Senate passes amendments to Public Procurement Act


The Senate on Wednesday passed a bill seeking to amend parts of the Public Procurement Act 2007.

One of the amendments made to the Act is the upward review of contractors’ mobilisation fees from 15 to 30 per cent in Section 35.

The lawmakers said the recommendation of a committee to review upwards the mobilisation fee from 15 to 20 per cent for local contractors is insufficient.

The amendment for an upward review of 35 per cent mobilisation for local contractors was initially proposed by Jibrin Barau (APC, Kano North) and seconded by Ibikunle Amosun (APC, Ogun Central).

The Senate, however, settled for a 30 per cent review moved by Senator Abba Moro (PDP, Benue South) and seconded by Senator Rose Oko (PDP, Cross River North).

The passage of the bill was sequel to presentation and…



Read All From Original Article on Premiumtimes

%d bloggers like this: