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Africa|Building|Financial|Infrastructure|Projects|Roads|Training|Infrastructure
Africa|Building|Financial|Infrastructure|Projects|Roads|Training|Infrastructure
africa|building|financial|infrastructure|projects|roads|training|infrastructure

Sanral more than doubles value of tenders awarded in the past financial year

13th April 2023

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

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The South African National Roads Agency Limited (Sanral) has awarded 320 tenders to the value of R51-billion in the 2022/23 financial year, significantly up from the R22-billion of tenders awarded in the preceding year.

In addition to the tenders awarded by Sanral's head office and its various regional offices, a further 12 contracts above R750-million each were awarded after the Sanral board reviewed the submissions as part of its oversight role. The total value of these is R28-billion, of which the last four, awarded on March 31, are split between KwaZulu-Natal and the Eastern Cape, with award letters currently being finalised.

The board notes and reviews any tender with a value of R750-million and above, the agency noted.

"In line with Sanral’s commitment to economic transformation, at least 30% of the contract value of each tender will be subcontracted to small, medium-sized and microenterprises (SMMEs). This effectively ensures that at least R18-billion will go to SMMEs located in the various communities in which the projects will be implemented," it said.

Through these awards the roads agency continues on a positive trajectory to drive economic recovery and it should be seen as part of the broader national effort by government to invest in economic infrastructure, the agency added.

Such significant awards also enable Sanral to respond to the triple challenge of poverty, unemployment and inequality across South Africa, as large-scale job creation, skills development and knowledge transfer are key elements of economic development, it said.

Further, Sanral remains driven to break down monopolies and ensure meaningful transformation that changes people’s lives for the better.

“Our transformation efforts go beyond facilitating access to black-owned businesses. We want them to participate, grow and prosper,” said Sanral chairperson Themba Mhambi.

To this end, Sanral has embarked on an extensive training and capacity-building campaign that targets more than 40 000 SMMEs over a three-year period, and will effectively teach them to submit compliant, competitive and profitable tenders.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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