NIGERIAN OIL AND GAS INDUSTRY CONTENT DEVELOPMENT ACT

Section 24: Quarterly procurement report

2010Section 24 of 107Federal Republic of Nigeria

(1) The operator shall submit to the Board, within 30 days at the end of each quarter, a listing of all contracts, subcontracts and purchase orders exceeding $1,000,000 (USD) or such other limit as the Board may determine, awarded in the previous quarter.
(2) This listing shall provide-
(a) a list of all items and services ;
(b) value of contract or purchase order ;
(c) name of successful contractor or vendor ;
(d) a primary location of work ;
(e) estimates of Nigerian content ;
(f) commencement and completion date ; and
(g) any other information required by the Board for the purposes of implementing the provisions of this Act.

Cite this section

Section 24, NIGERIAN OIL AND GAS INDUSTRY CONTENT DEVELOPMENT ACT (2010).

https://repo.podus.ai/laws/nigerian-oil-and-gas-industry-content-development-act/section/24/