Breede Valley Municipality seeks tenders for short term insurance services valid until 30 June 2029. Eligible providers must comply with financial regulations and submit proof of registration with the FSCA.
The Breede Valley Municipality invites qualified service providers to submit tenders for the provision of short term insurance services, effective until 30 June 2029. This tender aims to secure comprehensive insurance coverage for municipal assets and liabilities, ensuring financial protection against unforeseen events. Interested bidders must collect bid documents from the Supply Chain Management Offices, with a non-refundable fee applicable for hard copies. Electronic copies are available at no cost upon request.
Eligible bidders must demonstrate compliance with the Financial Advisory and Intermediary Services Act and must be registered with the Financial Sector Conduct Authority (FSCA). Submissions must include proof of compliance, as failure to provide adequate documentation will result in disqualification. The tender process emphasizes transparency and fairness, with the municipality reserving the right to accept any tender that meets its criteria, including the possibility of accepting multiple tenders. All bids must be submitted in sealed envelopes by the specified closing date, and late submissions will not be considered.
This tender is suitable for insurance companies and financial service providers that are compliant with South African regulations and have experience in providing short term insurance solutions for public sector entities.