Request for Quotation (rfq) Apppointment of a Short-term Broker

RFQ 01/04/2026

See details below or the tender documentation

Tender Closed on: 2026-04-21 11:00

https://tenderbulletins.co.za/tender-award/tender-award-request-for-quotation-rfq-apppointment-of-a-short-term-broker/

Consulting Services, Insurance and Medical Aid Services

Kimberley, Northern Cape

Northern Cape - Office of the Premier

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Northern Cape - Office of the Premier Tenders

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Tender Number: RFQ 01/04/2026
Department: Northern Cape - Office of the Premier
Tender Type: Request for Quotation
Province: Northern Cape
Closing Date: Tuesday, 21 April 2026 - 11:00
Place where goods, works or services are required: 69 Memorial Road - Monument Heights - Kimberley - 8301
Special Conditions: N/A
ENQUIRIES:
Contact Person: Pelonolo Meruti
Email: [email protected]
Telephone number: 071-683-4033
FAX Number: N/A
BRIEFING SESSION:
Is there a briefing session?: NO Is it compulsory? NO
Briefing Date and Time:
Briefing Venue:
eSUBMISSION:
eSubmission Enabled: Submit Tender by eSubmission

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


Tender Summary

Objectives

The primary objective of this tender is to appoint a qualified and experienced short-term insurance broker to manage the departmental insurance portfolio. The broker will facilitate comprehensive insurance coverage for specified departmental assets, provide advisory services, manage claims, and conduct annual reviews to ensure adequate coverage and value for money over a period of 36 months.

Scope

The scope of work includes:

  • Securing comprehensive short-term insurance cover for departmental assets, including 2 double cab bakkies, 4 trailers, and 1 sedan vehicle.
  • Assessing and advising on cost-effective and appropriate insurance solutions.
  • Ensuring assets are insured against risks such as theft, damage, loss, and third-party liability.
  • Providing ongoing advisory support on insurance matters throughout the contract period.
  • Administering and managing all insurance claims, including submission, processing, and follow-up.
  • Conducting annual reviews of the insurance portfolio to maintain adequate coverage and optimize value.

Technical Requirements

The technical requirements for the appointed broker include:

  • Facilitation of comprehensive insurance coverage for specified assets.
  • Provision of expert advice on insurance solutions and risk management.
  • Management of all claims processes, ensuring timely and accurate handling.
  • Regular annual reviews of the insurance portfolio.
  • Clear and comprehensive pricing structure, including fixed brokerage fees and annual escalation, with all costs disclosed upfront.
  • Invoicing must detail insurance premiums and brokerage fees, supported by verifiable documentation from insurers.

Skills Requirements

The skills and qualifications required for bidders include:

  • Valid Financial Services Provider (FSP) license issued by the Financial Sector Conduct Authority (FSCA) under the FAIS Act.
  • Registration on the Central Supplier Database (CSD) with a valid MAAA number and proof of tax compliance.
  • Experience in managing short-term insurance portfolios, particularly for government or departmental assets.
  • Ability to provide comprehensive advisory services and claims management expertise.
  • Demonstrated capacity to deliver transparent, cost-effective insurance solutions within the specified contractual period.
This summary is AI generated. Download the tender documents for all the information.

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