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.
Toilets For 13 Wards for Constituency Meetings 2018-10-24 12:00 RFQ/466
Supply: Water meter - type: velocity-large bore 2018-10-23 14:00 GE11900969
Supply: Pavers bricks 2018-10-18 14:00 GE11900977
Supply and delivery of 2x Tyres for Front End Loader NDH 1158 2018-10-25 12:00 RFQ / 467
Repair drain covers at Bellville South Sport Ground. 2018-10-23 14:00 SN11900096
Supply 13x Buses to Transport People for Constituency Meetings. 2018-10-24 12:00 RFQ/464
Provision of Services for the Disconnection & Re-connection of Municipal Services 2018-10-26 12:00 SCM/2019/81/FIN
Supply: Jointbox cable 2018-10-18 11:00 GJ1190241A
Supply: Streetlight poles 2018-10-23 11:00 GJ11900250
Supply and delivery of Jumbo; Style Designator: Archives Ref: 080023 2018-10-18 11:00 11131352
Installation of Sewer Reticulation at Gansbaai, Stanford and Hermanus. 2018-11-16 12:00 SC 1916/2018
Supply and delivery of Alkaline Chlorinate Disinfectant Cleaner 2018-10-18 11:00 11118626
Supply, Replacement and Service of First Aid Firefighting appliances for Overstrand Municipality for a contract period ending 30 June 2021. 2018-11-16 12:00 SC 1909/2018
Supply and delivery of Cleaning Detergents and Consumables Goods 2018-10-18 11:00 11061945
Tenders are hereby invited from service providers for the printing and distribution of monthly service accounts and newsletters for a period of ending 30 June 2021. 2018-11-16 12:00 TENDER 38-18/19
Framework tender for civil engineering contractors in the Mossel Bay Municipal area on various construction works in various human settlement and other infrastructural development programmes/projects. 2018-11-16 12:00 TENDER 36-18/19
Provision of Banking Services for a period of 5 years with effect from 01 July 2019 Or Nearest Practical Date As Determined by the Chief Financial Officer 2018-11-09 12:00 56/2018
Tenders are hereby invited from qualified and experienced service providers for the supply of prepayment vending system and services for the Mossel Bay Municipality for the period ending 30 June 2024. 2018-11-16 12:00 TENDER 13-18/19
Implementing agent: Electrification for Masamini and Magqagqeni. 2018-11-16 12:00 ULM-INFR011/19
Supply and Delivery of Civil Infrastructure Material and General Supplies for the Centralised Inventory Store Robertson 2018-10-26 12:00 T19/2018

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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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