OBS_VALUE: Threshold for PP tender is SGD 90,000 (approx. USD 65,433.00 as on November 2022). A tender can be open, selected or limited. If the value of the contract is up to (but not exceeding) SGD 90,000 there can be an open or limited quotation. For a contract up to SGD 6,000 (approx. USD 4,362 as on November 2022) the public authority can buy directly from suitable suppliers or off-the-shelf, provided the prices reflect fair market value. Also, the GP Order provides for financial thresholds, which a procurement, in relation to certain prescribed States (including the United States, the European Union, Japan, Norway, Israel, Switzerland), must cross before it is subject to the Procurement Act. The applicable financial threshold varies depending on factors such as (i) the identity of the contracting authority; (ii) the goods and services which are the subject of the procurement; (iii) the State to which the relevant procurement relates.