In July, the Government will increase the registration fee it charges companies applying for contracts

A source familiar with Mount Vema Tender and Contracts procedures told VSBCnews that in July this year, the Government will increase the fees it charges companies to register prior to submitting proposals to apply for Mount Vema lucrative contracts. 
 
From time to time and more as the City of Mount Vema building works on site are about to start, the government and general contractors request for tenders. A formal, structured invitation to suppliers, service providers, builders, etc, to submit proposals to build or, provide products or services, where a non-refundable official fee is needed to fortify and secure the tender engagement documents.
 
The tender documents are made available for download only to applicants who have paid the official fee which is currently 1000.00 golles regardless of the size of the contract. However according to our source, the fee which is structured to ensure that competition for the use of Mount Vema funds is open, fair and free from bribery and nepotism will increase in July this year. >>>