My view 500K is too high. You will just get regulatory arbitrage. They will
make two contracts for 250K, and that means no scrutiny.

The level of contracts needs to be set quite low, in order to prevent games

Nick

On Mon, Dec 7, 2009 at 2:00 PM, Owen Blacker <[email protected]> wrote:

> The meaning of "trivial" is indeed price-based, but I think it's a lot
> higher than £5k. Iirc, it's sth like €500k, but my memory could
> be making that up…
>
> 2009/12/7 Nick Leaton <[email protected]>
>
> The question, what's trivial.
>>
>> My view is that it should be set at something like 5K.
>>
>> Now that might mean its 'expensive' to put on line. However, if there is a
>> standard, then there aren't that many software providers to government.
>>
>> With a standard, it doesn't take many suppliers to implement the standard,
>> for it to be available.
>>
>> Nick
>>
>> On Mon, Dec 7, 2009 at 1:42 PM, Alexander Harrowell <
>> [email protected]> wrote:
>>
>>>  On Monday 07 December 2009 12:48:38 Nick Leaton wrote:
>>>
>>> > The really interesting bit is missing. All contracts, and all costs
>>> should
>>>
>>> > be online. That would really shake things up.
>>>
>>> >
>>>
>>> > Contracts are straightforward since they are text.
>>>
>>> >
>>>
>>> > Costs need some sort of simple XML to publish. Given a spec for what is
>>>
>>> > needed, it makes it easier to ask for it to be produced.
>>>
>>> >
>>>
>>> > Nick
>>>
>>> All nontrivial contracts have to be written out in the Official Journal
>>> of the EU, which I think is online somewhere...
>>>
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>>
>>
>> --
>> Nick
>>
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-- 
Nick
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