Objectives

The primary objective of this tender is to procure Cash in Transit services for a period of 36 months to ensure secure collection, transportation, and deposit of cash for Addington Hospital under the Department of Health in KwaZulu-Natal Province. The service aims to provide reliable, compliant, and secure cash handling solutions that adhere to relevant laws, regulations, and security standards.

Scope

The scope of the project includes:

• Provision of cash-in-transit services to Addington Hospital’s banking operations located at Prince Street.
• Collection, transportation, and deposit of cash using secure methods and sealed containers.
• Deployment of armored vehicles and trained personnel compliant with PSIRA regulations.
• Adherence to security protocols, regulatory requirements, and department-specific procedures.
• Regular reporting on performance, incidents, and security metrics throughout the contract duration.

Technical Requirements

The technical specifications mandated by the tender include:

• Registration and compliance with the Private Security Industry Regulatory Authority (PSIRA), including submission of valid membership certificates and proof of current registration.
• Appropriate insurance coverage, such as liability insurance.
• Implementation of security measures including secure transport, armored vehicles, and trained personnel.
• Use of sealed containers for cash collection, storage, and delivery.
• Maintenance of detailed records and regular reporting of cash-in-transit activities.
• Compliance with statutory and regulatory requirements governing cash-in-transit services.
• Provision of contingency plans for security incidents and emergency procedures.
• Vehicles, equipment, and personnel must meet the department’s minimum specifications.
• Monthly performance and incident reporting.
• Maintaining anti-money laundering controls and regulatory compliance.
• Use of equipment and containers that meet specified standards.

Skills Requirements

The skills and qualifications required from bidders include:

• Current and valid registration with PSIRA, with evidence provided.
• Experience in providing cash-in-transit services, demonstrated through previous contracts or references.
• Qualified and trained personnel with proper vetting and security clearances.
• Ability to implement and maintain secure cash handling and transportation procedures.
• Capability to produce regular performance reports and incident documentation.
• Compliance with all legal, security, and regulatory standards relevant to cash-in-transit operations.