The Makhado Local Municipality invites bids for the provision of short-term insurance services for a one-year period. Bidders must provide proof of registration with the Financial Sector Conduct Authority (FSCA) and attend a compulsory briefing session.
The Makhado Local Municipality seeks qualified service providers to deliver short-term insurance services for a duration of one year. This tender aims to secure comprehensive insurance coverage that protects municipal assets and liabilities against unforeseen events. Interested bidders are required to submit their proposals along with a certified copy of their registration with the Financial Sector Conduct Authority (FSCA) and must attend a compulsory briefing session scheduled for May 28, 2026, at 10:00 AM.
Bids will be evaluated based on a 80/20 preferential points system, emphasizing functionality and compliance with specified requirements. All submissions must include necessary documentation, such as valid tax compliance status, proof of payment for municipal rates, and a completed Central Supplier Database (CSD) report. The municipality reserves the right to accept any part of a bid and is not obligated to accept the lowest offer. This tender presents an excellent opportunity for insurance providers looking to engage with local government and contribute to the municipality's risk management strategies.
This tender is suitable for insurance companies and brokers that are registered with the Financial Sector Conduct Authority (FSCA) and have experience in providing short-term insurance solutions to public sector entities.