RE: Decent buys31 Oct 2018 10:23
I think if anyone started articulating their thoughts on timescales Boff they'd be accused of clapping. However, the RNS gives the following
The procurement process and status is outlined below:
"Stage 1: Submission of a TQD, in response to RFQ, by 19 October 2018 followed by RFQ pre-qualification notification to successful applicants"
Its not uncommon in an RFQ there would be a date by which applicants can expect a response. If there was one we haven't been told it and if we were would we expect Tanesco to meet it? However, I suspect the challenge here is that Tanesco would not have know how many responses to expect as it was open ended and not sent to a list of potential respondents
"A definitive date for completion of Stage 1 is expected from TANESCO before the end of 2018."
Not much to go on. So stage 1 should be complete by end of the year? Stage 2 will depend on how many they take forward. I still think though this has been or will be an exercise to rule out a load of projects and focus on those like KIBO that are much better placed to proceed and be successful.