Question NW2441 to the Minister of Transport

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15 September 2017 - NW2441

Profile picture: Mulaudzi, Adv TE

Mulaudzi, Adv TE to ask the Minister of Transport

With reference to the annexure to his reply to question 1875 on 3 July 2017 regarding transaction advisers, what was the monetary value of the following tenders for which transaction advisers were used by the Passenger Rail Agency of South Africa, (a) Smec/Vela VK for the Rolling Stock and Depot Upgrade 2013-2014 (HO/EPMO/023/08/2011), (b) Gibb for the Rolling Stock and Depot Upgrade 2013-2014 (HO/EPMO/023/08/2011), (c) KPMG for the Rolling Stock and Depot Upgrade 2013-2014 (HO/EPMO/023/08/2011), and (d) Ledwaba Mazwai Attorneys for the Rolling Stock and Depot Upgrade 2013-2014 (HO/EPMO/023/08/2011)?

Reply:

Monetary value paid for Rolling Stock and Depot Upgrade number HO/EPMO/023/08/2011:

Transaction Advisers

Tender

Monetary Value of Tender

Amount paid to Transaction Advisor

Transaction Advisory Cost as % of Tender

a) SMEC/Vela VKE

Modernisation of Braamfontein Depot

2 300 000 000

4 363 783

 

b) GIBB

   

4 363 783

 

(c)KPMG

   

3 888 574

 

(d)Ledwaba Mazwai

   

12 540 000

 
   

2 300 000 000

25 156 141

1.09%

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