Government Procurement Act 2001

In this part:

means a procurement contract with a total consideration, or estimated total consideration, of at least the amount mentioned in subsection (2) (the consideration amount); and

Contract includes a contract as amended (see dict).

includes—

a standing-offer arrangement; and

a contract entered into under a standing-offer arrangement; but

does not include a procurement contract of a kind prescribed by regulation.

For this section, the consideration amount is—

for a standing-offer arrangement—any amount; or

for any other procurement contract (including a contract entered into under a standing-offer arrangement)—the amount prescribed by regulation.