Bidders must submit a budget, as contained in Annexure B - Request for Funding Support - Page 48. The bidder must indicate other sources of funding. BIDDER REQUIREMENTS: Bidders should have a minimum of three years’ experience in running Olympiads and competitions. Bidders who have less than three years affiliation are encouraged to form a partnership / joint venture with another organisation who three or more years of experience or affiliated with a national/ internationally recognised Olympiad or Competition. The partner that has less than three years Olympiads and Competitions experience must be in a Senior position i.e. a Director or Manager of Olympiads and Competition with clear evidence that the partner is able to provide Skills Transfer. A request may be submitted for a maximum of R350 000.00 funding for both organisations. Both organisations must complete the required documentation for this tender invitation. Proof must be submitted that previous Olympiads and Competitions have been implemented by BOTH parties involved. The budget may not exceed R200 000.00 must include the management/mark-up fee as well as VAT; In terms of a joint venture or partnership, a maximum of R350 000.00 which must include the up fee as well as VAT is applicable. The full budget requirements, including the management/mark-up fee as well as VAT, are detailed on Annexure B - Request for Funding Support - Page - 47. Budgets must be fully inclusive of all costs; value added tax and other taxes and must comply with the following: Proposal price must be in South African currency and foreign exchange risk will be for the account of the service provider. Travel for private vehicle and/or institution owned vehicle to be charged up to a maximum of R3.29 per km. If catering is required - catering may not exceed a maximum of 10% of the total budget allocation Catering may only be provided should the activity exceed 5 hours . Accommodation maximum of R1000.00 per day for Bed and Breakfast. – A maximum of R150.00 per meal for subsistence. The bidder must provide till slips as proof of expense. A management / mark-up fee of to a maximum of 10% will be allowed. This fee should be calculated by adding up all expenses and indicating the subtotal. The management fee is a percentage of this sub-total and the amount indicated separately. Add both totals to get the final total for the amount applied for. Indicate the percentage you are charging. No promotional items or fixed assets (capital equipment) will be funded.
Bidders must submit a budget, as contained in Annexure B - Request for Funding Support - Page 48. The bidder must indicate other sources of funding. BIDDER REQUIREMENTS: Bidders should have a minimum of three years’ experience in running Olympiads and competitions. Bidders who have less than three years affiliation are encouraged to form a partnership / joint venture with another organisation who three or more years of experience or affiliated with a national/ internationally recognised Olympiad or Competition. The partner that has less than three years Olympiads and Competitions experience must be in a Senior position i.e. a Director or Manager of Olympiads and Competition with clear evidence that the partner is able to provide Skills Transfer. A request may be submitted for a maximum of R350 000.00 funding for both organisations. Both organisations must complete the required documentation for this tender invitation. Proof must be submitted that previous Olympiads and Competitions have been implemented by BOTH parties involved. The budget may not exceed R200 000.00 must include the management/mark-up fee as well as VAT; In terms of a joint venture or partnership, a maximum of R350 000.00 which must include the fee as well as VAT is applicable. The full budget requirements, including the management/mark-up fee as well as VAT, are detailed on Annexure B - Request for Funding Support - Page - 47. Budgets must be fully inclusive of all costs; value added tax and other taxes and must comply with the following: Proposal price must be in South African currency and foreign exchange risk will be for the account of the service provider. Travel for private vehicle and/or institution owned vehicle to be charged up to a maximum of R3.29 per km. If catering is required - catering may not exceed a maximum of 10% of the total budget allocation Catering may only be provided should the activity exceed 5 hours . Accommodation – maximum of R1000.00 per day for Bed and Breakfast. A maximum of R150.00 per meal for subsistence. The bidder must provide till slips as proof of expense. A management / mark-up fee of up to a maximum of 10% will be allowed. This fee should be calculated by adding up all expenses and indicating the subtotal. The management fee is a percentage of this sub-total and the amount indicated separately. Add both totals to get the final total for the amount applied for. Indicate the percentage you are charging. No promotional items or fixed assets (capital equipment) will be funded.