Procurement Committee

 

Mr. Saeed Ullah Shah Chairman
Mr. Sabino Sikandar Jalal Member
Mr. Agha Jan Akhtar Member
Mr. Salman Akhtar Member
Mr. Muhammad Sajid Farooqi Member

 


Terms of Reference

The committee ensures transparency in procurement and dealing with suppliers/ service providers through the following responsibilities:

  • Serves as an advisory forum to suggest measures to streamline and simplify procurement of goods and services.
  • Review special cases of procurement referred by procurement committee of the management for seeking directives of the Committee.
  • Identify, review and approve new and innovative procurement practices/ strategies to strengthen, streamline and speedup the procurement process and ensure that procurement process achieves value for money in delivering the Corporate strategy and strategic priorities.
  • Review the Company’s policies/ procedures for procurement of goods/ services/ works and recommend changes for improvement.
  • Review and approve awards of high value Engineering Procurement and Construction (EPC) Contracts and Original Equipment Manufacturer (OEM) Procurement Contracts.
  • Review (a) the annual procurement plan (b) any changes to financial authorities relating to procurement and (c) any Updates / changes made in the Materials and Contracts Manual.