Theft Insurance Tenders

The bid states that bids must be placed in the bid box, 4th floor, 32 govan mbeki avenue, gqeberha, before 12h00noon on monday, 23 february 2026.

The evaluation criteria is **** preference points system, where 80 points will be used for price and 10 points will be allocated for locality, and 10 points will be allocatedfor bbbee status level of contribution.

Potential bidders must be licensed as a financial services provider in terms of section 8 of the financial advisory and intermediary services act act no. 37 of **** to provide shortterm insurance.

A compulsory briefing meeting with the representative of the municipality will be held at 11h00 on thursday, 29 january 2026, in committee room 1, 6th floor, 32 govan mbeki avenue, gqeberha. Failure to attend will result in disqualification.

The objection closing date 14 days after award will be stipulated.

The value of this bid is estimated not to exceed r50 000 000 vat inclusive for a threeyear period.

The contract will be valid for a period of twelve 12 months.

Payment will be made in accordance with section 381f and 764b of the pfma and treasury regulations **** 8. 2. 3 within 30 days from receipt of invoice after completion of deliverables.

Qualifying bids are ranked on price and specific goals points claimed in the following manner: i price with the lowest priced bid receiving the highest price score as set out in the preferential procurement regulations 2022. ii preference preference points are allocated in accordance with the preferential procurement policy framework act act 5 of **** and its regulations 2022 as claimed in the specific goals claim form sbd 6. 1 are added to the price ranking scores.

The following technical functional requirements which are mandatory must be complied with by the bidder. Please note that bidders will not be evaluated further if they do not provide evidence confirming compliance with any of the specified mandatory requirements. technical mandatory complynot comply registration as a financial service provider proof of registration with: fsca financial sector conduct authority as a registered financial service provider fsp experience of bidder proof of bidders experience with minimum 5 years experience as an insurance brokercompany for south african clients. please provide a company profile to articulate the number of years of experience as an insurance brokercompany for south african clients experience of team leader proof of a team leader who will be responsible for executing the project and has at least 5 years of experience in servicing clients portfolios. please provide copies of cvs with the experience of the team leader reference letters please provide minimum of 2 signed letters from clients confirming similar work performed within the last 10 years.

Briefing sessionsite visitdate: 24 october 2025time: 10: 00amvenue: ms teams: join the meeting now meeting id: 322 061 779 088 4 passcode: u6gj2jg7compulsorynon compulsory: only bidders who attend the scheduled briefing session will becompulsory granted access to the mhsc documents.

The mhsc may where applicable request samples from the bidders to confirm capability.

The submission deadline is August 18, 2025, 15:00:00.

Payment terms are 30 days after statement.

All bids will be evaluated on a points system based on weighted average score for price and preference as per preferential procurement framework act of **** act 5 of ****.

Bidders must meet specific requirements, including liability insurance, quality management system, risk plan, and company profile.

The minimum estimated value of goods to be transported is R150 million per annum.