Activity

Dates

Date of First Advertisement of Invitation to Bid

29^th October 2002

Registration of Interest, vetting of bidders, signing of Confidentiality Agreement, registration payment and receipt of Information Memorandum and Bid Documents

From 29^th October 2002

Due diligence investigation and inspections

From date of registration of interest

Meeting between bidders and DPE

2nd December 2002

Date of Closure for Receipt of Bids

10^th December 2002

Opening of Commercial/Technical Part of Bids

10^th December 2002

Completion of examination for compliance and evaluation report on Commercial/Technical Part of Bids.

16^th December 2002

Inform Bidders who have been unsuccessful in the Commercial/Technical Part of the Bid and return of unopened Financial/Price Part of Bids to those unsuccessful bidders.

17^th December 2002

Opening of Financial/Price Part of Bids from qualifying bidders

19^th December 2002

Completion of examination for compliance and evaluation report on Financial/Price Part of Bids

27^th December 2002

Submission of Final Evaluation Report and Recommendation of Preferred Bidder to GoO

28^th December 2002

GoO decision on Preferred Bidder

24^th January 2003

Inform Preferred Bidder

25^th January 2003

Negotiation and execution of Sale and Purchase Agreement together with payment of contractual deposit

21^st February 2003

Completion of sale and hand-over of business

31^st March 2003