Financing Services Tenders

The bid notice states that the closing date for the tender is Thursday, 09 April 2026, at 12:00 PM.

The bid notice states that payments shall be made promptly by the purchaser, but in no case later than thirty 30 days after submission of an invoice or claim by the supplier.

The bid notice states that the supplier warrants that the goods supplied under the contract are new, unused, of the most recent or current models, and that they incorporate all recent improvements in design and materials. This warranty shall remain valid for twelve 12 months after the goods, or any portion thereof as the case may be, have been delivered to and accepted at the final destination indicated in the contract, or for eighteen 18 months after the date of shipment from the port or place of loading in the source country, whichever period concludes earlier, unless specified otherwise.

The bid notice states that tenders will be evaluated and adjudicated in terms of the preferential procurement policy framework act act 5 of ****, the preferential procurement regulations and the kareeberg municipalitys supply chain management policy, for which 80 points will be allocated in respect of price and 20 points in respect of preference. The municipality does not bind itself to accepting the lowest bid or award a contract to the bidder scoring the highest number of points.

The bid notice states that it is expected of all prospective service providers who are not yet registered on the CSD to register without delay. The municipality reserves the right not to award tenders to prospective suppliers who are not registered on the CSD.

The bid notice states that subject to GCC clause 25, if the supplier fails to deliver any or all of the goods or to perform the services within the periods specified in the contract, the purchaser shall, without prejudice to its other remedies under the contract, deduct from the contract price, as a penalty, a sum calculated on the delivered price of the delayed goods or unperformed services using the current prime interest rate calculated for each day of the delay until actual delivery or performance.

The bid notice states that samples, if requested, are to be provided to the municipality with the tender document.

The auditor would need to provide the final report to the MBDA within seven days after appointment.

Payment will be made within 30 days from receipt of a valid invoice, accompanied by a statement of account.

The quotes will be evaluated on the 80/20 price and specific goals as per MBD 6. 1 attached.

Applicants must be registered with IRBA.

The award criterion is based on price and specific goals, with a maximum of 80 points for price and 20 points for specific goals (BB-BEE), totaling 100 points. The maximum points for this tender are allocated as follows: points price 80 specific goals bbbee 20 total points for price and specific 100 goals

Bidders must have a tax compliant status either on the central supplier database (CSD) of the National Treasury or SARS eFiling prior to appointment/award of the bid. All prospective bidders must have a tax compliant status either on the central supplier database csd of the national treasury or sars efiling prior to appointmentaward of the bid.

Bids that are suspicious will be reported to the Competition Commission for investigation and possible imposition of administrative penalties. Bids that are suspicious will be reported to the competition commission for investigation and possible imposition of administrative penalties in terms of section 59 of the competition act no 89 of **** and or may be reported to the national prosecuting authority npa for criminal investigation and or may be restricted from conducting business with the public sector for a period not exceeding ten 10 years in terms of the prevention and combating of corrupt activities act no 12 of **** or any other applicable legislation.