Which of the following best explains 'threshold values'?
A) An agreement to establish contractual payments.
B) Minimal contractual terms such as the quantities envisaged.
C) Minimum order quantities for public procurement.
D) Purchasing volumes beyond which public institutions are obliged to follow European legislation when making purchasing decisions.

Question

Which of the following best explains 'threshold values'? 
A) An agreement to establish contractual payments. 
B) Minimal contractual terms such as the quantities envisaged. 
C) Minimum order quantities for public procurement. 
D) Purchasing volumes beyond which public institutions are obliged to follow European legislation when making purchasing decisions.

Quizplus · Accepted Answer

Threshold values refer to purchasing volumes beyond which public institutions are obliged to follow European legislation when making purchasing decisions.

Which of the Following Best Explains 'Threshold Values