The Provision of Cash – In- Transit and Banking Services

REQ 10575

See details below or the tender documentation

Tender Closed on: 2026-06-19 12:00

Ba-Phalaborwa Local Municipality

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

Limpopo, Phalaborwa

Ba-Phalaborwa Local Municipality

Ba-Phalaborwa Local Municipality Tenders

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Tender Summary

Objectives

The primary objective of this tender is to appoint an experienced and registered service provider to supply cash-in-transit and banking services at Ba-Phalaborwa Municipality for a period of one year. The aim is to ensure the safe collection, transportation, and deposit of cash, thereby promoting a secure working environment for staff and safeguarding municipal assets during cash handling processes.

Scope

The scope of work includes:

  • Provision of cash-in-transit and banking services at designated municipal offices and premises.
  • Collection and deposit of cash at all nominated destinations in accordance with the municipality’s Cash Deposit Policy.
  • Ensuring timely and failure-free cash collection and deposit operations.
  • Implementation of contingency plans for emergencies such as strikes, robberies, vehicle breakdowns, and community protests.
  • Provision of security measures including escort, static deployment, and close protection services as needed.

Technical Requirements

The technical specifications for the service provider include:

  • Compliance with all applicable tax legislation and verification of tax compliance via the Central Supplier Database.
  • Submission of mandatory documents such as PSIRA registration (Grade C), CIT Certificate, PDP, Police Clearance, COIDA letter, proof of indemnity insurance (minimum R3 million), firearm licenses, and certificates of competency.
  • Provision of a detailed contingency plan addressing industrial unrest, vehicle breakdowns, and security threats.
  • Demonstration of experience with at least ten years in cash-in-transit services, including at least one long-term contract of three years or more valued at a minimum of R10 million.
  • Provision of necessary infrastructure including armored vehicles, firearms, radio communication licenses, a secure depot, control room, and landline communication.
  • Company branding, uniforms, and vehicle pictures as proof of compliance.
  • Experience of key personnel with minimum qualifications (Grade B PSIRA, CIT Certificate) and relevant experience (minimum 2-3 years).

Skills Requirements

The skills and experience requirements for personnel include:

  • Management personnel with at least Grade B PSIRA certification and a valid CIT Certificate.
  • Key personnel with a minimum of 2-3 years relevant experience in cash-in-transit services.
  • Security personnel with PSIRA Grade C registration, firearm licenses, and relevant certificates of competency.
  • Personnel capable of executing contingency plans effectively, including handling security threats and operational disruptions.
  • Operational staff skilled in secure cash handling, transportation, and customer service within the security and banking environment.
This summary is AI generated. Download the tender documents for all the information.

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