Acts and Regulations

2014-93 - Goods and Services

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Price Ranges
135For the the purposes of sections 133 and 134, the applicable ranges are the following:
(a) for a procurement contract with an estimated value of $250,000 or less, a variation of 10% or $15,000, whichever is less;
(b) for a procurement contract with an estimated value greater than $250,000 and less than $1,000,000, a variation of 5% or $25,000, whichever is less;
(c) for a procurement contract with an estimated value of $1,000,000 or greater, but less than $5,000,000, a variation of 2.5% or $100,000, whichever is less;
(d) for a procurement contract with an estimated value of $5,000,000 or greater, but less than $10,000,000, a variation of 2.5% or $200,000, whichever is less; and
(e) for a procurement contract with an estimated value of $10,000,000 or greater, a variation of 2.5% or $400,000, whichever is less.
Price Ranges
135For the the purposes of sections 133 and 134, the applicable ranges are the following:
(a) for a procurement contract with an estimated value of $250,000 or less, a variation of 10% or $15,000, whichever is less;
(b) for a procurement contract with an estimated value greater than $250,000 and less than $1,000,000, a variation of 5% or $25,000, whichever is less;
(c) for a procurement contract with an estimated value of $1,000,000 or greater, but less than $5,000,000, a variation of 2.5% or $100,000, whichever is less;
(d) for a procurement contract with an estimated value of $5,000,000 or greater, but less than $10,000,000, a variation of 2.5% or $200,000, whichever is less; and
(e) for a procurement contract with an estimated value of $10,000,000 or greater, a variation of 2.5% or $400,000, whichever is less.