Financial Technology Tenders

The bid will be disqualified if this disclosure is found not to be true and complete in every respect. The bidder has arrived at the accompanying bid independently from, and without consultation, communication, agreement, or arrangement with any competitor.

The project is expected to run until 31 March 2030.

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 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 unless provided otherwise in the contract.

The bid will be awarded to a bidder who scores the total highest points on price and specific goals evaluation.

Bidders must have a minimum of five 5 years experience in project management consulting services. The project leader must have led and completed projects in the last 5 years and have a minimum of five 5 years experience in project management services. Team members must have qualifications in ICT, project management, finance, auditing, risk management, HR, education/training, and governance/legal.

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.

A compulsory briefing session will be scheduled through a video conferencing facility.

Bidders who fail to meet mandatory requirements will be disqualified. Failure to submit a valid B-BBEE certificate will result in losing preference points. Bidders that score less than 70 points out of 100 on quality evaluation will not be evaluated further on price and specific goals.

The bid proposal must be submitted by no later than 15 May 2026 at 11:00 AM and must be physically deposited in the tender box situated at the Halyard Building, Ground Floor, 4 Christiaan Barnard Street, City Centre, Cape Town, ****. The bid notice states, The bid proposal must be submitted by no later than 15 may 2026 at 11h00 and must be physically deposited in the tender box situated at the halyard building, ground floor, 4 christiaan barnard street, city centre, cape town, ****.

The method and conditions of payment to be made to the supplier under this contract shall be specified in SCC. The bid notice states, The method and conditions of payment to be made to the supplier under this contract shall be specified in scc.

The bid notice states that the 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 in SCC. The bid notice states, 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 in scc.

The bid notice states that for tenders under R50m, a maximum of 80 points will be allocated for price and a maximum of 20 points for specific goals. The bid notice states, a maximum of 80 points will be allocated for price, and a maximum of 20 points will be allocated for specific goals.

Bidders must achieve a combined minimum score of 70 for the functional evaluation criteria. The bid notice states, Bidders are required to achieve a combined minimum score of 70 for the phase 3: functional evaluation criteria evaluation criteria to be evaluated further.

The bid notice states that 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, 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.