Contract and having a purchase value up to the limits stated in Schedule “B” of this by-law.
Low Value Purchase means a purchase of Goods, services or Construction which is random in nature, is not included as part of a Price Agreement, is not available out of the Corporation’s inventory and does not exceed a value of $1,000.00;