Senate Amends Procurement Act, Jerks Mobilization fee to 30 percent

By Henry Umoru, Abuja
The Senate yesterday jerked mobilization fee for  local contractors from the present 15 percent to 30 percent, just as it agreed that contracts should be processed within two weeks while  the certificate must be  issued within four days.
The Senate also reduced the time frame for contract award to two weeks for processing and four days to issue certificates to qualified contractors.
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The increase was carried out following the amendment of the Public Procurement Act 2007 and consideration of Report of the Committee on Procurement presented by its Chairman, Senator Shuaibu Lau, Peoples Democratic Party, PDP, Taraba North  on the Public Procurement Act 2007 (Amendment) Bill, 2019( SB.106, 109, 158).
Continue reading Senate Amends Procurement Act, Jerks Mobilization fee to 30 percent at Vanguard News.

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