King Hintsa TVET College seeks a service provider for 36 months of insurance for college assets and students. Bids must be submitted by 30 September 2026 at 12:00 pm. The evaluation is three-stage: compliance, functionality (minimum 70/100 points), and pricing (80/20 preference points system). Mandatory compliance includes SARS tax clearance, company registration proof, and membership proofs with IISA, IRMSA, FSCA, and FIA. The scope covers various insurance types including assets, liability, and travel insurance.
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. 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 supplier warrants that all goods supplied under this contract shall have no defect, arising from design, materials, or workmanship except when the design and or material is required by the purchasers specifications or from any act or omission of the supplier, that may develop under normal use of the supplied goods in the conditions prevailing in the country of final destination. the supplier further warrants that all goods supplied under this contract shall have no defect, arising from design, materials, or workmanship
The stage 3 of this bid will be based on the preference points system where 80 is for price and 20 for the specific goals. the stage 3 of this bid will be based on the preference points system where 80 is for price and 20 for the specific goals.
Bidders must comply with the set of compliance requirements listed below and must submit evidence in order to be considered for evaluation. bidders must comply with the set of compliance requirements listed below and must submitevidence in order to be considered for evaluation.
A delay by the supplier in the performance of its delivery obligations shall render the supplier liable to the imposition of penalties, pursuant to gcc clause 22, unless an extension of time is agreed upon pursuant to gcc clause 21. except as provided under gcc clause 25, a delay by the supplier in the performance of itsdelivery obligations shall render the supplier liable to the imposition of penalties, pursuant to gccclause 22, unless an extension of time is agreed upon pursuant to gcc clause 21.
Failure to submit evidence will lead to immediate rejection of the bid and disqualification from the bidding process. failure to submit evidence will lead toimmediate rejection of the bid and disqualification from the bidding process.
