Procurement agency plans new support for women-owned engineering companies
Nigeria’s Bureau of Public Procurement is preparing an affirmative procurement policy intended to expand opportunities for women-owned engineering businesses in government contracting. The available information does not specify when the policy will be introduced, which contracts it will cover or what measures it will contain.
Nigeria’s Bureau of Public Procurement is developing an affirmative procurement policy aimed at creating more opportunities for women-owned engineering businesses in public contracting, according to Punch Nigeria. The proposed policy would focus on participation by women-owned firms in procurement carried out by public institutions. The bureau’s stated objective is to widen access to opportunities for businesses in the engineering sector that are owned by women.
The source did not provide details of the policy’s proposed requirements, implementation timetable or the public contracts that would be covered. It also did not state whether the measure would involve quotas, reserved contracts, bidding preferences or other forms of support. The development places the bureau at the centre of an effort to address access to public procurement for women-led engineering companies.
Further information will be needed to establish how eligible businesses would be identified and how the policy would operate once completed.
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