Henceforth, any supplier, contractor or service provider that contravenes any provision of the Public Procurement Act of 2007 will be banned from participating in all public contracts for a period not less than five years.
This is because the Federal Government has unveiled plans to begin the implementation of the debarment procedure as provided for in the Act.
The Director-General, Bureau of Public Procurement, Emeka Ezeh, said this on Monday at a workshop in Abuja.
He stated that apart from the five-year ban, the move would now make it possible for shady firms to pay a fine equivalent to 25 per cent of the value of the procurement in issue.
This, he said, was part of the Federal Government’s efforts at ensuring successful implementation of procurement reforms.
The debarment procedure, he noted, had been developed and modelled after other international good practices that existed across the globe.
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