Tender Summary: RFQ for Equity Portfolio Valuation Services FY2027

Objectives

The primary objective is to appoint a competent service provider to conduct independent, accurate, and compliant valuation services for the Land Bank’s equity portfolio for the 2027 financial year. The procuring entity requires reliable valuation outputs to support financial reporting, asset monitoring, risk management, and regulatory compliance.

Scope of Work

Bidders must deliver professional valuation services as detailed in the attached specifications. Core deliverables include:

• Valuing each individual equity investment within the defined portfolio.
• Providing a transparent, itemised pricing schedule that clearly states professional fees per investment.
• Executing a confidentiality agreement to safeguard all bank data and sensitive financial information.
• Adhering to strict quality, timeline, and reporting standards throughout the engagement period.

Technical Requirements

Bidders must satisfy mandatory compliance and documentation thresholds before their bid is evaluated:

• Valid Tax Compliance Status (TCS) pin or certificate from SARS and active registration on the National Treasury Central Supplier Database (CSD).
• Fully completed SBD 4 (Bidder’s Disclosure) and SBD 6.1 (Preference Points Claim Form) declarations.
• Proof of Broad-Based Black Economic Empowerment (B-BBEE) compliance via a SANAS-accredited certificate or sworn affidavit.
• Certified identity documents for all shareholders and directors.
• Active professional indemnity insurance covering the scope of valuation services.
• Submission of Know Your Customer (KYC) documentation for FICA compliance, including Politically Exposed Person (PEP) screening.
• Explicit written consent for personal information processing in accordance with the Protection of Personal Information Act (POPIA).

Skills and Experience Requirements

Service providers must demonstrate proven competency in investment valuations, with preference given to firms possessing experience in the agricultural sector. Required capabilities include:

• Key personnel with relevant academic qualifications and practical experience in equity portfolio valuation.
• Detailed CVs submitted for all assigned consultants to verify expertise, availability, and capacity.
• Financial stability and operational capability, subject to potential due diligence assessing liquidity, solvency, and accounts turnover ratios.
• A clean track record with no history of poor performance, fraud, corruption convictions, or inclusion on the Register of Tender Defaulters.

Evaluation Methodology and Complex Terms

Bids undergo a two-stage evaluation. Stage one verifies mandatory compliance; stage two scores price and specific goals. The tender utilises the following procurement frameworks:

• 80/20 Preference Point System: A standard South African procurement scoring model where 80 points are awarded for competitive pricing and 20 points for meeting specific socio-economic goals, primarily B-BBEE status and ownership demographics.
• FICA & KYC Screening: Compliance with the Financial Intelligence Centre Act requiring rigorous identity verification and PEP checks to prevent money laundering and illicit financing.
• SBD Forms: Standardised government bidding templates used to declare tax compliance, disclosure of conflicts of interest, and preference point claims.
• Post-Evaluation Due Diligence: The procuring entity reserves the right to conduct independent financial, legal, and reputational checks on the highest-ranked bidder. This includes verifying financial health ratios, pending litigation, criminal records, and historical contract performance before final award.