Broad-Based Black Economic Empowerment Act (B-BBEE Act)
Act 53 of 2003
Provides the empowerment-compliance context often used in public-sector supplier evaluation.
Relevant because this is a South African public-sector procurement opportunity.
Issuing Organization
Inkosi Langalibalele Local MunicipalityLocation
KwaZulu-Natal
Closed On
05 Mar 2026
Status: Closed — No Longer Accepting Submissions
This tender closed on 5 March 2026. Submissions are no longer accepted. The tender lifecycle continues — check the awards section for updates.
Tender Type
Request for Proposal
Delivery Location
Victoria Street - Civic Buildings - Estcourt - 3310
Organization Type
GOVERNMENT
Published
03 Feb 2026
OCDS Reference
ocds-9t57fa-146138
Inkosi langalibalele local municipality seeks proposals from qualified organizations to form a panel of financial management consultants for asset management services over 36 months. This tender targets suppliers with expertise in asset management, evaluated under PPPFA 2022 regulations with a focus on HDI equity, female ownership, and local business promotion.
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AI Document Analysis Stages
We refine every tender document through these stages so you can brief your team and prepare your bid with confidence. Anything marked as "in progress" will be upgraded automatically — no action required from you.
AI Document Analysis Stages
Review in progress
The information shown on this card is preliminary. Our procurement team is currently finalising the submission guidelines, evaluation criteria, technical specifications, financial requirements, and compliance sections so you have a clean, bid-ready summary to work from. Document being finalised: Advert - Panel of Financial Management Consultants for the Provision of Assets Management 2026.pdf. You don’t need to refresh — this page will pick up the updated review automatically.
Request for Proposal
Victoria Street - Civic Buildings - Estcourt - 3310
Tenders in this industry often require registration with these bodies.
Recommended Certifications
Having these can improve your winning chances: SAICA Membership, IRBA Registration, FSP License, CFP (Certified Financial Planner)
These references help suppliers understand the public-procurement framework around this opportunity. They are generated from the tender category, issuing organisation type and procurement context.
These rules commonly apply to South African public-sector procurement.
Act 53 of 2003
Provides the empowerment-compliance context often used in public-sector supplier evaluation.
Relevant because this is a South African public-sector procurement opportunity.
Act 108 of 1996 (s217)
This is general procurement context, not legal advice. Always verify requirements in the official tender documents and issuing authority notices.
Advert - Panel of Financial Management Consultants for the Provision of Assets Management 2026.pdf
To download these documents and access AI-powered analysis, visit the main tender page.
Date & Time
Thursday, 05 March 2026 - 10:00
Venue
null
This briefing session took place during the tender period.
No specific requirements found
MandatoryCategory: compliance
03 Feb
2026
Tender Published
Tender was published
05 Mar
2026
Closing Date
Tender closing date
Pending
Awaiting Award of Contract
This tender has not yet been awarded. The contracting authority is expected to publish the award notice in due course.
05 Mar
2026
Submissions Closed
No further submissions were accepted after this date.
Organization
Inkosi Langalibalele Local MunicipalityWin Inkosi Langalibalele tenders with AI Tender Matching, multi‑sector compliance, and analytics for Estcourt and Weenen.
Contact Person
Vukani Mbatha
Phone
036-342-7834
Win Inkosi Langalibalele tenders with AI Tender Matching, multi‑sector compliance, and analytics for Estcourt and Weenen.
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Not sure if your business is ready for this tender? Check CSD, CIDB, and B-BBEE requirements, run a readiness assessment, and move from opportunity to submission.
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Important Dates
Source: Advert - Panel of Financial Management Consultants for the Provision of Assets Management 2026.pdfTender documents available from 09 February 2026 on www.ilm.gov.za or www.etenders.gov.za. Closing date: 05 March 2026 at 10:00.
Contact Information
Source: Advert - Panel of Financial Management Consultants for the Provision of Assets Management 2026.pdfTechnical enquiries: Finance Department – Mr Vukani Mbatha, phone: 036 342 7894, email: [email protected]. SCM Compliance enquiries: Mr Lindani Sithathu, phone: 036 342 7836, email: [email protected]. Office hours: 07:30 to 16:30.
