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Unsolicited bids have role to play

29th March 2019

By: Tasneem Bulbulia

Deputy Editor Online

     

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Unsolicited bids do have a role to play in African infrastructure procurement, but do come with risks.

During a panel discussion at Pinsent Masons’ Africa Infrastructure Conference, held in Johannesburg, a panel of speakers pointed out that unsolicited bids in infrastructure were regulated as part of concession law. It was permissible in many African countries to procure large infrastructure projects through such infrastructure bids.

Unsolicited bids had been successful mainly in the energy environment, as the turnaround time to implement energy projects was much faster than, for example, building a road.

The panel noted that unsolicited bids could bring about greater efficiency and discipline in infrastructure project delivery, but that political and perception risks could hamper such projects.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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