How a tender 'error' swung two Eskom contracts worth R341m to the more expensive bidder
Cape Business News May 27, 2021 According to MoneyWeb The losing bidder, Instrument Transformer Technologies, faces liquidation as a result. One of just two local manufacturers of electrical transformers says it faces liquidation after a procurement team at Eskom handed two contracts worth R341 million to the more expensive bidder, which it says should have rightfully have gone to it. That much is not in dispute. Eskom’s own lawyers have admitted that three contracts for the supply of electrical transformers were awarded to Actom, even though it was more expensive on two of the ...
Source: cbn.co.za