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Njemi		#1 Posted : Friday, June 19, 2009 6:50:00 PM
Rank: Member Joined: 6/19/2009 Posts: 7		Hi guys.I was prequalified by Kenya power and LIghting Co. to be one of their Powerline contractors however am unable to procced since am not able to raise the performance bond required before being considered for any works. Any one interested in joining me in this venture? @
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Kaigangio		#2 Posted : Saturday, June 20, 2009 2:20:00 PM
Rank: Elder Joined: 2/27/2007 Posts: 2,768		@ njemi, how is it possible for KPLC to ask for a performance bond before they award you any contract????? i thought the value of the performance bond is dependent on the tender sum..... On the other hand,are you inviting an investor on equal partnership,or acquisition of minority/majority ownership,or just a financier???? NEVER TALK OF A RHINO IF THERE IS NO TREE NEAREBY - ZULU PROVERB *...besides, the presence of a safe alone does not signify that there is money inside...*
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