Provision of a jse-accredited debt sponsor for SANRAL (60-Month contract)

Enquiries may be directed to the Procurement Office. Email: [email protected]. For follow-ups if no response, email: [email protected]. Submission address: SANRAL Office, 36 Assegaai Wood Road, Rooihuiskraal, Centurion 0157, Reception (Tender Box). GPS Coordinates: 25°55'1.23"S 28°9'4.75"E.

Submit bids by 12:00 on 25 June 2026. Bids must be sealed in a clearly marked envelope and placed in the tender box at SANRAL Office, 36 Assegaai Wood Road, Rooihuiskraal, Centurion 0157 (Reception). GPS Coordinates: 25°55'1.23"S 28°9'4.75"E. Submit one original, one hard copy, and one electronic copy (e.g., memory stick). The envelope must display the RFP reference number (NRA 2025/0493) and bidder details on the back. No telegraphic, e-mailed, or faxed bids accepted. Bids remain valid for 90 calendar days from the closing date. Withdrawal requests must be in writing and received before the closing date. Disqualification risks: late submission, incomplete documents, misleading information, or failure to meet mandatory criteria. Returnable documents include: SBD1 Form, Forms A2-A20 (e.g., Certificate of Authority, Tax Compliance, B-BBEE Verification, JSE Debt Sponsor Accreditation, etc.). All returnable documents must remain valid for the contract duration.

Evaluation follows a multi-step process: Step 1: Test for Responsiveness (Mandatory Criteria) - Bid received before closing date/time, completed SBD1 Form, priced offer submitted, JSE Debt Sponsor Accreditation (confirmation letter or official JSE listing). Must pass to progress to Step 2. Step 2: Technical/Functional Threshold (Minimum 60 points) - 1) Schedule of Work Experience (25 points): Reference letters for completed debt sponsor projects (SOEs, DFIs, municipalities, or government-linked entities). Points: 0 (less than 1), 10 (1), 15 (2), 25 (3+). 2) Technical Knowledge and Professional Competence (50 points): JSE debt programmes sponsored in past 5 years. Points: 0 (less than 1), 15 (1), 30 (2), 40 (3), 50 (4+). 3) Key Personnel (25 points): Academic qualifications (Finance/Accounting/Economics/Law/Investment Management). Points: 0 (none), 5 (National Diploma/NQF 6), 15 (Bachelor’s/NQF 7), 25 (Honours+/NQF 8). Foreign qualifications must be evaluated by SAQA. Must meet or exceed 60 points to progress to Step 3. Step 3: Final Weighted Scoring - Price (80 points): Formula PS = 80 (1 − (Pt−Pmin)/Pmin), where Pt = bid price, Pmin = lowest acceptable bid price. Specific Goals (20 points): B-BBEE Level points: Level 1 (20), Level 2 (18), Level 3 (14), Level 4 (12), Level 5 (8), Level 6 (6), Level 7 (4), Level 8 (2), Non-compliant (0). Step 4: Post-Tender Negotiations (if applicable) - SANRAL may negotiate with top-ranked bidders sequentially to achieve market-related pricing. Step 5: Award of Business - Successful bidder notified via Letter of Award; contract concluded thereafter. General Requirements: Must be a legal entity (local or foreign). Foreign bidders must disclose RSA residency, branch, or tax liability status (if none, no SARS TCS PIN required). Must not have outstanding debts to SANRAL (or disclose and authorize set-off). Must not be restricted from doing business with organs of state. Joint ventures must submit a consolidated B-BBEE scorecard.

Scope: Provision of a JSE-accredited debt sponsor for 60 months. Responsibilities: 1) JSE Listing Regulatory Compliance and Advisory - Guide SANRAL through JSE Debt Listings Requirements, ensure full compliance, advise on debt programme structuring and documentation. 2) JSE Documentation and Submission - Review/approve all JSE submissions (e.g., Programme Memoranda, Applicable Pricing Supplements, financial disclosures), submit on SANRAL’s behalf, ensure completeness and accuracy. 3) SENS Announcements - Approve/release all relevant SENS announcements for debt securities, ensure timely and accurate disclosure of material information. 4) Listing Process Management - Facilitate initial listing of debt securities and subsequent tap issues/amendments, liaise with JSE during approval, respond to queries. 5) Ongoing Obligations - Monitor SANRAL’s compliance with continuing obligations (financial reporting, corporate governance, disclosure of material changes), advise on regulatory updates, ensure issuer remains compliant. 6) Governance and Fit-and-Proper Oversight - Ensure SANRAL’s appointed debt officer meets JSE’s fit-and-proper requirements, provide oversight on governance matters. 7) Change Management - Manage appointment/resignation/termination of debt sponsors, provide written reasons to JSE for changes. Required: JSE Debt Sponsor Accreditation (confirmation letter or official JSE listing).

Pricing must be quoted in South African Rand, inclusive of VAT. Submit pricing strictly per the provided schedule (Year 1-5 debt sponsor fees). Deviation from the schedule may disqualify the bid. Total price must include VAT at 15%. SANRAL will round final pricing scores to the nearest 2 decimal places. No disbursements outside the priced schedule will be accepted. Payment terms, bonds, and guarantees are not specified in the document.

Mandatory: 1) Tax Compliance - Submit SARS Tax Compliance Status (TCS) PIN or printed TCS certificate. Apply via e-filing at www.sars.gov.za. For consortia/JVs/sub-contractors, each party must submit a separate TCS certificate/PIN/CSD number. If no TCS is available but bidder is registered on the Central Supplier Database (CSD), provide CSD number. Failure to comply may invalidate the bid. 2) Central Supplier Database (CSD) Registration - All bidders must be registered on the CSD (https://secure.csd.gov.za/). Foreign suppliers with no local entity are exempt. CSD number must be provided. 3) B-BBEE Compliance - Submit B-BBEE Status Level Verification Certificate or sworn affidavit. For JVs, a consolidated B-BBEE scorecard is required. Preference points awarded per B-BBEE level (Level 1: 20, Level 2: 18, Level 3: 14, Level 4: 12, Level 5: 8, Level 6: 6, Level 7: 4, Level 8: 2, Non-compliant: 0). 4) VAT Registration - Provide VAT registration number. 5) Foreign Suppliers - If not resident in RSA, complete the foreign supplier questionnaire. If no RSA presence, TCS PIN/CSD registration is not required. 6) Additional Forms - Complete all returnable documents (e.g., SBD1, Forms A2-A20, including declarations on debt, litigation, fronting practices, POPIA, due diligence permission, etc.). All documents must remain valid for the contract duration.