Risk Financing Advisory and Insurance Brokerage Services -...

Share this tender

Description

You are hereby invited to submit proposal to the South African Post Office Limited for Risk Financing Advisory and Short-term Insurance Brokerage Services for South African Post Office [SAPO for 3 year Term] Re-issue from RFQ/26/27/53

What this tender is about

The South African Post Office Limited (SAPO) is seeking proposals for Risk Financing Advisory and Short-term Insurance Brokerage Services for a three-year term. This is a re-issue of a previous tender. Bidders must provide an all-inclusive cost for services, materials, escalations, and consumables. Pricing must be fixed for the first year and quoted in South African Rand, inclusive of VAT. Incomplete pricing will result in the bid being deemed non-responsive. Bidders must also confirm compliance with SAPO specifications and provide client references for specific services, including managing cell captive and contingency insurance, claims settlement, and placements with significant asset values. Proposals are due by 11:00 on 19 August 2026.

Scope of work

• Provide Risk Financing Advisory and Short-term Insurance Brokerage Services for SAPO for a 3-year term.
• Quote an all-inclusive cost for services, materials, escalations, and consumables.(2.1 ANNEXURE A - PRICING SCHEDULE..., section F. ANNEXURE A: PRICING SCHEDULE)
• Manage first-party and third-party cell captive insurance, and contingency insurance cover.(2.4 ANNEXURE CC - CLIENT REFERENC..., section start)
• Manage and settle large claims in excess of R 50 million.(2.5 ANNEXURE CR - CLIENT REFERENC..., section start)
• Provide brokerage insurance placements with an asset value exceeding R 2 billion.(2.3 ANNEXURE BB - CLIENT CONFIRMA..., section start)

Important requirements

• Bidders must quote an all-inclusive cost that includes services, materials, escalations, and consumables.(2.1 ANNEXURE A - PRICING SCHEDULE..., section F. ANNEXURE A: PRICING SCHEDULE)
• Pricing shall remain fixed for Year 1 of the three (3) year contract term.(2.1 ANNEXURE A - PRICING SCHEDULE..., section F. ANNEXURE A: PRICING SCHEDULE)
• All pricing must be in South African Rand (ZAR), inclusive of VAT.(2.1 ANNEXURE A - PRICING SCHEDULE..., section F. ANNEXURE A: PRICING SCHEDULE)
• The pricing schedule must be completed fully and correctly. Incomplete pricing will deem the bid non-responsive.(2.1 ANNEXURE A - PRICING SCHEDULE..., section F. ANNEXURE A: PRICING SCHEDULE)
• Bidders must confirm compliance with the provisioning of Insurance Brokerage Services as per SAPO specifications.(2.2 ANNEXURE BC - CONFIRMATION BI..., section start)
• Bidders must provide client confirmation of minimum five years completed experience in provisioning of brokerage insurance placements and managing first-party and third-party cell captive insurance, and contingency insurance cover exceeding R 150 million.(2.4 ANNEXURE CC - CLIENT REFERENC..., section start)
• Bidders must provide client confirmation of experience in management and settlement of large claims in excess of R 50 million.(2.5 ANNEXURE CR - CLIENT REFERENC..., section start)
• Bidders must provide client confirmation of minimum five years completed experience in provisioning of brokerage insurance placements with an asset value exceeding R 2 billion.(2.3 ANNEXURE BB - CLIENT CONFIRMA..., section start)

How to submit

• Submit proposals to the South African Post Office Limited.

What is in the documents

• 2.1 ANNEXURE A - PRICING SCHEDULE.docx

  This document outlines the pricing schedule for the brokerage insurance services, requiring bidders to quote all-inclusive costs for three years, inclusive of VAT. It specifies that pricing must remain fixed for the first year and that incomplete pricing will lead to...

• 2.2 ANNEXURE BC - CONFIRMATION BIDDER.docx

  This annexure requires bidders to confirm their compliance with the insurance brokerage services specifications outlined in the bid document, using their company letterhead and contact details.

• 2.4 ANNEXURE CC - CLIENT REFERENCE CONFIRMATION - BROKERAGE SERVICE - CELL CAPTIVE AND CONTINGENCY.docx

  This document is for the bidder's client to confirm that the bidding company has at least five years of experience in provisioning brokerage insurance placements and managing cell captive and contingency insurance cover exceeding R 150 million.

• 2.5 ANNEXURE CR - CLIENT REFERENCE LETTER - BROKERAGE SERVICE - CLAIMS.docx

  This annexure requires a client to confirm that the bidding company has experience in the management and settlement of large claims exceeding R 50 million.

• 2.3 ANNEXURE BB - CLIENT CONFIRMATION - BROKERAGE SERVICE - ASSET VALUE.docx

  This document is for the bidder's client to confirm that the bidding company has a minimum of five years of experience in provisioning brokerage insurance placements with an asset value exceeding R 2 billion.

Tender documents (7)

• DOC2.2 ANNEXURE BC - CONFIRMATION BIDDER.docx
• DOC2.1 ANNEXURE A - PRICING SCHEDULE.docx
• DOC2.4 ANNEXURE CC - CLIENT REFERENCE CONFIRMATION - BROKERAGE SERVICE - CELL CAPTIVE AND CONTINGENCY.docx
• DOC2.5 ANNEXURE CR - CLIENT REFERENCE LETTER - BROKERAGE SERVICE - CLAIMS.docx
• DOC2.3 ANNEXURE BB - CLIENT CONFIRMATION - BROKERAGE SERVICE - ASSET VALUE.docx
• PDF2.6 Insurance Broker-Questions and Answers [EX RFQ-26-27-53].pdf
• and 1 more

Contact person