Public invited to view adjudication of Gauteng’s banking tender
The Gauteng Provincial Government invites members of the public to observe the adjudication of the multimillion rand banking services tender on Friday, 03 July 2015.
Finance MEC Barbara Creecy will observe the adjudication from the public gallery. This is the penultimate step before a tender is awarded.
The overall aim of the Open Tender project is to promote transparency in government procurement processes through allowing the public to observe the process of the awards. The contract for the provision of centralised banking services to the provincial government for a fixed period of five years is the second pilot project of government’s new Open Tender pilot process.
The province invited four approved banks late last year to bid for the contract to provide banking services for the over R90-billion provincial budget. On the closing date the tender box was immediately opened in front of members of the public, bidders and the media. Bids were registered, imprinted and price schedules announced to the public. The price schedule is published on the provincial Treasury website.
After the opening of boxes, the Gauteng Provincial Treasury’s Bid Evaluation Committee conducted an initial screening of the tenders submitted followed by an evaluation of functionality to deliver. It drew a shortlist for consideration by the Bid Adjudication Committee.
An independent probity team audited the whole process from the closing of the tender up to the evaluation process. The probity team report will be part of the documents that will be forwarded to the Bid Adjudication Committee for consideration in the meeting on 3 July 2015.
The Cedar Road tender was the first project subjected to Open Tender processes and the contract was awarded in April.
Members of the media are invited as follows:
Date: 3 July 2015
Time: 09h30
Venue: 1st Floor Auditorium, Gauteng Provincial Legislature, Cnr Loveday and President Streets, Johannesburg
To RSVP contact Joshua Ntimane on 072 065 0984 or joshua.ntimane@gauteng.gov.za
For more information please contact:
John Sukazi
MEC Spokesperson
Cell: 083 772 4885
E-mail: john.sukazi@gauteng.gov.za
