Document background
The Bid Waiver is a crucial document in South African procurement processes, used when standard competitive bidding procedures need to be bypassed due to exceptional circumstances. It is required under the Public Finance Management Act (PFMA) and related Treasury regulations when entities seek to procure goods or services through direct negotiation with a single supplier. The document must provide comprehensive justification for the deviation, demonstrate value for money, and ensure compliance with constitutional procurement principles. A Bid Waiver typically includes detailed risk assessments, financial implications, supplier credentials, and declarations of interest. It is particularly relevant in emergency situations, cases of sole supplier availability, or when intellectual property rights restrict competition. The document requires multiple levels of review and approval, reflecting South Africa's commitment to transparent and accountable procurement practices.
