Issue Date: 
Tuesday, October 6, 2015

5 Rules To Remember When Bidding Through A Joint Venture

If you want to bid for a specific tender and you do not have all the necessary skills, recourses, infrastructure or capital you can always look for partners with whom you can join forces through Joint Ventures. Joint Ventures can bring you the success you always wanted without being trapped in a never ending partnership or shareholding scenario.

In South Africa the Amended B-BBEE Codes of Good Practice have come into effect on 1 May 2015. These new codes place a lot of emphasis on Ownership. Ownership accounts for 25 points on the B-BBEE Scorecard and it is also a Priority Element. If your company is not going to score any points on Ownership you are also going to struggle to achieve a good B-BBEE Level. This will impact negatively on your tender responses. Through Joint Ventures you can overcome this obstacle by joining forces with Black Owned companies thus increasing your Ownership score with a Consolidated B-BBEE certificate.

We foresee that Joint Ventures will become an integral part of South Africa's business sphere. For this reason there are five things that you must remember when you respond to a tender through a Joint Venture:
1.    Always draw-up a Joint Venture Agreement;
2.    The Joint Venture Agreement must be tender specific - this means the name of the tender as well as the tender number must be mentioned in the Joint Venture     Agreement;
3.    Establish a Lead Partner in the Joint Venture and use the Lead Partner's information when completing the Standard Bidding Documents and any other forms or     documents;
4.    Joint Ventures must submit a Consolidated B-BBEE certificate if it is not an incorporated entity when responding to tenders. You apply for a Consolidated B-    BBEE certificate at your B-BBEE Verification Agency who will issue the           Consolidated B-BBEE certificate after combining the Joint Venture partners' B-BBEE     Certificates - this should not be a tedious task and it should not take long at all ;
5.    The Consolidated B-BBEE certificate must be tender specific - in other words it must contain the name and number of the tender that you are responding to;

If you follow these five easy rules when responding to a tender through a Joint Venture, your response will not be disqualified. 

You can further increase your chances to respond successfully to tenders by learning as much as possible about the subject. Please visit our website for more details on our upcoming events at www.how2tender.com or email werner@how2tender.com should you need any assistance in this regard.

Learn today - earn tomorrow

 

 

Title Closing Date Tender No.
Appointment of a Professional Consulting Engineer For Planning, Design and Project Management: Refurbishment and Upgrading of Kameelmond Wastewater Treatment Works 2018-10-19 14:00 TN078/2018
Supply and delivery of fittings for MIG water meters project- Brandfort. 2018-09-26 12:00 2018/09/002
Supply and delivery of fittings for MIG water meters project- Winburg. 2018-09-26 12:00 2018/09/004
Supply and delivery of 4 core cables. 2018-09-26 12:00 13/09/2018
Quotation for 3x computer monitors, 3 laptops. 2018-09-26 11:00 KCDM/QUOTE/31/2018
Design, planning and project management of a steel structure with rooftop for the Dawid Kruiper Municipality 2018-10-12 14:00 TN078/2018
Development of an app & social media Platforms. 2018-09-26 11:00 C2/2018
Supply and delivery of digital camera and video camera. 2018-09-25 12:00 IHLM-46/09/2018-19/CS
Supply and delivery of chemicals 2018-09-25 12:00 Q005826
Supply and delivery of dry beans for led projects. 2018-09-25 12:00 Q005828
Supply and delivery of Geopositinal System (GPS) devices. 2018-09-25 12:00 Q005865
Supply and delivery of tools: Electrical Department 2018-09-27 11:00 FQ/SM : 2/19
Area East Career Expo Catering 2018- Exhibitors 2018-09-25 10:00 SM11900107
Supply, delivery and installation of a water flow meter system 2018-10-02 11:00 FQ/SM : 25/19
Consultant required to provide Monitoring, Evaluation, Accountability and Learning (MEAL) technical support to SCSA projects in Gauteng Province 2018-10-04 16:00 No reference number supplied
Supply of Services to Repair Traffic Signals and Associated Equipment within the Breede Valley Municipality 2018-09-27 11:00 288145
Consultancy services for SAP grant management implementation support 2018-10-05 15:00 ET-AUC-78675-CS-QCBS
Supply and Delivery of VBTS Collimator Insulating Piece. 2018-09-25 11:00 Themba LABS – RFQ/2018/19:84
Supply, delivery and Laying of Tiles 2018-09-28 11:00 280918
Procurement of Bus Services for Spring Schools – 4 x 30 Seater Buses. 2018-09-25 11:00 iThemba LABS – RFQ/2018/19:92

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Advantages and disadvantages of Consortiums

Consortiums are often considered as entities to use when responding to tenders in South Africa. The question that arises is whether to use a Consortium or a Joint Venture when responding to a tender. To help you with this we have compiled a list of advantages and disadvantages for both Consortiums as well as Joint Ventures. In this article we list the advantages and disadvantages of Consortiums. Look out for the same article on Joint Ventures.

Consortiums Advantages:

  • Easy to establish as there are no formal procedures... Read More
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