Circular on Involvement of the National Treasury in Due Diligence Exercises by Ministries, Departments and Agencies
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2022Author
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The National Treasury and Economic Planning
Abstract/ Overview
It is noted that various Ministries, Departments and Agencies (MDAs) have been to requesting determine for the the technical, participation of financial the and National legal Treasury capacity in due of the diligence contractor/sexercises upplin ier orderto undertake implementation of various projects. In view Procurement of the and above, Asset we Disposal wish to (PPAD) remind Act, all 2015 MD on As that Post-qualification Section 83 ( 1) provides of the that Public'an evaluation committee may, after tender evaluation, but prior to the award of the tender, conduct due diligence and present the report in writing to confirm and verify the qualifications of the tenderer who submitted the lowest evaluated responsive tender to be awarded the contract in accordance with this Act.