THRESHOLDS
IN APPENDIX I OF THE GPA 2012 AS EXPRESSED
IN NATIONAL CURRENCIES FOR 2024‑2025
Singapore
Pursuant to
the agreed procedures (_GPA/1, Annex 3), delegations have been invited to notify
their respective threshold values in national currencies.
The
information notified by Singapore for the period 2024-2025 is reproduced below.
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1 THRESHOLDS IN APPENDIX I TO THE GPA 2012 AS EXPRESSED IN NATIONAL
CURRENCIES
1.1 Central Government Entities (Annex 1)
|
|
Threshold Value in Special Drawing Right (SDR)
|
Threshold Value in
Singapore Dollar (SGD)
|
|
Goods_
|
130,000
|
238,303
|
|
Services
|
130,000
|
238,303
|
|
Construction services
|
5,000,000
|
9,165,500
|
1.2 Other Entities (Annex 3)
|
|
Threshold Value in SDR
|
Threshold Value in SGD
|
|
Goods
|
400,000
|
733,240
|
|
Services
|
400,000
|
733,240
|
|
Construction services
|
5,000,000
|
9,165,500
|
2 Period of validity for the threshold
The threshold levels
provided above will apply to the period starting
on 1 January 2024 and ending on 31
December 2025.
3 Method of calculation
The calculation of the thresholds in national currencies is based on the daily average exchange rates of the
Singapore Dollar (SGD) in terms of the Special Drawing Right (SDR) over the two-year period from October 2022 to September
2023 (SDR 1 = SGD 1.8331).
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