Mandeni Municipality seeks qualified service providers for the provision and management of a short-term insurance portfolio for a duration of 36 months. Bidders must attend a compulsory clarification meeting and submit sealed bids by the specified deadline.
The Mandeni Municipality is inviting bids for the provision and management of a comprehensive short-term insurance portfolio over a period of 36 months. This tender aims to secure a reliable insurance partner to cover various municipal assets and liabilities, ensuring financial protection and risk management for the municipality's operations. Bidders are required to demonstrate their expertise in managing similar portfolios, provide audited financial statements, and comply with the Municipal Supply Chain Management regulations.
A compulsory clarification meeting will be held for all interested bidders, where they will have the opportunity to discuss the tender requirements and seek clarification on any aspects of the bid. The evaluation process will follow the PPPFA Regulations 2022, focusing on specific goals that promote local enterprises, black ownership, and inclusivity. Bidders must ensure that their submissions are compliant with all outlined conditions and are submitted by the deadline to be considered for this essential municipal service.
This tender is suitable for insurance companies and brokers with experience in managing short-term insurance portfolios, particularly those with a focus on municipal or public sector clients. Businesses that meet the criteria for local enterprise development and have strong financial standing are encouraged to apply.