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

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Ownership Threshold has the meaning specified in Section 2.1(a).

  • Threshold means with respect to Party B: infinity.

  • 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%.

  • Hurdle Amount for any period during a calendar year means that amount that results in a 5% annualized internal rate of return on the Net Asset Value of the Partnership Units outstanding at the beginning of the then-current calendar year and all Partnership Units issued since the beginning of the then-current calendar year, taking into account the timing and amount of all distributions accrued or paid (without duplication) on all such Partnership Units and all issuances of Partnership Units over the period and calculated in accordance with recognized industry practices. The ending Net Asset Value of the Partnership Units used in calculating the internal rate of return will be calculated before giving effect to any allocation or accrual to the Performance Allocation and any applicable stockholder servicing fee expenses, provided that the calculation of the Hurdle Amount for any period will exclude any Partnership Units repurchased during such period, which Partnership Units will be subject to the Performance Allocation upon such repurchase as described in Section 5.2(c).