House Amends Public Procurement Act, Raises Contract Mobilisation Fee to 50%

House Amends Public Procurement Act, Raises Contract Mobilisation Fee to 50%

 Removes finance minister as council chair James Emejo in Abuja The House of Representatives on Thursday passed a bill seeking to amend the Public Procurement Act, 2007 into law. The new procurement act increases contract mobilisation fee from 15 per cent to not more than 50 per cent while mobilised contractors risk a two-year jail […]
Source: House Amends Public Procurement Act, Raises Contract Mobilisation Fee to 50%

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post culled from thisdaylive