Award contracts with sufficient funds, BPP tells TETFund

Director General, Bureau for Public Procurement (BPP), Mamman Ahmadu, on Wednesday, warned Tertiary Education Trust Fund TETFund beneficiary institutions against awarding contracts with insufficient funds.

Addressing participants at the second day of a three-day capacity building workshop on public procurement procedures for TETFund beneficiary Institutions in Kano, Ahmadu outlined the fundamental principles of procurement according to Section 16 and stressed that it must be based only on procurement plans and supported by prior budgetary appropriation.

According to him, the process of awarding contracts should be formalized until the funds to meet obligations are available and then competitive bidding can begin.

Also, the Tertiary Education Trust Fund, reaffirmed its readiness to ensure that beneficiary institutions adhere strictly to the public procurement processes, so as to curb corruption.

Ahmadu charged the participants to judiciously utilize the experience to be acquired during the three-day workshop towards enhancing the standard of public procurement procedures.