In: Economics
Answer 1 :-
The Palestinian procurement law defines 3 types of contracts and their financial ceiling As given below :-
1) Service Contracts
2) Supply Contracts
3)Work Contracts
Note : No specific definition of the nature of these contracts are given within the act .( Only the heads and subheads for each type of contract is mentioned)
Answer 2 :-
The financial ceiling for each of the contract is given below:-
1) Article 53 - Service Contracts :-
a) Competitive negotiated procedure without Publication- >60000€ <100000€
b) International restricted tender- 300000€
2) Article 54- Supply Contracts :-
a) Competitive negotiated procedure without Publication-
>60000€ <100000€
b) Open tender procedure published in the program area - 100000€ < 300000
c) International open tender - 300000€
3) Article 55 - Work contracts:-
a) Competitive negotiated procedure without Publication - 60000€ <300000€
b) Open tender procedure published in the program area - 3000005000000€
c) International open tender - 5000000€
Note :- For all the contracts below the value of 60000€, the beneficiaries need to refer the national legislation and the internal rules of the organisation.