The Procurement Oversight and Procurement Review Committees policy has been updated to reflect a systematic increase of standard procurement delegations and related procurement and financial thresholds, accounting for inflationary impacts since 2016, as follows:• Direct Review Authorities: The threshold for Direct Review by the Regional Advisory Committee on Procurement (RACP) and by the Advisory Committee on Procurement (ACP) Chairpersons has been increased from $500,000 to $700,000 (Paragraphs 47 and 53). Similarly, Direct Review by the Contracts, Assets and Procurement ...
The Procurement Oversight and Procurement Review Committees policy has been updated to reflect a systematic increase of standard procurement delegations and related procurement and financial thresholds, accounting for inflationary impacts since 2016, as follows:
• Direct Review Authorities: The threshold for Direct Review by the Regional Advisory Committee on Procurement (RACP) and by the Advisory Committee on Procurement (ACP) Chairpersons has been increased from $500,000 to $700,000 (Paragraphs 47 and 53). Similarly, Direct Review by the Contracts, Assets and Procurement Committee (CAP) Chairperson has been increased from $200,000 to $300,000 to align with standard procurement delegations (Paragraph 53). Similar increases have also been implemented for Direct Contracting, Contract Amendments and Individual Contracts (Paragraph 53).
• Delegated Procurement Authority (DPA): The Standard DPA for Resident Representatives (RRs) and Heads of Business Units (BU) is raised from $200,000 to $300,000 (Paragraph 52).
• Head of BU Procurement Authority Without CAP Review: The procurement authority for Heads of BU without CAP review is raised from $50,000 to $70,000 (Paragraph 49).
• Committee Reviews: The procurement threshold for Committee Review by RACP (max.) and by ACP (min.) for competitive procurement and amendments is raised from $2,000,000 to $2,500,000 (Paragraph 53). Ex-Ante Reviews for RACP and ACP are increased for RACP (min.) from $1,000,000 to $1,500,000, and for ACP (min.) from $2,000,000 to $3,000,000.
• Direct Contracting: Procurement thresholds for direct contracting reviews by CAP, RACP, and ACP Chairpersons are uniformly increased, with minimums and maximums adjusted to reflect higher operational flexibility.
• Asset Disposal and Income Generation: The minimum threshold for asset disposal reviewed by the CAP Chairperson has been increased from $5,000 to $7,000. Income generation activities reviewed by ACP rise from $10,000 to $15,000.