MVA’S E340 000 PAYOUT FOR 2022 STRATEGY

MBABANE – 360 Degrees Business Solutions stands to cash in nearly E340 000 to collate a 2018 to 2022 corporate strategy for Sincephetelo Motor Vehicle Accident Fund (SMVAF).

Tender evaluation results issued by Chairman of the Procurement Committee, Martin Simelane, disclosed that the company had emerged as best evaluated tenderer with a score of 66 per cent. The total sum of money to be paid to the winning company stands at E334 500 (excluding Value Added Tax). The evaluation scores, issued in accordance the Public Procurement Act of 2011, reflect that 360 Degrees Business Solutions outsmarted four Swazi and two South African (SA) companies which were also vying for the tender.

Evaluated

The seven companies, which however did not make the cut to be selected best evaluated tenderers, were: ITISA and Esibayeni Group (both from SA), JBH Consultants, Regal Africa Solutions, Interlink Professionals and Cardio Capital.
The results issued by Simelane reflect that ITISA almost tallied with the eventual winner, as the margin between the two was only four per cent. ITISA, whose bid price at tender opening was E490 000 excluding VAT, scored 62 per cent during evaluation. The lowest evaluated tenderer was Esibayeni Group, which managed to amass only 44 per cent as their total evaluation score. Regal Africa Solutions had submitted the highest bid for the providing the service which stood at E916 560.

Submitted

The lowest bid of E114 000 had been submitted by JBH consultants who emerged third during evaluation. It should be mentioned that Simelane had previously advised that the contract award decision which had been reached by the approvals authority, did not constitute a contract. All tenderers were notified that a period of 10 working days for submission of any application for review from the date of first publication of the notice which was October 23, 2017.

Award

The tender award is against the backdrop of SMVAF’s disclosure that they cashed in nearly E100 million from fuel levies per Oil Company, in respect of fuel imported and sold in the country. The fund’s annual report for the year ended March 31, 2016 reflects that the actual value of money injected into their coffers from the fuel levy increased from E94 273 019 in 2015 to E99 794 461 in 2016. It should be mentioned that the main income received by the fund is a levy based on fuel sales known as the Motor Vehicle Accident Fund Levy. The levy income is a charge levied on fuel throughout the country, and the rate of the levy per litre is determined by the Ministry of Finance in consultation with the Ministry of Natural Resources and Energy.

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