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.
Supply, Delivery, Installation & Commission of Three Headlight Aim Testers for Vehicle Test Station for Traffic Services 2018-12-24 12:00 RFQ/HPS/2018-19/291
Provision of Driver Education (Learner and Driving Licence) 50 Persons in Ward 38 2018-12-24 12:00 RFQ/IDP/2018-19/290
Supply & Delivery of Electrical Inventory Items 2019-01-11 12:00 SCM/2019/94/ENG
Provision of Driver Education (Learner and Driving Licence) 50 Persons in Ward 08 2018-12-24 12:00 RFQ/IDP/2018-19/289
Appointment of construction of a small administration block, 2 x grade R classrooms, guard house, erection of fence, completion of the multi- purpose classroom, nutrition centre, 2 x 3 classroom blocks, conversion of 1 x 3 classroom block into hall and external works at Leboeng Primary School located in Leboeng Village in Sekhukhune District, Limpopo Province grade 7 GB and Above 2019-01-30 12:00 EDDP 184/57B
Advanced Firearm Training Programme 2018-12-28 12:00 RFQ/DHR/2018-19/297
Updating and Maintenance of BCMM`s Water Hydraulic Models and Water Demand Analysis in IMQS - Inland 2018-12-28 12:00 RFQ/DES/2018-19/296
Procurement of Professional Service Providers from the Built Environment that specializes in Architecture, Quantity Surveyors, Civil & Structural Engineers, Electrical Engineers and OHS Agents For The Planning, Design, Supervision and Closure of the Programme 9 Schools for the Limpopo Department of Education 2019-01-28 09:00 LDOE/66PSP/2018/1
Thermocycler 2018-12-21 11:00 RFQ GAU86
Jagerust Water Treatment Plant Refurbishment 2019-02-28 10:00 E/BS3691R
Supply of parts, spares and repairs of Teledyne make of ambient air quality monitoring gas analyser for lab and site network 2019-03-08 10:00 CORP 4655
Supply and delivery of electrical material and equipment for Nkomazi LM for a period of three (3) years 2019-01-31 12:00 NKO 90/2018
Provision of a functional and technical support service for Ellipse and associated bespoke systems implemented at eThekwini Electricity 2019-02-15 11:00 E.9646
Online coal quality measurement staithes incline conveyors 2019-02-12 10:00 MPGXC005157R
The maintenance and repair of portable earthing gear in Mpumalanga Operating Unit on an as and when required basis 2019-02-12 10:00 MPDX001033
Appointment of a service provider to compile a waste characterization report - Solid Waste Management 2018-12-28 11:00 FQ/SM: 97/19
To design, manufacture, supply, delivery, removal, installation and commissioning of 2 (two) spare LP heaters (1 x LPH 3 and 1 x LPH 4) for a period of 5 years 2019-02-13 10:00 MPGXC005426
Supply, delivery and installation of 2 x automated multi-deck weighbridges at Tutuka Power Station 2019-02-13 10:00 MPGXC005428
Supply and delivery of one (1) Landfill Compactor 2019-01-18 12:00 IHLM-78/12/2018-19/COMM
Provision of Short Term Insurance for the period from 01 July 2019 To 30 June 2022 2019-01-18 12:00 FIN 01/2019/20

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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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