STEFANUTTI STOCKS’ E4.1M LUSIP TENDER

MBABANE – Stefanutti Stocks stands to be granted a E4.1 million tender for the provision of annual infrastructure for LUSIP.

 Swaziland Water and Agricultural Development Enterprise (SWADE) Chief Executive Officer (CEO) Samson Sithole disclosed that Stefanutti Stocks emerged as the best evaluated tenderer which could sign a contract with the enterprise for the Lower Usuthu Smallholder Development Irrigation Project (LUSIP) job.

In tender results published in accordance with the Public Procurement Act of 2011, Sithole disclosed that all six tenderers were allowed a period of 10 working days for submission of any application for review.

The tenderers were: Du Van Developers, Ultra Civils, Akuse Construction, DGSR Construction and Boab Investments.
“The contract award decision does not constitute a contract,” clarified Sithole.    

    
The evaluation results (see table) reflect that only four companies qualified while the two were disqualified by the SWADE Tender Board. The disqualified entities were DGSR Construction and Boab Investments. In terms of pricing, Stefanutti Stocks had submitted the lowest bid of E4 112 510.50. The highest bid received was from Boab Investments whose bid was E8 770 177.84. It should be mentioned that all is in order for rollout of LUSIP’s second phase valued at E2.01 billion.

The total project cost, including physical and price contingencies, was estimated at E2.01 billion net of taxes and duties.
Minister of Finance Martin Dlamini disclosed that continuation of phase II of the project would go ahead with government’s allocation of E714 million.

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