Submission Guidelines
Source: Advert - Panel of Financial Management Consultants for the Provision of Assets Management 2026.pdfSubmit a sealed envelope containing the completed tender documents and supporting documents. Clearly mark the envelope with: "Panel of Financial Management Consultants for the Provision of Asset Management Services for a Period of 36 Months" and the bid number (ILM 26/25/26). Deposit the envelope in the Tender box at the Municipal Entrance Foyer, Ground Floor, Inkosi Langalibalele Municipality, Civic Buildings, Victoria Street, Estcourt, 3310 by the closing date and time. Tenders will be opened and registered in public. Ensure all documents are completed in full and comply with bid rules.
Evaluation Criteria
Source: Advert - Panel of Financial Management Consultants for the Provision of Assets Management 2026.pdfEvaluation uses the 80/20 Preferential Procurement Regulations 2022 (PPPFA) system. Functionality and pre-qualification are required. Preference points (20 total) are awarded for Specific Goals: a) HDI Equity: Detailed CSD Report. b) Female Ownership: 5 points (100%), 3 points (50-99%), 2 points (25-49%). c) Local Business Promotion: 5 points (within Local Municipality, via utility account/lease agreement or rates statement), 3 points (within District Municipality, via valid lease agreement), 2 points (within Province). d) Management: 2 points (25% female, certified IDs), 2 points (25% disability, sworn SAPS affidavit), 1 point (25% youth, certified IDs).
Technical Specifications
Source: Advert - Panel of Financial Management Consultants for the Provision of Assets Management 2026.pdfProvide asset management services as part of a panel of financial management consultants for a period of 36 months. Scope includes various functions pertaining to asset management as outlined in the Terms of Reference (available in tender documents).
Compliance Requirements
Source: Advert - Panel of Financial Management Consultants for the Provision of Assets Management 2026.pdfSubmit: Detailed CSD (Central Supplier Database) Report, CIPC Documents, Certified Identity Documents of all Directors, Valid Tax Clearance Certificate/PIN from SARS, Rates and Taxes Statement (not older than 3 months) from the Local Municipality or a Valid Lease Agreement. Service providers in exempted areas must submit an exemption letter from the Local Municipality. Ensure tax matters are up to date.
Sets the constitutional standard for fair, equitable, transparent, competitive and cost-effective public procurement.
Relevant because this is a South African public-sector procurement opportunity.
Act 5 of 2000
Covers preferential procurement and preference-point systems used in public tenders.
Relevant because this is a South African public-sector procurement opportunity.
Act 12 of 2004
Supports anti-corruption controls and supplier integrity in procurement processes.
Relevant because this is a South African public-sector procurement opportunity.
Act 28 of 2024
Provides the national framework for public procurement across government.
Relevant because this is a South African public-sector procurement opportunity.
Act 2 of 2000
Supports access to tender records, award decisions and public-sector procurement information.
Relevant because this is a South African public-sector procurement opportunity.
Act 3 of 2000
Supports lawful, reasonable and procedurally fair administrative tender decisions.
Relevant because this is a South African public-sector procurement opportunity.
These rules are linked to the type of public body issuing this tender.
Act 71 of 2008
Relevant to governance and reporting obligations for state-owned companies and public entities.
Relevant because this tender appears to involve financial services, accounting, auditing, actuarial, or advisory work.
These rules are linked to the work category, industry, or regulated service area.
Act 38 of 2001
Relevant to financial services, audit, accounting, KYC and anti-money-laundering obligations.
Relevant because this tender appears to involve financial services, accounting, auditing, actuarial, or advisory work.
Address
Victoria Street - Civic Buildings - Estcourt - 3310
Source confidence
High source confidence
Official source
eTenders.gov.za
Documents found
1
Last checked
05 Jun 2026
AI status
Enhanced
Data conflicts
None detected
This tender has strong source evidence, including source metadata and supporting tender information synced from the government tender portal.
Tenders SA is not the issuing authority. All tenders are automatically synced from the official government tender portal. Always confirm final submission details, closing dates, briefing sessions, eligibility requirements, and documents on the official government portal before applying.
Key Personnel
Median Estimate
R 1 593 750
Range
Based on 5 comparable awarded tenders. Companies with similar profiles typically bid near the median.
* Estimates are based on historical data and do not guarantee actual award values.
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