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SKN CAPITAL INVESTMENTS JV (PTY) LTD ENLISTED FOR E9 MILLION TENDER

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BY BUSINESS EDITOR

MBABANE – Mbabane Motors (Pty) Ltd has been enlisted as the best evaluated tenderer to be awarded the over E4 million motor vehicle supply tender.

The tender was issued by the Eswatini Water Services Corporation (EWSC) and three companies expressed their intention for the contract. These include Dorset Pipes (Pty) Ltd and Ant Group who were not competitively priced. 

This was revealed by the Eswatini Public Procurement Regulatory Agency (ESPPRA) on their website.

The intention to award the company was published last week Friday and they are expected to begin executing it after a period of 10 working days, should they not be contested. 

According to the regulator, EWSC was looking for a company to supply them with three motor vehicles. The proposed contract price by the best evaluated tenderer was over E9.8 million and when evaluated.

As the requesting entity, EWSC was also in charge for the procuring of the tender as well as its approvals. EWSC requested unsuccessful bidders to submit an application for review with the agency within 10 working days. “All tenderers who submitted bids are hereby notified that a period of 10 working days is hereby allowed to for submission of any application for review,” said EWSC.

Worth noting, (EWSC) recorded a growth of 4.65 per cent in their annual revenues. The revenues were E397 716 352 in 2020 and increased to E417 142 484 in the year under review. This was mentioned by EWSC in their annual report. EWSC said water, sewer and basic charges contributed exponentially to the growth of the corporation revenues, as well as profit.

They said the charges were inquired by both residential and commercial properties. The ESWC report said they supply water for both commercial and residential customers and provide sewage disposal services to the same. 

“Revenue from water and sewer services is recognised, based on the usage of water by customers and basic charges are charged per customer, with an active connection without regard to usage on a monthly basis,” said the EWSC report.

The corporation also mentioned that the measurement of revenue was determined by the water and sewer usage charges, which were charged per gazetted rates on the usage of customers. They said basic charges were also based on a flat rate gazetted charge per type of connection and the revenue is majored at the value receivable from the customers at the time of billing. “Customers are charged a fee from new connections and reconnections to receive water and sewer services from the corporation,’’ mentions EWSC.