Trouble for contractors as presidency cancels all projects awarded by NDDC before 31st December 2019
…Directs those already mobilised to refund monies to CBN
The Presidency has canceled all projects awarded by the Niger Delta Development Commission, NDDC, for which the beneficiary contractors are yet to mobilize to the site.
This is contained in a public notice signed on Sunday by Dr. Ibitoye Abosede, Director, Corporate Affairs, on behalf of the management, and made available to GbaramatuVoice.
The notice read:” RE: IMPLEMENTATION OF FORENSIC AUDIT REPORT. PRESIDENTIAL DIRECTIVE ON CANCELLATION OF PROJECTS AWARDED BY NDDC FOR WHICH CONTRACTORS HAVE NOT MOBILISED TO SITE, FROM 2000 TO DECEMBER 31, 2019.
“This is to bring to the notice of all contractors engaged by the Niger Delta Development Commission (NDDC), as well as stakeholders and the general public, that the Presidency has directed that all projects awarded by the Commission between 2000 and December 31, 2019, for which the beneficiary contractors are yet to mobilize to the site are by this directive canceled.”
Continuing, the directive said, “this cancellation is subject to any future re-award in accordance with the Public Procurement Act and in line with the terms of the contracts for the award of the said projects.
“Consequently, all affected contractors are advised to note that all monies earlier received by way of mobilization for any of the projects are to be promptly refunded to the Commission’s Account with the Central Bank of Nigeria,” it concluded.