Section 17: List of contracts to be submitted to the Board.

(1) For all proposed projects, contracts, subcontracts and purchase orders estimated by operator to be in excess of $1,000,000 (USD), the operator shall provide to the Board for approval, advertisements, pre-qualification criteria, technical bid documents, technical evaluation criteria and the proposed bidders list.
(2) The operator or project promoter shall submit sufficient information with the notifications to enable the Board assess the subject matter and to be satisfied that the requirements for Nigerian content have been complied with by the operator or project promoter.