suitable and capable service providers are invited to bid for supply and letting of suitable office

Tender Detail : suitable and capable service providers are invited to bid for supply and letting of suitable office accommodation for the department of public works: kwazulu-natal on behalf of the department of agriculture and rural development: stanger: procurement of a suitable office of the extent of 546m² plus 20- 25% (136.5m²) non-assignable space totalling to 682.5m², plus 07 lock up parking bays, 14 under cover parking bays , 02 open parking bays and 01 parking for disabled people for a period of 05 years, with an option to extend for a further 04 years and 11 months. should the department exercise the extended option period, the first year (year six-06) of the option period will revert to the rate/m2 of year one rental of the initial lease in terms of this lease and there will be no escalation effected during the extended term of the lease