NERC: Auditing the Procurement of Meter Asset Providers Conducted By Distribution Companies

An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern.

As a company who has the required experience, ability to make independent decisions and understand business needs, dependable and effective communication skills, Office Machines Nigeria Limited was selected to act as a Tender Auditor to audit Abuja, Benin, Eko and Enugu Electricity Distribution Company for the Nigeria Electricity Distribution Company (NERC).

Our team of experts using predefined rules and conditions evaluated the validity and reliability of the procurement processes i.e. review bid documents including draft contract to ensure conformity with the objectives of the MAP regulations and the procurement requirements contained therein, determine whether the procurement process from initiation to conclusion gives reasonable assurance of achieving efficiency and economy, etc.

The contract was professionally carried out with utmost competence. The scope of work and terms of reference was covered within the speculated time and reports were submitted upon completion.