E300 000 tender security for ESWADE

SIPHOFANENI &ontracted are expected to issue ( tender security for (swatini :ater and $gricultural 'e velopment (nterprise (6:$'( development works tender

(6:$'( issued a reTuest for pro posal 5)3 for the construction of ag ricultural water development works at .a3hunga Ndushulweni and 0gam beni 7he 5)3 was issued on 2ctober

and the deadline for submis sion is November

(6:$'( said the tender security was expected to be in a form of a bank guaranteed letter issued to (6:$'( or an insurance policy from a locally registered insurance company

³7he contractor to be awarded the contract is expected to 7ender prices shall be expressed in the currency of (swatini /ilangeni and shall take into account the provisions of this 7ender 'ocument $ny 7ender which is not expressed in the currency of (swatini shall be rejected ´ mentions (6:$'( in the document

7hey also mentioned that the tender security of a joint venture shall be is sued so as to commit fully all partners to the proposed joint venture

Name of Plant and Equipment Excavator

Tipper Truck (min.10)

Bulldozer (min D8)

TLB

Grader (140G)

Water pump (min. 3inches)

Water Cart (min 10 kl)

Minimum No. that is Required

2

3 1 2 1 2 1

(6:$'( said any tender not accom panied by an acceptable tender security shall be rejected by the employer as non responsive

7hey said the tender securities of un successful tenderers would be returned as promptly as possible but not later than days after the expiration of the original period or any subseTuently extended period of tender validity ³7he 7ender security of the successful 7enderer will be returned when the 7enderer has signed the $greement and furnished the reTuired 3erformance 6ecurity

³7he tender security may be forfeited if the tenderer withdraws its tender has engaged in any fraudulent activity or if the tenderer does not accept the correction of its tender price ´ mentions (6:$'(

7hey further mentioned that the pro gramme of works for the performance of the contract was based on the as sumptions which were given solely for the purpose of comparative evaluation and do not relieve the contractor in any way from responsibility for providing flexibility within his programme and methodology to cope with deviations from these assumptions

³(ach 7enderer is reTuired to visit and inspect the project site and sur roundings and attach with his 7ender a signed 'eclaration of $ttendance of the site visit to certify that he has done so 7enders received from 7enderers who fail to visit the site will be declared non responsive ´ they added