Minor Value definition

Minor Value means a monetary value which is not in excess of the monetary thresholds set for any approving authority by the Bureau;
Minor Value means the monetary amount specified as the minor value in Schedule 1;
Minor Value means an amount of money up to a maximum limit for the procurement of goods, works and services of a minor nature, to be determined each year by the Minister;

Examples of Minor Value in a sentence

  • Variation to quantities of Minor Value Item:The limit for varying quantities for minor value items shall be 100% (as against 25% prescribed for other items).

  • Variation to quantities of Minor Value Item: The limit for varying quantities for minor value items shall be 100% (as against 25% prescribed for other items).

  • Procurement for contract values below these thresholds is conducted in accordance with the Regulation on Minor Value Public Procurement (Government Decision No. 148 of February 14, 2008).

  • Overall on average the NFQR survey found that 60% of NF clients with depression reported an improvement with treatment.

  • Procurement Methods 47 Open Bidding (OB) 47 Bidding through Universal Commodity Exchange (UCE) 47 Request for Quotations 48 Single Source procurement 48 Minor Value Contracts (MVC) 48 Bidding documents 49 C.


More Definitions of Minor Value

Minor Value means an amount of money up to a maximum limit for the
Minor Value means limit for the procurement of services specified in the Second Schedule to these Regulations or as may be determined by the Minister;
Minor Value means an amount of money up to a maximum limit for the procurement of goods or works of a minor nature as specified in Third Schedule to these Regulations or as determined each year by the Minister;
Minor Value means an amount of money up to a maximum limit for the procurement of goods, works or consultancy of a minor nature;
Minor Value means a monetary value which is not in excess of the monetary thresholds set for any approving authority by the Bureau; “monetary threshold” means the value limit in Naira set by the Bureau outside of which an approving authority may not award a procurement contract;
Minor Value means an amount of money up to a maximum limit for the procurement of goods or works of a minor nature as specified in Appendix 2 to these Regulations.
Minor Value means a monetary