Battle over R3bn printing contract postponed
The Gauteng High Court (Pretoria) has postponed the latest round in the litigation war over SA biggest printing and distribution contract to 22 January. JSE-listed printing giants Caxton and Novus have been fighting over the lucrative deal since April 2016, when the National Treasury cancelled the original tender for school workbooks for the Department of Basic Education, says a Moneyweb report.
Bidders were called on to submit tenders for the printing, packaging and delivery of 60m school workbooks for a period of three years, with a possible two-year extension. Caxton’s CTP Limited is the major player in CTP JV, the entity that submitted the bid. Novus is the major player in the Lebone Consortium that has been the incumbent for the past seven years. The contract is said to be worth between R2bn and R3bn over three years. It was implemented in April 2017 and is set to run until March 2020 despite the on-going battle.
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