Document SRC-0134
Agenda: Council meeting 2025-07-30
- Retrieved
- 4 November 2026
- Archived copy
- An archived copy is held by the project
Original document
Claims citing this document
- VerifiedEditor-approved On 30 Jul 2025, after an ANC caucus (12:35 to 12:40), Council resolved by 'majority vote with 1 abstention' on the Eikestad parking PPP: it noted the detailed Traffic Impact Assessment and approved 'the distribution and market engagement phase' of the Expression of Interest (EOI); the Request for Proposals is to come back to Council for further public participation and a final decision, and 'National and Provincial Treasury approval of the RFP and Public Private Partnership Agreement is required, prior to releasing the RFP to the market'.
- VerifiedEditor-approved The 30 Jul 2025 council item states that 'Provincial and National Treasury had provided approval for the Municipality to proceed to the Request for Proposal stage', and that 'There are no direct financial implications for the Municipality. The ultimate awarded bidder will finance, construct and operate the facility.'
- VerifiedEditor-approved The draft Expression of Interest annexed to the 30 Jul 2025 item (EOI no. STMPPPEOI002) gives an indicative timeline of RFP issue in November 2025, bid submission in April 2026 and a preferred bidder in July 2026, with financial close six to eight months later and operation 12-24 months after that, 'by no means exhaustive or final'. It states a 20- to 25-year concession, construction within 24 months of contract signing with a first phase of 300 bays within 12 months, and that the current facility has 'about 250 parking spaces at at-grade level'. The EOI closing date was left blank ('Add Date').