It was observed that while the award letters stipulated that the mobilization would be based on 15%, this was later discarded as the Contractor’s request for 70% mobilization fee totalling N83,235,056.45 (Eighty three million, two hundred and thirty five thousand, fifty six naira, and fourty five kobo) was granted.
This is against Public Procurement Act Section 35 (l) and Financial Regulation 2933 which states that a mobilization fee of not more than 15% may be paid to a supplier or contractor supported by an unconditional bank guarantee or insurance bond issued by an institution acceptable to the procuring entity. Also, Section 85(2) of the Procurement Act and Section 2438 (ii) of the Financial Regulation 2009, states that “No further payments shall be made to a supplier or contractor who has been paid mobilization fee except on the strength of an Interim Performance certificate (IPC) issued in accordance with the contract agreement”
Click to enlarge image
Seach for project by title, MDA, state, status, year…
Do you know of project(s) in your community that has been abandoned, not executed or poorly implemented. Our team is ready to help you track it and get government to act.
Value for Money allows you to track, report and act on audited development projects abandoned, not executed or poorly implemented in your community to ensure public funds are efficiently, effectively, and economically utilized to improve service delivery to you and other citizens in Nigeria
Stay in the loop, get all project updates straight in your inbox.
