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Expired tenders

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Court re-enforces the principles relating to expired tenders

Photo of Deniro PillayPhoto of Purnel Gangiah
By Deniro Pillay & Purnel Gangiah on June 23, 2022

In circumstances where a validity period of a tender has expired, and the tender has not been awarded, the tender process is considered “completed”, despite there being no award. Without a timeous extension of the validity period, there is no tender award capable of acceptance as the “offer” has expired.

In the City of Ekurhuleni…

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Norton Rose Fulbright’s financial institutions team provides straightforward legal updates. Our lawyers offer local insights with an international perspective recognised worldwide. This blog focuses on the South African market and is about sharing knowledge with you. Blog posts are not legal advice.

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