QUESTION 3 [14 MARKS] Thandi is a Procurement Manager at OMT Cellular Networks. For their fibre installation project, the company requires a digger. The once-off direct cost of a digger is R1 000 000,00 (One million rand). Also, the once-off indirect cost of procuring it R100 000,00 (one hundred thousand rand). If OMT decides to hire it from Hire Me (Pty) Ltd, they will pay R600 000,00 (six hundred thousand rand) as deposit/down payment and R120 000,00 (one hundred and twenty thousand rand) per month. 3.1. Advise Thandi on the duration (in months) within which it is desirable to hire than buy? Show all calculations. (8) 3.2. If Thandi requires the same digger for another concurrent project running for 10 months in which the same digger is required, would you advise the company to buy or hire? Show calculations and give reason(s) for your answer. (6) II The COVID- 19 presented a huge danger to public health. The different Provincial Government Departments in South Africa emergently responded by procuring personal protective equipment. Zhaing, a PPE manufacturing company wishes to approach the government with a proposal. They intend to get into a public-private partnership (PPP) arrangement with the Government of South Africa in which Zhaing designs, builds and operates the PPE manufacturing plant in South Africa. After 10 years, they transfer the PPE plant ownership to the government. Select, describe and explain the ideal procurement model used for procurement of PPEs. (2+4+4=8)