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TENDER DOCUMENT TENDER NUMBER’T 01 OF 2023/24TENDER DESCRIPTION:PROCUREMENT OF TRANSACTION ADVISORY SERVICES AT KṚṢṆA LOCAL MUNICIPALITY FOR A PERIOD OF THREE YEARS (03)CLOSING TIME:12H00Tender
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01
Determine the scope of the transaction advisory needed.
02
Identify potential service providers with expertise in the specific area of transaction advisory needed.
03
Request proposals from the shortlisted service providers outlining the scope of work, timelines, and cost estimates.
04
Evaluate the proposals based on credentials, experience, and proposed approach to the transaction advisory.
05
Select the most suitable service provider and negotiate the terms of the engagement.
06
Prepare a contract outlining the scope of work, deliverables, timelines, and payment terms.
07
Monitor the progress of the transaction advisory to ensure that the objectives are being met.

Who needs procurement of transaction advisory?

01
Companies looking to acquire or merge with other businesses.
02
Companies looking to divest or sell a portion of their business.
03
Private equity firms looking for assistance in managing mergers and acquisitions.
04
Financial institutions seeking advice on complex financial transactions.
05
Government agencies looking to privatize state-owned enterprises.
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Procurement of transaction advisory refers to the process of obtaining services from a third-party advisor to assist with transactions.
Entities engaging in transactions that require advisory services are required to file procurement of transaction advisory.
Procurement of transaction advisory can typically be filled out online or through a designated form provided by the relevant regulatory body.
The purpose of procurement of transaction advisory is to ensure transparency and compliance in transaction processes.
Information such as the nature of the transaction, details of the advisor, and fees paid for the advisory services must be reported on procurement of transaction advisory.
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