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MBABANE – Two companies were evaluated for the Eswatini Water Services Corporation (EWSC) power factor correction equipment tender.

2nly tZo companies shoZed in terest for the tender Zhich Zas for the desiJn sXpply and installation of poZer factor correction. The best eYalXated company enlisted Zas 3,& (nJineerinJ 3ty) /td their eYalXated price total Zas (

. . This Zas reYealed by the (sZatini 3Xblic 3rocXrement 5eJXlatory $Jency (6335$) on their Zebsite. $ccordinJ to the procXrement reJXlator (:6& Zas looNinJ for a contractor for the sXpply installation and com missioninJ of serYers. The pro cXrement entity for the tender Zas (:6& Zhich Zas approYed by the %oard¶s aXthority. (:6& reTXested the XnsXccessfXl bidders sXbmit an application for reYieZ Zith the aJency Zithin ZorN inJ days.

Tenderers

³$ll tenderers Zho sXbmitted bids are hereby notified that a pe riod of ZorNinJ days is hereby alloZed for sXbmission of any ap plication for reYieZ ´ said (:6&. ,t Zas also mentioned that the tender does not constitXte a con tract. 0eanZhile (:6& reYenXes increased by per cent in . This Zas oXtlined in the (:6& annXal report for . (:6& said the reYenXe for the year ended 0arch Zas ( million. The operatinJ reYenXe JreZ by

per cent from ( million in .

They said the JroZth Zas driYen by a tariff increase of 6.6 per cent and the recoYery in economic actiYity folloZinJ the rela[ation of &29,' locNdoZn restric tions. $n operatinJ e[penditXre of ( . million Zas recorded representinJ an increase of .6 per cent compared to last year ( . million). The profit for the year amoXnted to ( million.