Scm learning session - January 2023

Mr. Mide has obtained strategy approval from CTB for all the drilling ancillary services using a contract plan. Open tendeing on NIPEX is the tendering strategy. What should be his next step?

• Pursue concurrence letter from JV partner

• Progress with ITT

• Obtain NCDMB approval

• Get bidders list from Vendor Management

Tonia intends to change payment terms for a contract and has proceeded to obtain the signature ofGM SCM & MD Asset/Functional GM/ Directorate Head. Is this the right process?

• Yes, the right signatories have sighed the NTF

• No, she should have used a VAAF

• No, she should have gotten the buy-in/support for this change before signing NTF

• I am not sure

Kalu needs an Amendment to PO without increase in approved contract value or change in PO recipient. Who will approve this request?

• Kalu's manager

• Kalu's Lead

• Any SCM Manager

• Procurement Operations Manager

Who approves PO cancellation with or without re-issue?

• Original PO approver

• Procurement Operations Manager

• GM SCM

• Category specialist manager

For a procurement of equipment greater than USD100,000 ....... can be used as contractual agreement.

• Contract

• Purchase Order

• Standard terms and conditions

• Vendor's invoice

How many sections do we have in the Standard TEC recently developed?

• 4

• 5

• 3

• 6

A contract document for a Seplat subsidiary has been executed by the vendor. Value of the contract is $750k. Who are the appropriate signatories to Witness & Execute the contract on behalf of Seplat?

• Witness- SCM Manager

      Execute- Asset MD

• Witness- GM SCM

       Execute- Subsidiary Director

• Witness- SCM Manager

      Execute- Directorate Head

• Witness- GM SCM

       Execute- Subsidiary Director

Negotiation mandate for single source transaction or contract variation must be approved by

• SCM Manager & GM SCM

• GM SCM & CO

• Original Approving Authority

During contract negotiations with vendors, where Advance payment needs to be made, the vendor shall be expected to provide Advance Payment Guarantee (APG) where the contract value is valued at......

• $50k or =N=10m

• >$100k or =N=50m

• $100 or =N=10m

A transaction for Support function originally approved via BTBTF has resultant variation of $35,000 within Seplat approval limit. What Tool should be used to secure approval and who should be the approving authority?

• NTF & Original Approving Authority

• BTBTF & GM SCM & MD Asset/Function GM/Directorate Head

• VAAF & MTB