This tender seeks qualified service providers to manage payroll services for unemployed learners, covering stipends and Unemployment Insurance Fund (UiF) contributions. The contract duration is one week, with a closing date for submissions on March 16, 2026.
The Banking Sector Education and Training Authority is inviting tenders for comprehensive payroll services specifically tailored for unemployed learners. This includes the administration of stipends and the management of contributions to the Unemployment Insurance Fund (UiF). The successful bidder will be responsible for ensuring accurate and timely payroll processing, compliance with relevant regulations, and effective communication with stakeholders involved in the stipend distribution process.
The scope of work encompasses the preparation of payroll schedules, calculation of stipends, deductions for UiF, and the provision of detailed reports to the authority. Service providers must demonstrate experience in payroll management, particularly within the context of educational or training programs. The ability to handle sensitive information with confidentiality and adhere to strict deadlines is essential. This tender represents an opportunity for businesses to contribute to the development of unemployed learners while ensuring compliance with national labor regulations.
This tender is suitable for payroll service providers, financial management firms, and companies with expertise in administering stipends and compliance with unemployment insurance regulations. Businesses with experience in the education sector or working with government contracts are particularly encouraged to apply.