What are Tender Scams? In our last blog we highlighted a peak in tender scams and how to protect yourself. If you are new to tendering and are not sure what they are, we’ll now unpack some of the more frequent scenarios. Fraudsters use what appears to be government department stationery with fictitious logos and…
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Beware of Tender Scams in South Africa:How to Protect Yourself In South Africa, the process of government procurement involves the issuance of tenders for various goods and services. While this system is intended to be transparent and fair, it has unfortunately given rise to a significant problem: tender scams. These scams can have devastating financial…
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Why Use an Executive Summary? If written correctly, your executive summary will not only assist the bid adjudication committee in adjudicating your bid but also highlight your understanding of the required services and competence as a leading service provider. Be careful not to use the executive summary as a platform to showcase your business but…
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What is Local Production & Content? The promotion of Local Content is not unique to South Africa but rather an international trend that assists in stimulating the economy of a country. Therefore, some bids in respect of services, works or goods are designated for local production and content. These bids will contain a specific bidding…
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Preferential Procurement Regulations, 2022. Is this the scrapping of Black Economic Empowerment and local content development? Certainly not says National Treasury in its media statement on 8 November 2022. Serving as a placeholder whilst the Public Procurement Bill is being finalized, the 2022 Regulations repeal the 2017 Regulations and take effect on 16 January…
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