Section 5: Functions of the Bureau.

The Bureau shall :(a) formulate the general policies and guidelines relating to public sector procurement for the approval of the Council;
(b) publicize and explain the provisions of this Act;
(c) subject to thresholds as may be set by the Council, certify Federal procurement prior to the award of contract;
(d) supervise the implementation of established procurement policies;
(e) monitor the prices of tendered items and keep a national database of standard prices;
(f) publish the details of major contracts in the procurement journal;
(g) publish paper and electronic editions of the procurement journal and maintain an archival system for the procurement journal;
(h) maintain a national database of the particulars and classification and categorization of federal contractors and service providers;
(i) collate and maintain in an archival system, all federal procurement plans and information;
(j) undertake procurement research and surveys;
(k) organize training and development programmes for procurement professionals;
(l) periodically review the socio-economic effect of the policies on procurement and advise the Council accordingly;
(m) prepare and update standard bidding and contract documents;
(n) prevent fraudulent and unfair procurement and where necessary apply administrative sanctions;
(o) review the procurement and award of contract procedures of every entity to which this Act applies;
(p) perform procurement audits and submit such report to the National Assembly bi-annually;
(q) introduce, develop, update and maintain related database and technology;
(r) establish a single internet portal that shall, subject to Section 16 (21) to this Act serve as a primary and definitive source of all information on government procurement containing and displaying all public sector procurement information at all times; and
(s) co-ordinate relevant training programs to build institutional capacity.