This is a Request for Bid (RFB) from the South African Qualifications Authority (SAQA) for the provision of insurance brokering services for a period of 60 months. The closing date for submissions is 10 April 2026 at 11:00. Bids must be hand-delivered to the SAQA Tender Box. Enquiries should be directed in writing to ***@***. *. * tender will be evaluated in stages: administrative, mandatory, functionality, and price and specific goals. Mandatory criteria include valid proof of registration with FSCA/FSP, company profile with 5+ years experience, confirmation of agency agreements with insurers, and proof of public sector experience. Functionality evaluation requires bidders to score at least 80 points, with criteria including relevant experience, CV of the manager/director/broker, claim management reports, and client portal availability. The price and specific goals evaluation will use an 80/20 system, with 20 points allocated for specific goals such as Black ownership and Women ownership. Bidders must submit original and valid BBBEE status level verification certificates or sworn affidavits. Late bids will not be accepted. Bidders are advised to dispatch bids allowing for unforeseen delays. All bid documents and correspondence must be in English. Failure to comply with any requirement may render the bid invalid.
The bid closing date and time is 10 April 2026 at 11:00. Bids arriving late will not be accepted under any circumstances.
Invoices submitted by the bidder shall comply with all SAQA's requirements. All amounts payable by SAQA to the bidder for delivery of the services shall be paid by electronic transfer into the official bank account of the bidder.
The bids will be evaluated based on administrative evaluation, mandatory evaluation, functionality, and price and specific goals evaluation (80/20 system).
Bidders must provide valid proof of registration with the Financial Services Conduct Authority (FSCA) or Financial Services Provider (FSP), a company profile indicating 5 or more years of experience in brokering services, confirmation of agency agreements with insurers, and at least one letter from the public sector as proof of public sector experience.
SAQA shall be entitled, without prejudice to any other remedies, to deduct from any monies payable to the bidder, an amount equivalent to the value of any substandard performance or non-performance of any or all of the services by the bidder.
There is no briefing session mentioned for this tender.
The bid notice does not mention the submission of samples.
Bidders may direct written inquiries regarding the RFB up to 25 March 2026 and SAQA will respond by 31 March 2026.
The estimated total value is not explicitly stated in the tender notice.