Plain meaning of every word we use
Here's what each term we use means. If anything here is unclear, write to contact@ogundpi.com.
- Application
What you submit to apply for a contract (the bid). It includes your prices, your plan for delivering the work, and any extra documents the ministry asks for.
Also called Bid, Submission.
- Approval
When a ministry confirms that your company is eligible to apply for their contracts. Often called “pre-approval” or “prequalification” in older paperwork. Approval is not the same as winning a contract.
Also called Pre-approval, Prequalification.
- BVNShort for Bank Verification Number
An 11-digit number tied to you (the person) by your bank. Used by Nigerian banks to confirm identity.
- CAC certificateShort for Corporate Affairs Commission certificate
The federal registration document for any company in Nigeria. The number on it starts with RC (limited liability) or BN (business name).
- Contract
An agreement between the ministry and your company to deliver a specific piece of work for a specific price by a specific date.
- Milestone
A piece of work inside a contract; for example, capturing student data in 50 schools by 30 June. Each milestone has its own payment.
- Ministry
An Ogun State ministry, department, or agency that issues contracts on OgunDPI.
- NUBANShort for Nigerian Uniform Bank Account Number
The 10-digit account number every Nigerian bank account uses. Same number, every bank.
- One-time code
The 6-digit number we email you when you sign in. It expires after 10 minutes and can only be used once. We use one-time codes instead of passwords so there is nothing for you to remember or lose.
Also called OTP, Sign-in code.
- TINShort for Tax Identification Number
Your company's tax ID from FIRS. 8 to 12 digits. Required to receive payments from any government contract.