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Evaluating and assessing the effectiveness of the bidding process for state-owned entities
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Evaluating and assessing the effectiveness of the bidding process for state-owned entities
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Journal Article
Evaluating and assessing the effectiveness of the bidding process for state-owned entities
2025
Overview
BackgroundThe effectiveness of the bidding process for state-owned entities (SOEs) in South Africa is crucial for efficient resource allocation and service delivery. It is communal information and the government’s acknowledgement that the existing procurement practices used at SOEs are outdated and are confronted with countless difficulties, including conflicts of interest, corruption, fronting, theft, inflated prices, a lack of standardisation, ineffective processes, and a deficiency of suitable controls.AimThis case study investigates the bidding process in the Richards Bay Industrial Development Zone (RBIDZ) to assess its alignment with the principles of fairness, transparency, equitability, cost-effectiveness and a competitive bidding process outlined in Section 217 of the Constitution.SettingThis setting relates to the bidding process in SOEs to align with the legislative framework to improve public sector performance and service delivery.MethodsThe study used a quantitative research design using a questionnaire with 25 key stakeholders.ResultsThe findings signify the importance of effective communication, the value of briefing and debriefing sessions, and the need for alignment with international best practices to contribute to the effectiveness of the bidding process.ConclusionThe research recommends integrating digital technologies, fostering stakeholder collaboration, and adhering to international best practices to enhance bidding processes in SOEs. It also advises policymakers to invest in digital infrastructure, bolster cybersecurity, offer stakeholder training, and develop a digital procurement framework.ContributionThis empirical investigation contributes to an understanding of the role of the bidding process within the context of SOEs.
Publisher
AOSIS,African Online Scientific Information Systems (Pty) Ltd t/a AOSIS,AOSIS (Pty) Ltd
