Banners
Banners

Latest News

Former spy chief, Isaac Kgosi is challenging the State in his criminal...
The Block 8 clinic-based nurse who was said to have tested positive fo...
While businesses and individuals are grappling with challenges brought...
Mileage Group (Pty) Ltd, an investment and international company has o...
Banners
Banners

Value of awarded tenders up 53%

ISAAC PINIELO
John
The value of public projects awarded by the Public Procurement and Asset Disposal Board (PPADB) in the financial year ended March 2017 financial year was P6 billion.

This represented a 53% increase when compared to the previous year’s value of P3.9 billion. According to the latest PPADB annual report, the value of the tenders awarded exceeded financial threshold of Ministerial Tender Committees (MTCs).

PPADB executive chairperson, Bridget John said the total number of tenders awarded from different ministries was 239 during the financial year. She said the Board received 579 submissions and only 372 of those submissions required the Board to make adjudication decisions while the rest were for noting only.

“Deferrals decreased from 22% to 21%, while rejections increased from seven percent to 15% when compared to the previous year,” she said.  She added that most rejections at 42.6% were complaints related, followed by retroactive requests at 29.4%, while the rest were price adjustments requests and rejections due to non-adherence to procurement procedures by procuring entities.

She further noted that the value of tenders awarded through competitive bidding amounted to P5.4 billion, representing 92% of the value of tenders awarded by the Board during the year under review.

According to the report, the Ministry of Transport and

Banners
Communications had the highest value of awarded tenders at P3.5 billion, followed by the Ministry of Health and Wellness at P1 billion.

The Ministry of Local Government and Rural Development had the least value of awarded tenders.

During the period under review, the Board did not receive requests to award tenders from 10 ministries, which include the Ministry of Finance and Economic Development, Ministry of Investment, Trade and Industry, Ministry of Foreign Affairs, Ministry of Agricultural Development, Ministry of Youth Empowerment, Sport and Culture Development, Ministry of Labour and Home Affairs, Ministry of Land Management, Water and Sanitation, Ministry of Environment, Natural Resources Conservations, Ministry of Defence, Justice and Security, and Ministry of State President.

John said this demonstrates that during the period under review these ministries did not have projects that exceeded MTCs thresholds hence devolution of authority is bearing fruit.

She said during the year, special procurement and asset disposal committee (SPADC) considered a total of 169 requests, which she said is an increase of 42% in the number of requests when compared to the previous year.



Business

Banners
Banners

Selefu

Can anything good come out of Africa?

Latest Frontpages

Todays Paper Todays Paper Todays Paper Todays Paper Todays Paper Todays Paper
Banners