The Drakenstein Municipality seeks bids for comprehensive banking services until 30 June 2032. Bidders must meet compliance criteria and submit proposals by 26 November 2026.
The Drakenstein Municipality is inviting qualified financial institutions to submit bids for the provision of banking services for a period extending up to 30 June 2032. This tender encompasses a wide range of banking activities, including but not limited to, transactional banking, investment management, and financial advisory services. The successful bidder will be expected to demonstrate a robust understanding of municipal financial operations and provide tailored solutions that enhance the municipality's financial management capabilities.
Bidders must ensure compliance with the Preferential Procurement Regulations, 2022, and meet specific responsiveness criteria outlined in the tender documentation. A minimum functionality score of 70% is required for further evaluation under the 80/20 procurement preference points system. The tender documents can be obtained from the Civic Centre, and a non-refundable fee applies for physical copies, while electronic requests are exempt from fees. The bid submission deadline is 26 November 2026, and all proposals must be submitted in a sealed envelope to the designated tender box before the closing time.
This tender is suitable for established banks and financial institutions capable of providing a full range of banking services tailored to municipal needs, including compliance with government procurement policies.
Create a free account to see every tender matched to your business. This tender's documents and buyer contacts unlock from R199/month.
See your matched tenders before you pay, then get their documents and buyer contacts straight away. Cancel anytime, no contract.
