Provisions for Cash in Transit Service (24 Months)

QNR305.26.27

See details below or the tender documentation

Tender Closed on: 2026-08-20 11:00

KwaZulu-Natal - Health

Banking Services, Cash in Transit Services, Security Services and Equipment

KwaZulu-Natal

Kwazulu Natal - Health

Kwazulu Natal - Health Tenders

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Provisions for Cash in Transit Service (24 Months)
Facility: Queen Nandi Hospital

Tender Summary

Objectives

The primary objective of this tender is to procure a Cash-in-Transit (CIT) service provider to handle the transportation, storage, and delivery of cash from Queen Nandi Regional Hospital to the Department of Health's banking facilities for a period of 24 months. The service aims to ensure secure, compliant, and efficient handling of hospital cash flows, adhering to relevant security and regulatory standards.

Scope

The scope includes:

  • Provision of Cash-in-Transit services for Queen Nandi Regional Hospital in KwaZulu-Natal.
  • Collection, conveyance, storage, and delivery of cash and bank deposit books using sealed containers and envelopes.
  • Regular cash pickups scheduled twice weekly (Tuesdays and Fridays) between 09:00 and 11:00, with provisions for additional pickups such as year-end procedures.
  • Compliance with the Private Security Industry Regulation Act 56 of 2001 and PSIRA regulations.
  • Insurance arrangements by the service provider, with submission of proof of insurance.
  • Adherence to security, identification, and operational standards as specified in the technical specifications.

Technical Requirements

The technical specifications mandate that the service provider must:

  • Be registered with the Private Security Industry Regulatory Authority (PSIRA) and maintain compliance throughout the contract period.
  • Provide valid PSIRA membership certificates.
  • Use sealed containers and envelopes for cash and deposit books.
  • Verify employee identity through official ID cards, always carrying full uniform and ID cards during operations.
  • Supply a list of cash-in-transit officers with ID cards and photographs.
  • Provide official receipts for each collection.
  • Remove cash within specified timeframes and deposit immediately at the bank.
  • Remain at the banking facility until cash is verified and received.
  • Arrange and submit proof of insurance coverage.
  • Ensure timely collection and delivery, with procedures for reporting discrepancies and handling claims.

Skills Requirements

The tender requires bidders to demonstrate:

  • Registered security personnel with valid PSIRA certificates.
  • Experience in secure cash transit operations, including handling of sealed containers and bank deposit procedures.
  • Operational capacity to conduct scheduled pickups and deliveries reliably.
  • Compliance with security regulations and standards.
  • Ability to manage insurance arrangements and claims processing.
  • Capacity to verify personnel identity and maintain security protocols at all times.
  • Proven track record in secure cash transit services, with references and company profile showing relevant experience.
This summary is AI generated. Download the tender documents for all the information.

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