The cost of registering to submit tenders has increased from 1000 to 5000 golles, 3 months before schedule
The Government has increased the fees it charges companies to register prior to submitting proposals to apply for Mount Vema lucrative contracts, from ₲1000 golles to ₲5000 golles. The fee was scheduled to be increased in July, however due to the current pace of developments it was moved to the 3rd of April, 3 months before schedule.
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.
This new registration fee works like a license that give companies anywhere in the world a permit to access, read and download official tender documents to apply for Mount Vema lucrative contracts. The fee is now ₲5000.00 golles regardless of the size of the contract, and it is structured to ensure that competition for the use of Mount Vema funds is open, fair and free from bribery and nepotism. >>>
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