Primary Account Banking Services for a Period of 5 Years

T2025/17

See details below or the tender documentation

Tender Closed on: 2026-01-30 12:00

Banking Services, Financial Services and Economics

KwaZulu-Natal, Newcastle

Amajuba District Municipality

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Amajuba District Municipality Tenders

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Tender Number: T2025/17
Department: Amajuba District Municipality
Tender Type: Request for Bid(Open-Tender)
Province: KwaZulu-Natal
Closing Date: Friday, 30 January 2026 - 12:00
Place where goods, works or services are required: B9356 AMAJUBA ROAD, SECTION 1 - MADADENI - Newcastle - 2940
Special Conditions: N/A
ENQUIRIES:
Contact Person: Mandisa Dlamini
Email: [email protected]
Telephone number: 034-329-7200
FAX Number: N/A
BRIEFING SESSION:
Is there a briefing session?: NO Is it compulsory? NO
Briefing Date and Time:
Briefing Venue:

This tender is also available from www.etenders.gov.za


Tender Summary

Objectives

The primary objective of this tender is to select a registered bank to provide primary account banking services to Amajuba District Municipality for a period of five (5) years. The services focus solely on transactional banking activities, including maintaining current accounts for operations and payroll, with investment activities falling outside the scope.

Scope

The scope of work involves:

  • Provision of transactional banking services for the municipality’s main operational and payroll accounts.
  • Maintenance of accounts, including authorized servicing, repairs, tyres, and parts, subject to municipal approval.
  • Only services related to transactional banking are included; investment activities are excluded.
  • Contract duration: five (5) years.

Technical Requirements

The technical requirements include:

  • Registration on the Central Supplier Database (CSD).
  • Provision of a current account system capable of handling municipal operations and payroll.
  • Interest rate offerings on credit balances and banking service charges based on the municipality’s primary account.
  • Maintenance modules for authorized servicing, repairs, tyres, and parts.
  • Compliance with all relevant legislation, including the Banks Act No. 94 of 1990, the Municipal Finance Management Act, 2003, and SCM Regulations, 2005 (as amended 2023).
  • Adherence to the evaluation criteria based on price and functionality, with specific emphasis on interest rates, banking charges, and service quality.

Skills and Experience Requirements

Applicants must demonstrate:

  • Experience with at least five (5) completed contracts providing banking services to municipalities within the last 10 years. Attach appointment letters and positive references.
  • Experience with three (3) contracts in the last 30 years, providing uninterrupted banking services to municipalities, supported by references.
  • Experience with two (2) contracts in the last 10 years, providing services to multiple municipalities, supported by references.
  • Proven ability to deliver the scope of services as specified, with relevant documentation and references.
This summary is AI generated. Download the tender documents for all the information.

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