KCM confirms giving PF chair Chanda $700000 contract

KCM confirms giving PF chair Chanda $700000 contract

👉🏾KCM says Nathan Chanda’s company was the best bidder

👉🏾Note that this is not the real KCM. These are PF imposters and thieves currently running KCM.
👉🏾It’s a pity that a seasoned journalist like Shapi Shachinda has been reduced to a useful idiot for Milingo Lungu.

Below is statement from KCM;

CHINGOLA, 25 November 2019: Konkola Copper Mines plc (KCM) wishes to rebut claims in some sections of the media that a contract awarded to one of local companies based on the Copperbelt was improperly granted.

KCM has a Commercial Department, which superintends over the award of contracts to both local and foreign companies and contracts are awarded depending on the technical and commercial criteria set out in the company’s procurement procedures.

The Commercial Department exercises its sound judgement on contracts before seeking the final approval of the Chief Executive Officer for award of contracts. The Provisional Liquidator does not participate in bid evaluation as insinuated in one of the tabloids.

So far, all contracts that have been awarded since the announcement of the liquidation of KCM in May 2019 have been based on the competence of a bidding company. Political party affiliation of the shareholders is not one of our bid adjudication criteria.

As for the contract awarded for HDPE piping works for the KCM TD5 rehabilitation, a competitive bid process was held where the bidders were scrutinised for technical and financial competence as well as track-record for previous work of a similar nature.

The winning bidder met the criteria set out and was the best evaluated bidder having done similar works at Luanshya Copper Mines and in Kafulafuta. In addition, the bidder had the lowest adjudicated price. In the premise, they were the best evaluated bidder.

The contract was awarded in an open and competitive bid. Under the company’s policies, any company with financial capacity and technical competence is free to participate and bid for any contract at KCM.

There has been no appeal from the other bidders against the award, but if there is any evidence of impropriety in the manner of award of the contract, the aggrieved bidder is free to appeal to the Chief Executive Officer.

Issued by Shapi Shachinda
Acting General Manager Corporate Affairs

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