State Theatre finally takes shape
Friday, March 31, 2023 | 290 Views |
Rakgare PIC: KENNEDY RAMOKONE
The Minister of Youth, Gender, Sports and Culture, Tumiso Rakgare told Parliament that am amount of P 2,922,000 was approved for engaging the services of the Transactional Advisor (TA) for the development of the State Theatre during the financial year 2022/2023.
The Transactional Advisor is required to produce comprehensive feasibility analysis for all components of the Project, including assessment of alternate methods of project delivery and operation. This must enable the government to determine: Full project cycle costs; Affordability limits risks and their costs and Optimal Value-for-Money (VfM) methods of procurement and delivery.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...