Procurement Threshold definition
Procurement Threshold means a set of Procurement Value thresholds to determine which Procurement Method applies. Departments may not divide a single project, purchase, or transaction into more than one project, purchase, or transaction for the purpose of meeting a lower Procurement Threshold.
Procurement Threshold means the published financial threshold applying to in scope supplies, services and works contracts and concession contracts as identified in the Public Procurement Legislation.
Procurement Threshold means a limited value of money that is set in accordance with the provisions of this Act for a procuring entity to expend in a particular procurement method;