Financial Update 

We still need approximately R3m for the completion of the construction. Below is a summary of the current status:

Monthly operations

Total cost for operation of the initiative on a monthly basis is estimated at R563,000 broken down as per below:

Debit Order

How much is the debit order? 

R 650-00 pm

We are confident that at least 65% of the residents will be contributing R650 per month.  If we are able to get this number higher we are able to reduce this monthly amount accordingly i.e. if we could get 75% contribution then monthly could be about R550. 

When does it start? 

1 March 2022 for start of operation on 1 April. We need to start the debit orders on 1 March and have the funds in the bank (i.e.debit orders in place) before we can commit to the guarding services on 1 April. 

What does the debit order cover?

Guards, CCTV monitoring, maintenance and insurance, Estate Manager, Levy Administration and Bookkeeping by Paxton, Annual Audit fees, Insurance and Public liability cover for our own NPC, Provision for  our re-application, gate administration, Streetsafe management and a Reserve fund.

This amount does not include armed response. We are still negotiating  armed response monthly amounts from the current providers – this will be in the order of R350 per month. 

How do I sign up for a debit order? 

Documentation on the website, via street captains, at the on site control room in Crown Street, at each guard house.  Here is the link to the debit order form.

How can I cancel my debit order? 

In writing to our administrators Paxton Cerva or contact your bank. Most banks also have the debit order cancel option on their mobile apps. 

If Debit Order is not for you then please consider paying by scheduled monthly EFT. Account details here

Appointment of the guarding and CCTV contracts

Tender process

Safe Waterkloof sent out an invitation to propose on the Guarding and CCTV contracts on 2 April 2021 with a closing date of 5pm on 13 May 2021. 

The original tender documents and specifications can be found here 

  • Guarding
  • CCTV

The following companies were invited for Guarding 

  • Axon 
  • CSI
  • DCM
  • Interactive
  • Fidelity
  • Liquid Gold Security 
  • Securezza
  • TR Group 

The following were invited for CCTV:

  • CSI
  • Ditaba CMS
  • Fidelity
  • Gentech
  • TR Group 
  • Vox 

Shortlisting

Tender packs were prepared by Streetsafe on 7th June 2021. 

The following companies were shortlisted for Presentation. Presentations were given to the committee on 2021-07-27

For Guarding 

  • Axon
  • CSI 
  • Interactive 
  • Fidelity 

For CCTV

  • Fidelity 
  • Vox 

Shortlist presentation

Another presentation was given to including the Stella representatives on 2021-10-25 from the following companies 

  • Axon
  • CSI
  • Fidelity
  • Interactive 

Contract Award

After an extensive decision process Fidelity have been appointed for the guarding and CCTV contracts.

Tomorrow’s newsletter will discuss the interim and operating of the gates.

Regards

Safewaterkloof Team