Vat on Bidders

[Dave A]

With the VAT threshold being R1 million, your tenderer is obliged to register for VAT the moment he/she/it gets the tender, surely.

I'd suggest you either have to add the 14% that the tenderer has neglected to account for in the tender to compare apples with apples and/or consider the tender submission as incomplete and proceed accordingly.

I'd also suggest that the tenderer's capacity to deliver should be looked at quite closely - but I'm sure you do that anyway?

[Molatelo Mohwasa]

Thanks Dave. I also think adding 14% would be the best than deducting it from the others.

I like this Forum thing already, if one is able to get answers so quick. I must just go through some of the things on here to pretty understand how each field works. You see, i am a old-school kinda guy and don't use these twitters and Facebooks. I guess i am missing out if these social networks can bring the world to its knees when one looks at the Arab/North African country ongoing battles.