The Road Fund was established by the Lesotho Government through Legal Notice No. 179 of 1995, and regulated under the Finance (Road Fund) Regulations 2012. The main reason for establishing the Fund, like many other countries in the world, was to shift the burden of financing maintenance of Lesotho’s road infrastructure from general taxes
collected by the central fiscus to road user fees, and to close the persistent financing gaps that characterized road maintenance prior to the establishment of the Fund.
The Employer now invites sealed bids (“Bids”) from eligible and qualified entities or persons (“Bidders”) to provide the works referenced above (the “Works”)
This Tender is open to all eligible and qualified Bidders who wish to respond to the relevant bidding documents (the “Bidding Documents”). Qualification requirements, as more complete and fully described in Section I of the Bidding Documents, include:
a) a bidder having a company registered locally in terms of the Laws of The Kingdom of Lesotho b) a bidder registered with the Building Design Services in category A or B and c) a bidder who has completed projects of similar nature in the past ten (10) years.