Federal Executive Council (FEC) Approved Contracts for April 20, 2011

1a) Item/Service: Award of Contract for the production of an additional six million (6,000,000) e-passport booklets and 3,500,000 wafers and laminates

Name of Company: Messrs. Iris Smart Technologies Limited

Implementing Agency: Ministry of Interior

Cost: Unit Price N690.08k (booklets) N2,802.80 (Wafers and laminates) Total Sum N13,950,280,000.00

Date: 20/04/11

Duration: 4 years under the Contractor-Finance Public/Private sector partnership arrangement

1b) Item/Service: Award of Contract for the Renewal of the Comprehensive maintenance service of the entire worldwide e-Passport System

Name of Company: Messrs. Iris Smart Technologies Limited

Implementing Agency: Ministry of Interior

Cost: USD5,525,470.00 per annum, USD30,000 per foreign mission per annum

Date: 20/04/11

Duration: Renewable annually for the duration of the main e-Passport contract