Glossary Term: De Minimis accepted bids and offers

The term “de minimis” refers to a value threshold below which goods are exempt from customs duties and/or taxes. All accepted Bids for which | QAPBnij | < DMATd shall be tagged as De Minimis Accepted Bids has the meaning given to that term in Annex T-1 1A.1(a). All accepted Offers for which QAPOnij.

BSC defined definition

The value established and from time to time revised and approved in accordance with Section T1.8.

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