Share

Companies vie for R40bn lottery contract

Cape Town - Eighteen companies are vying for the national lottery operator contract valued at R40bn, the National Lotteries Board (NLB) said on Tuesday.

"The focus for the third licence period is a more African lottery that responds to our government's call to address localisation issues," NLB chairperson Alfred Nevhutanda said.

"Bidding companies have to demonstrate a commitment to align their operations to the procurement act, information technology regulations, broad based black economic empowerment principles, and to empower local businesses by expanding the lottery footprint."

Applicants were encouraged to use state-owned enterprises such as the government printer and Telkom in operations.

The 18 companies had all purchased the request for proposal document - at R50 000 each - which outlined the procedure to bid for the contract, spokesperson Sershan Naidoo said.

"All parties in possession of the request for proposal document will access additional information and communicate with the NLB through the secure and access-controlled virtual data room," Naidoo said.

Interested parties would then submit their "fit and proper" details and a declaration of interest by the end of the month.

Completed applications had to be submitted by the end of November, with an accompanying non-refundable fee of R2.5m. The successful bidder would be announced at the end of August 2014.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.01
+1.1%
Rand - Pound
23.79
+0.7%
Rand - Euro
20.40
+0.8%
Rand - Aus dollar
12.40
+0.7%
Rand - Yen
0.12
+1.2%
Platinum
925.50
+1.5%
Palladium
989.50
-1.5%
Gold
2,331.85
+0.7%
Silver
27.41
+0.9%
Brent Crude
88.02
-0.5%
Top 40
68,437
-0.2%
All Share
74,329
-0.3%
Resource 10
62,119
+2.7%
Industrial 25
102,531
-1.5%
Financial 15
15,802
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders