Charter Tenders

The bid notice states that the services are to be provided for a period of three months starting from the 1st of April 2026 to 30 June 2026.

The bid notice states that the payment term is 30 days in arrears upon receipt of a valid invoice.

The bid notice states that The university does not bind itself to accept the lowest bid and reserves the right to accept the whole or part of any bid. and MUT will not necessarily accept the lowest quotation in part or full, it will be MUTs discretion to appoint the most suitable service provider who will add value to MUT.

The bid notice requires bidders to submit a valid tax certificate or pin, proof of valid companies registration document cipc, and valid proof of membership with south african institute of chartered accountants as the firm of chartered accountantsas an individual. It also specifies that the key personnel must have a elevant minimum of nqf level 7, registered member as a casa with experience in ifrs and for public sector including public entities of 10 years and above experience.

The bid notice states that if iwe withdraw myour rfq within the period for which iwe have agreed that the rfq should remain open for acceptance or fail to fulfil the contract when called upon to do so, mangosuthu university of technology may without prejudice to its other rights, agree to the withdrawal of myor rfq or cancel the contract that may have been entered into between meus and mangosuthu university of technology and iwe will then pay to mangosuthu university of technology any additional expense incurred by mangosuthu university of technology having either to accept any less favourable rfq or fresh rfqs have to be invited, the additional expenditure incurred by the invitation of fresh rfq and by the subsequent acceptance of any less favourable rfq, mangosuthu university of technology shall also have the right to recover such additional expenditure by setoff against moneys which may be due or become to meus under this or any other rfq or contact or against any guarantee or deposit that have been furnished by meus or on myour behalf for the due fulfilment of this or any other rfq or contract and pending the ascertainment of the amount of such additional expenditure to retain such moneys, guarantee or deposit as security for any loss mangosuthu university of technology may sustain by reason of myour default.

The bid notice states that if you are not contacted within 90 working days after the closing date of the quotation, consider your tender unsuccessful.