INVITATION OF BIDS FOR THE APPOINTMENT OF A SERVICE PROVIDER TO VALUATE THE STATE’S SHAREHOLDING INTEREST IN WEST COAST RESOURCES FOR A PERIOD OF THREE MONTHS.Closed

Overview

Invitation to appoint a service provider to value the State’s 20% shareholding in West Coast Resources for three months. Bidders should have expertise in asset valuation within mining/diamond assets, and personnel with relevant professional registration (Engineering, Geology, Finance, or Legal) to produce an independent valuation report and strategic options.

Requirements

• Mandatory briefing on 10 July 2026 at 10:00 (Teams).
• Project Manager must be registered with a relevant professional body and attach certified certificates.
• Gate 02 functionality: minimum 70% to progress; criteria include:
  • Company experience in valuation of diamond mineral assets (with letters not older than 10 years).
  • Academic qualifications of the Project Lead (postgraduate; Master preferred; detailed table in TOR).
  • Project Lead experience in mineral asset valuation (≥15 years).
  • Detailed CVs showing diamond-asset valuation expertise; certified and current.
  • Adequate project proposal/work plan addressing deliverables and risks.
• Administrative: complete SBD forms (SBD1, SBD4, SBD6.1) and Pricing Schedule (SBD3.3).
• Tax/CSD: SARS Tax Compliance PIN or TCS; CSD number for sole bidders or each JV party; comply with PFMA and GCC.
• All proposals must comply with the General Conditions of Contract and the 80/20/90/10 preferential framework as applicable.

How to Apply

• Submission deadline: 28 July 2026 at 11:00, in the Bid Box at Department of Mineral and Petroleum Resources, Trevena Campus, Sunnyside, Pretoria (SBD1/SBD4/SBD6.1/SBD3.3 required).
• Briefing: Mandatory briefing on 10 July 2026 at 10:00 via Microsoft Teams (Meeting ID and Passcode provided in metadata).
• Submission method: deposit bid response documents in the official Bid Box (address in SBD1).
• Documents to submit (where applicable, filename references): official bid forms (SBD1, SBD4, SBD6.1) and Pricing Schedule (SBD3.3); tax/CSD/TCS proofs; detailed CVs for key staff; project plan and inception/final reports.
• Enquiries: Tebogo Katjeni (email/phone) and Morongwa Bosoga (technical enquiries).

Notes: See attached documents for specifics: SBD1.pdf, TOR - Valuation of 20% Shareholding.pdf, SBD3 Pricing Schedule, SBD4.pdf, GCC.pdf. Bid documents available via the tender ZIP (Bid Documents - Shareholding Interest.zip).