Australian Capital Territory Numbered Regulations Australian Capital Territory Numbered Regulations(1) The following procurement proposals of territory entities must be reviewed by the board:
(a) a procurement proposal that has a total estimated value of $5 million or more, unless the proposal is covered by an endorsed strategic procurement plan;
(b) a procurement proposal of a territory entity (other than an administrative unit) that has a total estimated value of $1 million or more, unless the proposal is covered by an endorsed strategic procurement plan;
(c) a procurement proposal in relation to information and communications technology that includes an element of system development or redesign and has a total estimated value of $1 million or more;
(d) a disposal that has a total estimated value of $1 million or more.
(2) In this section:
"endorsed strategic procurement plan" means a procurement plan that—
(a) states that it applies to separate procurement proposals, or activities, of a stated kind; and
(b) has been endorsed by the board as a strategic procurement plan.