LETTER OF INTENT

To Mndayi Civils cc From Precious Macu

Your ref Letter of intent HW Ref M1000
No Of Pages 1 Date 04/09/2019

This serves to confirm that we are the brokers to the below mentioned client and therefore confirm that should our
client be awarded the below mentioned contract we will arrange Contract Works, Public Liability and Sasria
insurances and necessary Guarantee.

Client Umngeni Water

Expression of interest for invitation of general building contractors for inclusion on
Project Name Umngeni water enterprise and supplier development programme.
Project Number 2019/227
Period TBA
Estimated contract value TBA
Type insurance Contract Works and Public Liability
Guarantee Amount 10% of Contract Value
Guarantee Type Construction Guarantee
Insured/ Contractor Mndayi Civils cc
Additional Comments: Please note this letter of intent does not constitute a guarantee and does not involve HW
Brokers in any Liability whatsoever and this is subject to meeting our security and underwriting requirements.

Kind Regards

Precious Macu
precious@hwbrokers.co.za
B-BBEE Contributor Level 2