Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)

Regulations

Purchase

A supply chain management policy must determine the procedure for the handling, opening and recording of bids, and must -

(a)	stipulate that bids—

(i)	may be opened only in public; and

(ii)	must be opened at the same time and as soon as possible after the period for the submission of bids has expired;

(b)	confer on any bidder or member of the public the right to request that the names of the bidders who submitted bids in time must be read out and, if practical, also each bidder’s total bidding price; and

(c)	require the accounting officer—

(i)	to record in a register all bids received in time;

(ii)	to make the register available for public inspection; and

(iii)

to publish the entries in the register and the bid results on the website of the municipality or municipal entity.