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Nigerian Public Contract Tendering Bill 2020

November 13th, 2019 African News, Business, Headline, Nigerian, Politics, World comments

Nigerian Public Contract Tendering Bill 2020

By Ayo Akinfe

(1) From henceforth, all public sector contracts must be published online

(2) All contract bids must be made through an online portal

(3) All government, ministries, departments and agencies must have a contract bidding online portal

(4) All bids will be subject to review by a panel made up of civil servants, members of the judiciary and EFCC and ICPC operatives

(5) A minister, governor, commissioner, lawmaker, head of parastatal or head of agency getting involved in the contract process will be deemed statutory corruption

(6) All contracts will go through a first stage of three bids making an initial shortlist

(7) A special Contracts Appeal Court will be established to consider complaints against awards

(8) Under no circumstance will the profit on a contract exceed 30% of its total value

(9) All contracts put out for tender must include at least three comparative costs of similar awards in developing nations at the same level of sociology-economic development as Nigeria such as India, Brazil, South Africa, Indonesia, Vietnam, Mexico, Egypt, Philippines, etc

(10) Politicians awarding contracts will be deemed an act of corruption attracting statutory impeachment and a minimum sentence of five year’s imprisonment

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