Objectives

The primary objective is to procure a mature, off-the-shelf quantitative risk analysis and decision-support solution. This will enable the procuring entity to transition from deterministic, single-point forecasting to probability-based analysis. The solution will facilitate the identification, modelling, quantification, and communication of uncertainty and risk across financial, programme, project, strategic, and operational domains, ultimately supporting structured, evidence-based decision-making under uncertainty.

Scope

The procurement covers a three-year period and includes a transferable single-user license, full implementation, user training, technical support, and ongoing maintenance. The solution must be a desktop-based application fully compatible with current and legacy Microsoft Windows environments, with seamless integration into Microsoft Excel and Project. It must complement existing enterprise risk management frameworks while ensuring strict data confidentiality. Unauthorized access by vendors, third parties, or external entities is strictly prohibited. All components must be delivered within one week of purchase order issuance.

Technical Requirements

• Must be an existing commercial product; custom development is explicitly prohibited.
• Core analytical capabilities: Monte Carlo simulation, probabilistic risk analysis, scenario and stress testing, sensitivity analysis, correlation/dependency mapping, and decision-tree modelling.
• Ability to model uncertain variables using probability distributions rather than fixed deterministic values.
• Advanced reporting features including configurable dashboards, percentile/histogram outputs, and management-ready quantitative reports.
• Robust security architecture: end-to-end encryption, comprehensive audit logging, strict identity/access controls, and guaranteed absence of vendor backdoors or remote access mechanisms.
• Mandatory submission of functional evidence (screenshots, model files, or recorded demonstrations) for all claimed capabilities; missing evidence results in automatic zero scoring.
• Valid OEM or distributor authorization required if bidding on behalf of a third-party software manufacturer.
• Proposals generated using artificial intelligence will be automatically disqualified.

Skills & Capability Requirements

Bidders must demonstrate proven expertise in quantitative risk modelling, probabilistic simulation techniques, and decision-support system deployment. Technical teams must possess strong competencies in software implementation, cybersecurity best practices, and user training delivery. Capacity is assessed through detailed method statements, documented implementation experience, and verifiable proof of system functionality. Bidders must also demonstrate compliance with national transformation objectives through verified equity ownership structures.

Key Terms & Unusual Requirements

• 80/20 Evaluation System: Scoring allocates 80 points to price competitiveness and 20 points to specific Broad-Based Black Economic Empowerment (B-BBEE) ownership goals (51% black-owned, 40% black women-owned, or 51% owned by designated groups).
• Fronting Prohibition: False representation of ownership or control to claim B-BBEE benefits is classified as a criminal offence carrying severe penalties, including fines and imprisonment.
• OEM Authorization: Bidders reselling third-party software must provide official documentation proving legal authority to market, license, implement, and support the solution.
• AI Content Ban: Any proposal containing undisclosed or unsubstantiated AI-generated text will result in immediate disqualification.
• Supplier Development Programme (SDP): Qualifying black-owned small enterprises may benefit from accelerated payment terms upon contract award.