PUBLIC PROCUREMENT ACT

Section 24: Open Competitive Bidding.

2007Section 24 of 61Federal Republic of Nigeria

(1) Except as provided by this Act, all procurements of goods and works by all procuring entities shall be conducted by open competitive bidding.
(2) Any reference to open competitive bidding in this Act means the process by which a procuring entity based on previously defined criteria, effects public procurements by offering to every interested bidder, equal simultaneous information and opportunity to offer the goods and works needed.
(3) The winning bid shall be that which is the lowest evaluated responsive bid which has been responsive to the bid with regards to work specification and standard.

Cite this section

Section 24, PUBLIC PROCUREMENT ACT (2007).

https://repo.podus.ai/laws/public-procurement-act/section/24/