Contract Awarding Committe Guides

The objective of Procurement is to obtain the best possible value for money on behalf of the Federal Government of Nigeria while rigorously maintaining the Procuring Entity’s business principles and the agreements under which it operates.

It is the Bureau’s policy that Procuring Entities outsource those services that are either not part of their core business activity or for which there is a fluctuating requirement in terms of specialist skills or equipment, or where the open market provides a more efficient and commercial alternative.

It is the Bureau’s policy that services, materials and equipment shall be acquired by Procuring Entities at the most favourable terms compatible with the desired quality and delivery requirements, taking account of total life cycle costs and in a manner that safeguards and preserves the reputation of the procuring entity. Cont’d