Testing Market Related Pricing and Preparing for Market Related Price Negotiations (Half Day)

The Preferential Procurement Regulations of 2017 (sub-regulation 9(a)) require that “…if the price offered by a tenderer scoring the highest points, is not market-related, the organ of state may not award the contract….” and then provides a process for negotiating with bidders.

DATE

TBC

CLOSING DATE FOR REGISTRATION

COURSE VENUE

Online

COST

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This regulation implies that organs of state will have to test that the price is indeed market-related. How do public sector role-players determine if the price is market-related? How is the “market” defined and how does one demonstrate that the price was indeed verified to be with market norms?

This workshop provides guidelines on the determination of market-related pricing. It also looks at court cases that touch on market-related pricing. The workshop will provide guidelines that can be used by SCM role players, Bid Evaluation Committees and Bid Adjudication Committees.

Testing Market Related Pricing and Preparing for Market Related Price Negotiations

WHAT DOES THIS COURSE COVER?

  • Market/industry research and analysis in the context of Bid Invitations
  • The strategic sourcing options to be considered before embarking on a Bid Invitation process
  • A framework for organising and compiling bid invitations
  • The establishment, structure, and role of the Bid Specifications Committee (BSC)
  • Important requirements of the Preferential Procurement Regulations that influence evaluations, particularly local production and content, functionality, sub-contracting, and consortiums
  • The purpose of the General Conditions of Contract, the relationship with Special Conditions of Contract and which Standard Bid Documents (SBD’s) are required and when
  • Improve your skills in writing effective Bid Invitations by understanding important terms to include and what to avoid
  • The role of the Bid Adjudication Committee in approving specifications
  • How to check the Bid Invitation prior to submission to the Bid Adjudication Committee (particularly compliance with PPPFA requirements)

IS THIS COURSE FOR ME?

Career roles we recommend this course for:

  • Accounting Authorities
  • Accounting Officers and Senior Managers in national, provincial, and municipal government
  • Procurement and Supply Chain Managers
  • Chief Procurement Officers
  • Team Leaders
  • Supplier Relationship Managers
  • Commercial Specialists
  • Contract Managers
  • Sourcing Managers
  • Project Managers

YOUR COURSE FACILITATOR

Commerce Edge

Commerce Edge has been a leading provider of World Class Procurement and Supply Chain training since 2001. We have trained hundreds of public and private sector organisations and over 10,000 individuals on various aspects of World Class Procurement, Logistics, Operations and Planning in the context of the wider Supply Chain.

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