THRESHOLDS IN APPENDIX I TO THE GPA 2012 AS EXPRESSED
IN NATIONAL CURRENCIES FOR 2023-2024
Iceland
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 Iceland for the
period 2023-2024 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 Icelandic Krona (ISK)
|
Applied threshold in domestic regulation in Icelandic Krona (ISK)
|
|
Goods
|
130,000
|
23,518,625
|
20,866,000
|
|
Services
|
130,000
|
23,518,625
|
20,866,000
|
|
Construction
Services
|
5,000,000
|
904,562,500
|
808,084,000
|
1.2 Sub-central Government Entities (Annex 2)
|
|
Threshold value in SDR
|
Threshold in value in ISK
|
Applied threshold in domestic regulation in ISK
|
|
Goods
|
200,000
|
36,182,500
|
32,247,000
|
|
Services
|
200,000
|
36,182,500
|
32,247,000
|
|
Construction Services
|
5,000,000
|
904,562,500
|
808,084,000
|
1.3 Other Entities (Annex 3)
|
|
Threshold value in SDR
|
Threshold value in ISK
|
Applied threshold in domestic regulation in ISK
|
|
Goods
|
400,000
|
72,365,000
|
64,640,000
|
|
Services
|
400,000
|
72,365,000
|
64,640,000
|
|
Construction
Services
|
5,000,000
|
904,562,500
|
808,084,000
|
2 Period of validity for the threshold
The
threshold levels provided above will apply to the period starting on 1 January 2023 to 31 December 2024.
3 Method of calculation
The calculation of the threshold in national currencies is based on
the daily average exchange rates of the Iceland
Krona (ISK) in terms of the Special Drawing Right (SDR) over the two year
period from November 2020 to October 2022 (SDR 1 = ISK 180.9).
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