The Siyanda District Municipality (SDM) reported that a supply chain management policy is fully implemented and it is reviewed on yearly basis. The SDM reported that the bid committee is comprised of directors only as prescript by legislation. The SDM told the Committees that budget and treasury office (BTO) was established in October 2009. The SDM said that, due to the importance of and willingness to comply with all legislative frameworks, a position of Deputy Chief Financial Officer (CFO) was created. The SDM said that the BTO is fully staffed, and compilation and submission of financial reports is its responsibility. The SDM reported that section 71 (of the MFMA) reports are submitted timeously to Provincial Treasury and the new format of reporting is adhered to. The SDM added that, for three consecutive years, annual financial statements were submitted timeously. Furthermore, the SDM reported that section 21 of Municipal Systems Act, Number 32 of 2000 and section 127(5) of MFMA, Number 56 of 2003 are adhered to. The SDM reported that the 2008/09 annual report is currently available on its website and hard copies are kept in its offices for public 'consumption'; and that the final approval of the 2009/10 annual report will be on 25 March 2010.