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November 23, 2007
No tender mercies - Somerset Hospital BEE tender conditions
The tender allows for bidding for leasehold ownership of two-thirds of the 8,5 ha site, while a broad-based Western Cape BEE group will bid for the rest
Stringent black economic empowerment (BEE) tender conditions - which will ensure that the Western Cape government and not a bidder decides who the BEE partner will be for the Somerset Hospital site - are raising the hackles of potential bidders. They say the strict rules set by the province for acquisition of the prime Cape Town waterfront property are open to abuse.
Posted by StaffWriter at November 23, 2007 2:09 PM