This tender has closed on 17 June 2026.
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This tender invites quotations for the supply, customization, delivery, and implementation of an Expected Credit Loss (ECL) model in compliance with GRAP 104, aimed at enhancing financial reporting for the fiscal year ending June 30, 2026.
The Govan Mbeki Municipality is seeking qualified vendors to provide a comprehensive Expected Credit Loss (ECL) model that adheres to the standards set forth in GRAP 104. This model will be essential for accurately assessing financial risks and ensuring compliance with municipal finance regulations for the financial year ending June 30, 2026. Interested bidders must submit their proposals by the specified closing date, including all required documentation and a non-refundable fee for access to tender specifications.
The successful bidder will be responsible for the development, customization, and implementation of the ECL model, ensuring it meets the municipality's specific needs. This includes delivering a user-friendly interface, training municipal staff, and providing ongoing support. The project aims to enhance the municipality's financial management capabilities, allowing for better forecasting and risk assessment, ultimately contributing to improved financial sustainability. Bidders should demonstrate experience in similar projects and provide evidence of compliance with local production and content regulations as per the Municipal Supply Chain Management Regulations.
This tender is suitable for businesses specializing in financial consulting, software development, and risk management solutions, particularly those with experience in municipal finance and compliance with South African regulations.