BID NO: 7/2022 – VALUATION OF SHARES

BID NO: 7/2022 – VALUATION OF SHARES

This document is not for sale. Any entity that requests payment must be reported at the contact person indicated in this tender.

GENERAL REQUIREMENTS

Constitution Road Wine Growers is a thriving fruit and grape farm in the Breede Valley in the Robertson area in the Western Cape Province co-owned by Robertson Winery and the Le Chassuer Worker Trust. The business is in a developmental stage where dividends has not yet been paid out. Therefore, a service provider is required to determine the value of these shares.

A suitably qualified service provider is needed to conduct a formal valuation.

The project is expected to run from 01 May 2022 to 30 June 2022.

Scope of Works:

The scope of works is described on document CPBD 4 and will include:

1. Conduct a formal valuation process in order to determine the value of the assets of Constitution Road Wine Growers. This should include all assets and liabilities, including land and moveable assets.
2. Evaluate the contributions made towards the business by each shareholder, as well as the contributions made by third parties on behalf of these shareholders. This is required to determine the impact of these kinds of contributions on the current asset value of the business. This aspect needs to be incorporated into the share purchase negotiation process to ensure that the worker’s trust is not required to pay for the contributed assets.

Documents are available at Casidra SOC Ltd, 22 Louws Avenue, Southern Paarl.  Documents can also be obtained from Miss Tasneem Daniels via email on tdaniels@casidra.co.za  and for technical enquiries contact Mr Belvin Namoobe via email on bnamoobe@casidra.co.za  

Documents for the purpose of this bid include:

1. General Requirements (Form CPBD 1 – this document)
2. Conditions to Submit Bid (Form CPBD 2.2) or Standard Conditions of Contract can be viewed on the Casidra website at www. Casidra.co.za
3. Price Form, Bill of Quantities and Schedules (Form CPBD 3.1 (Lump Sum))
4. Scope of Works (Form CPBD 4)
5. PPP Evaluation Form (Form CBD 5.1 (80/20))
6. Bank Entity Form (Form CBD 7), unless the company banking information indicate “verified” on the CSD.

 In accordance with Casidra’s Preferential Procurement Policy, BEE certified bids will receive preferential scores.

The successful bidder will be required to fill in and sign a Service Level Agreement (CPBD 8).

BID DEADLINE:  The closing date for the bid is 28 April 2022 strictly at 12H00.

Bids must be submitted in a sealed envelope with the name of the bidder and the inscription “CONSTITUTION ROAD WINE GROWERS PTY (LTD) VALUATION,  BID NO. 7/2022” and placed in the bid box available at Reception of Casidra’s Head Office, 22 Louws Avenue, Southern Paarl.  No faxed, counter-to-counter courier or posted bids will be accepted.

The following documents and fully completed and signed CBD or CPBD forms, as supplied, must be valid for a period of 60 calendar days after closure of the bid and submitted as a bid packet:

1. CPBD 1 – Complete total bid amount and initial each page.
2. CPBD 2.1 – initial each page.
3. A completed and signed project bid form CPBD 3.1, including

• • Bid amount and unit rates,
  • Any changes made by the bidder,
  • Contact details of three work-related references that are qualified to comment on work,
  • Project schedule and cash flow projection,
  • A detailed company profile, including the core competencies and CV’s of project team members and relevant years of experience,

4. Completed and signed CPBD 5.1.(Tax Compliance and registration on CSD is compulsory for the principle and subcontractors).
5. Bank Entity (CBD 7), unless the company banking information indicate “verified” on the CSD.
6. A copy of the companies BEE certificate or sworn affidavit as required by CBD 5.1. (Not compulsory)

All technical enquiries can be referred to Mr. B. Namoobe at (021) 863 5000 or 082 465 0524.