PUBLIC PROCUREMENT ACT

Section 18: Procurement Planning

2007Section 18 of 61Federal Republic of Nigeria

Subject to regulations as may from time to time be made by the Bureau under the direction of the Council, a procuring entity shall plan its procurement by:(a) preparing the needs assessment and evaluation;
(b) identifying the goods, works or services required;
(c) carrying appropriate market and statistical surveys and on that basis prepare an analysis of the cost implications of the proposed procurement;
(d) aggregating its requirements whenever possible, both within the procuring entity and between procuring entities, to obtain economy of scale and reduce procurement cost;
(e) integrating its procurement expenditure into its yearly budget;
(f) prescribing any method for effecting the procurement subject to the necessary approval under this Act; and
(g) ensuring that the procurement entity functions stipulated in this Section shall be carried out by the Procurement Planning Committee.

Cite this section

Section 18, PUBLIC PROCUREMENT ACT (2007).

https://repo.podus.ai/laws/public-procurement-act/section/18/