Procurement Thresholds definition

Procurement Thresholds means the prescribed threshold values set for the supply of goods, services, works, Social and other Specific Services or concession contracts as they may be amended from time to time under the 2015 Regulations;
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Procurement Thresholds means the prescribed threshold values set for the supply of goods, services or works as they may be amended from time to time under the Regulations may be amended from time to time;
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Procurement Thresholds means the total value of all requirements for a purchase, lease, rental or hire of goods and services of a similar type. In judging whether goods, supplies or services are “of the same type”, account should be taken, for instance, of whether they would normally be ordered together and/or from the same suppliers. Threshold amounts determine the procurement method and may be periodically updated.
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Examples of Procurement Thresholds in a sentence

  • Procurement Thresholds and Methods, Procurement Solicitations and Contracts).

  • Subject to Standing Order 9 and 1.1.6, or where otherwise legally permitted in respect of proposed contracts which exceed the Procurement Thresholds, the minimum associated tendering procedures that must be applied are detailed in the Schedule.

  • Table A3.2. Procurement Thresholds and Prior Review ThresholdsProcurement MethodsProcurement ThresholdPrior Review ThresholdProcurement of Goods & Equipment (other than the cable system)International Competitive Bidding (ICB)≥US$500,000All contracts subject to prior reviewShopping<US$500,000All contracts subject to post review Direct ContractingMeet the criteria set out in para.

  • Where the procurement involves any of the following criteria the Procurement Teamand the Director must be consulted: • Where the Total Value exceeds the relevant Public Procurement Thresholds (see QSG).

  • All potential contracts above the Procurement Thresholds and Regulated procurements must comply with the general principles of equal treatment, non-discrimination, transparency and proportionality.

  • For contracts over the Procurement Thresholds a contract may be awarded in the form of separate lots and where the decision is not to award in the form of separate lots this should be explained in the procurement documents.

  • OSU may commence General and/or Best and Final Offer (BAFO) Negotiations in accordance with OSU Standards Procurement Thresholds and Methods, Procurement Solicitations and Contracts) following final scoring under either a one or two-step process.

  • Procurement Decisions subject to Prior Review by the Bank as stated in Appendix 1 to the Guidelines for Procurement: [Thresholds for applicable procurement methods (not limited to the list below) will be determined by the Procurement Specialist /Procurement Accredited Staff based on the assessment of the implementing agency’s capacity.] 1a.

Related to Procurement Thresholds

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

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • 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.

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Threshold means with respect to Party B: infinity.

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Short-Term Resource Procurement Target means, for Delivery Years through May 31, 2018, as to the PJM Region, for purposes of the Base Residual Auction, 2.5% of the PJM Region Reliability Requirement determined for such Base Residual Auction, for purposes of the First Incremental Auction, 2% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, for purposes of the Second Incremental Auction, 1.5% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, as to any Zone, an allocation of the PJM Region Short-Term Resource Procurement Target based on the Preliminary Zonal Forecast Peak Load, reduced by the amount of load served under the FRR Alternative. For any LDA, the LDA Short-Term Resource Procurement Target shall be the sum of the Short-Term Resource Procurement Targets of all Zones in the LDA.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • Mis-procurement means public procurement in contravention of any provision of Sindh Public Procurement Act, 2010, any rule, regulation, order or instruction made thereunder or any other law in respect thereof, or relating to, public procurement;

  • Procurement item means an item of personal property, a technology, a service, or a construction project.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement. Generation Interconnection Customer:

  • Monitoring Indicator means a measure of HSP performance that may be monitored against provincial results or provincial targets, but for which no Performance Target is set;

  • 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

  • Cost outlier means cases which have an extraordinarily high cost as established in 79.1(5)“f,” so as to be eligible for additional payments above and beyond the initial DRG payment.