NIDCO advises public to beware fraudulent procurement transactions
Trinidad and Tobago
The National Infrastructure Development Company Limited (NIDCO) is warning the public to watch out for fraudulent procurement transactions.
In a release, the company said is charged with the responsibility for carrying out the procurement of goods, services and works on behalf of the Government of Trinidad and Tobago.
To fulfil this mandate, NIDCO issues notices of tenders via its website and national newspapers, ensuring its procurement activities are executed in a transparent, ethical and effective manner.
The public is advised of the following:
1. The signing of contracts for NIDCO’s projects only takes place in person within NIDCO’s Offices, overseen by a representative from NIDCO’s Legal Department. Therefore, the signing of any contract outside of NIDCO’s offices is fraudulent and not authorised by NIDCO.
2. The collection of cheques only takes place within NIDCO’s Offices, overseen by a representative of NIDCO’s Finance Department. The collection of cheques outside of NIDCO’s Offices from any individual, whether purporting to be an officer or agent of NIDCO, is fraudulent and not authorised by NIDCO.
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