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STEFANUTTI STOCKS : GRANTED E4.1 MILLION LUSIP TENDER

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06/21/2018 | 01:58pm CEST

MBABANEStefanutti Stocks has officially been awarded the E4.1 million tender for the provision of annual infrastructure for LUSIP.

Swaziland Water and Agricultural Development Enterprise (SWADE) Chief Executive Officer (CEO) Samson Sithole disclosed that Stefanutti Stocks emerged as the best evaluated tenderer for the Lower Usuthu Smallholder Development Irrigation Project (LUSIP) job.

In line with the Public Procurement Act of 2011, Sithole said all six tenderers had been allowed a period of 10 working days for submission of any application for review prior to the official granting of the tender. The tenderers were: Du Van Developers, Ultra Civils, Akuse Construction, DGSR Construction and Boab Investments.

Signed

Communications Officer Nokwazi Hlophe yesterday confirmed that SWADE has signed on the dotted line giving Stefanutti Stocks the green light to undertake the task at hand. “There was no application for review received. Therefore, the tender has been officially been granted,” said Hlophe. The tender evaluation results (see table) reflect that only four companies qualified while the two were disqualified by the SWADE Tender Board. The disqualified entities were DGSR Construction and Boab Investments. In terms of pricing, Stefanutti Stocks had submitted the lowest bid of E4 112 510.50. The highest bid received was from Boab Investments whose bid was E8 770 177.84.

It should be mentioned that all is in order for rollout of the second phase of the second phase of LUSIP’s second phase valued at E2.01 billion. The total project cost, including physical and price contingencies, was estimated at E2.01 billion net of taxes and duties.

(c) 2018 All material Times of Swaziland. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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