George Municipality seeks a service provider for short-term insurance from January 2027 to June 2029. Bidders must demonstrate relevant experience and provide valid B-BBEE certificates.
The George Municipality is inviting tenders for the provision of short-term insurance services for a period spanning from January 1, 2027, to June 30, 2029. The selected service provider will be responsible for managing the municipality's insurance portfolio, ensuring comprehensive coverage for various assets and liabilities, including but not limited to property, vehicles, and public liability. Bidders are required to submit a detailed proposal that includes their experience in handling municipal or public sector insurance portfolios, as well as their capacity to manage claims effectively.
Key requirements include the submission of valid B-BBEE certificates and proof of compliance with the Financial Advisory and Intermediary Services (FAIS) Act. The tender evaluation will be conducted in two phases: the first focusing on functionality, where a minimum score of 70 out of 100 is necessary to proceed to the second phase, which evaluates pricing and B-BBEE status. This tender represents a significant opportunity for insurance providers looking to engage with municipal contracts and contribute to the local government's risk management strategies.
This tender is suitable for insurance brokers and firms with experience in municipal or public sector insurance, particularly those capable of managing complex portfolios and providing comprehensive risk management solutions.