Transnet cancels loco tender due to irregularities

The statement continued: “Whilst the effects of the economic downturn on rail volumes – particularly in Freight Rail’s general freight business – have impacted on the locomotive acquisition strategy, it remains the intention of the Company to re-issue the tender for the supply of 212 and, most probably, a higher quantity than this in the future based on operational requirements.

“Our decision to withdraw the 212 tender was not taken lightly. … In discharging our responsibility in terms of the Public Finance Management Act, it is vitally important that our tender processes are fair, equitable, transparent and cost-effective to ensure that all stakeholders have the required level of confidence in our procurement processes.

“Meantime though, we have issued a tender for the quick delivery of 100 locomotives. This tender, which is separate and distinct from the 212, closes on 10 March 2009.”