Knowledge Centre
Procurement Method Threshold 1
A Procuring Entity (PE) sought guidance as follows:
- Reference is made to the competition thresholds outlined in Circular #5 dated June 09, 2025.
- Clarification is being sought pertaining to the determination of the appropriate method of procurement based on the internal estimate. Example, for the procurement of works, if the internal estimate is $4.9 million dollars, is it appropriate to utilise the single-source procurement method? Should consideration be given to the allowable +/- 15% variance range, which may take it over the single source procurement threshold? Finally, where a quote is solicited, and it falls within a higher competition threshold than the procurement method that was utilised, please advise us how to treat with same?