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MBD 6.2 LOCAL CONTENT CERTIFICATE

1 MBD DECLARATION CERTIFICATE FOR LOCAL PRODUCTION AND CONTENT This Municipal Bidding Document (MBD) must form part of all bids invited. It contains general information and serves as a declaration form for LOCAL CONTENT ( LOCAL production and LOCAL CONTENT are used interchangeably). Before completing this declaration, bidders must study the General Conditions, Definitions, Directives applicable in respect of LOCAL CONTENT as prescribed in the Preferential Procurement Regulations, 2011 and the South African Bureau of Standards (SABS) approved technical specification number SATS 1286:201x. 1. General Conditions Preferential Procurement Regulations, 2011 (Regulation 9.(1) and 9.(3) make provision for the promotion of LOCAL production and CONTENT .)

LC = 1 x 100 Where x imported content y bid price excluding value added tax (VAT) Prices referred to in the determination of x must be converted to Rand (ZAR) by using the exchange rate published by the South African Reserve Bank (SARB) at 12:00 on the date, one week (7 calendar days) prior to the closing date of the bid as

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Transcription of MBD 6.2 LOCAL CONTENT CERTIFICATE

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