Print Page | Contact Us | Sign In | Register
News & Press: Industry News

New tender value range adjustments effective 07 October 2019

Thursday, 22 August 2019   (0 Comments)
Posted by: SAFCEC Communications
Share |

The revised tender value ranges across all grades provide for adjusting grades to take into account inflationary impacts. These adjustments come into effect on 07 October 2019.

Contractors whose applications for registration are submitted and received by the cidb before the implementation date will be graded based on the current regulations. Contractors whose application for registration are submitted and received by the cidb on or after the implementation date will be graded based on the new adjustments

Client departments that advertise construction works tenders prior to the implementation date of the amended tender value range adjustments will adhere to the current regulations for the adjudication, award and management of that particular construction works contract.

Client departments that advertise construction works contracts on or after the implementation date of the amended tender value range adjustments must apply and adhere to the new adjustments for the adjudication, award and management of that particular construction works contract.

Click here to view related documents

 


Contact Us

12 Skeen Boulevard | Bedfordview | Johannesburg
PO Box 644 | Bedfordview | Johannesburg | 2008
Phone: +2711 409 0900
E-Mail: info@safcec.org.za

Connect

Quick Links

Home About News Register