700 companies apply for EFCC contracts

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Ibrahim-Magu-EFCC-Acting chairman

ABUJA, NOVEMBER 15, 2016 – At least 700 companies in the insurance, assets management and supply sectors of the economy have applied to the Economic and Financial Crimes Commission (EFCC) for contracts.

This was disclosed, yesterday, by the commission’s Head of the Procurement Unit, Ibrahim Mohammed, at the opening of bids for contracts, in accordance with the Public Procurement Act.

The exercise, he said, was done towards ensuring “a free and fair process for contractors and consultancy firms bidding to engage with the commission.”

The anti-graft agency had, on September 19, 2016, published in the Federal Tenders Journal, and two leading newspapers in the country, advertisement seeking Expression of Interest from consultants for asset management, insurance brokers and suppliers of office equipment.

He disclosed that all intending contractors, who sent in bids, were invited to the “bid opening” as part of adherence to the Procurement Act.

Ibrahim said the commission was determined to ensure a free and fair process for selecting companies that would eventually engage with the agency.

Addressing various representatives of the bidding companies that attended the event, Ibrahim assured that every bid duly signed and properly submitted, with required documents, would be evaluated.

The bid opening lasted for about eight hours.

“We plan to evaluate all duly qualified bids in the next two weeks,” he said.

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