Road Construction Businesses for sale in South Africa

Confirm the contractor's current CIDB class and grade against each public-sector tender and contract. Check expiry, pending upgrades and whether the transaction structure changes the registered entity, financial capability or works capability relied upon for eligibility.

Review assignment, change-of-control, performance security, key-person, subcontracting and termination clauses. Obtain client approvals where required and assess whether tender qualifications, B-BBEE commitments or joint-venture arrangements remain satisfied under the proposed ownership.

Inspect construction work permits where applicable, site-specific plans, appointments, medical fitness, traffic accommodation, plant inspections and incident reports. Compare files with active sites and investigate prohibition notices, injuries and unresolved client audit findings.

Physically inspect graders, rollers, pavers, crushers, trucks and attachments against serial numbers, finance, hours and maintenance records. Price overdue rebuilds, tyres and replacements, and separate owned equipment from hired or joint-venture assets.

Review material sources, mix designs, laboratory results, density and compaction tests, survey records, engineer certificates and rejected work. Reconcile certified quantities to invoices, retentions and cash receipts, including disputed variations and remedial obligations.

Verify authorisations for borrow pits, quarries, crushing, water use, vegetation clearance and waste where relevant. Mining permits are not transferable, so confirm lawful material supply and replacement arrangements before valuing vertically integrated sources.