TENDERS EXPLAINED Each day hundreds of tenders are being advertised but we often only hear about those where things have gone wrong or where the concept has been abused. It gives ‘Tenders’ a stink it doesn’t deserve. In today’s blog, we look at what exactly a tender is. CLICK HERE FOR LATEST TENDERS ADVERTISED A … Read more
Procurement is the process of buying goods, works or services. Procurement is often carried out by the process of tendering, rather than buying products directly from a seller. A company or organisation (the promoter, client or employer) wishing to obtain goods or services will first specify its requirements. Subsequently, it will open the bidding in a process known … Read more
Open Tendering Selective Tendering Negotiation Open Tendering and selective (limited) tendering. Direct negotiation can be considered selective tendering depending on how it is being handled. Also tendering can be consist of 1 or more stages. for example It may start as an open tendering where tenderers only submits their technical proposal and then successful tenderers … Read more
10 steps in the bid process Each year, Organs of State invite the Private Sector to submit competitive bids for the supply of goods and services. Organs of State bid requests attract SMME’s and large businesses across a wide range of sectors – from office supplies to major construction projects. Here is an overview of … Read more
The key to writing a good tender is to be specific and detail how your capabilities match the client’s exact requirements. You don’t have to be arrogant to sell your firm. Never kick off the tender by saying how great you are. Instead, show that you’ve listened to the client’s needs and found them the … Read more
TENDERS EXPLAINED Each day hundreds of tenders are being advertised but we often only hear about those where things have gone wrong or where the concept has been abused. It gives ‘Tenders’ a stink it doesn’t deserve. In today’s blog, we look at what exactly a tender is. A tender is an offer to perform … Read more
An internet based process wherein the complete tendering process; from advertising to receiving and submitting tender-related information are done online. This enables firms to be more efficient as paper-based transactions are reduced or eliminated, facilitating for a more speedy exchange of information. CURRENT SITUATION Nowadays, large organizations usually have to handle multiple procurement needs by … Read more
A private company is the most common and simplest form of company to be registered. It is comparable to a close corporation. Close corporations are no longer registered. Private Companies may not offer shares to the public and restrictions are also placed on the transferability of their shares. Private companies must have at least one … Read more
Customers can apply for a B-BBEE certificate on the eservices website or at the CIPC Self Service Terminal. For a business with a turnover of less than R10 million, a B-BBEE certificate is not required. Customers can complete an Affidavit, signed by an Commissioner of Oaths, and hand it instead of the B-BBEE certificate. Once the Affidavit has … Read more
If your Company’s annual turnover (sales) is below R10 million, you require a BEE Affidavit which serves as your BEE Certificate. You can get a professional, system generated BEE Affidavit from Company Partners free of charge! Just complete the sign up form below to get your free professional BEE Affidavit B-BBEE Certification Customers can apply for a B-BBEE certificate on the eservices website or at … Read more