The economic system of Nigeria
being a blend of Government and private participation calls for a synergy
between both partners in progress to formulate a course of action that will
ensure the best qualified contractors, firms and companies in line with the
Public Procurement Act (PPA) 2007 secure the right or license to implement
Government projects that best suits public interest.

On the strength of the above
premise, below are the eligibility
requirements prospective bidders are obligate to present for a successful
bid.

Firstly, before an entity can
be classified as a company capable of processing a PENCOM, ITF and NSITF 

Compliance certificate for the purpose of a tender/expression of interest, such
a body is expected to have been appropriately registered with the Corporate
Affairs Commission and a Certificate of incorporation issued. Other documents
issued upon completion of the registration process are Certified True Copies of
Form CAC1.1 for newly registered companies and Form 2A, 2.1, and 7A for older companies.

For a successful
tender/expression of interest to be accomplished, a copy of the Company’s
income Tax Clearance Certificate (TCC) for the last three years preceding the
invitation for tender/expression of interest must be presented.

To secure a TCC, a company must
obtain a Company’s Taxpayers Identification Number (TIN) from a Federal Inland
Revenue Services (FIRS) office. Then an application for the Company’s Income
TCC has to be made to the FIRS with the following documents.

For new
companies less than 6months:                    

1.       Duly
Completed Tax registration input form

2.       Completed
FIRS questionnaire for new taxpayers

3.       A copy
of the Certificate of incorporation, Memorandum and Articles of Association

4.       Letter
of appointment of a tax adviser and letter of acceptance.

5.       Completed
VAT registration Form (download
link - www.
ibechidoassociates.com/download-legal-documents/)

Okpi, Ibe Chinedu is the Principal partner
in the Law Firm of Ibe, Chido and Associates (www.ibechidoassociates.com), with an extensive knowledge in Corporate
and Commercial Law Practice. He can be contacted via phone: 07069279374 or
email: [email protected]. Or [email protected]