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.
Documents available on tender detail page
Tender Type
Request for Bid(Open-Tender)
Delivery Location
Ratlou Local Municipality, R507 Setlagole/Delareyville Road, Next to Setlagole Community Library - Setlagole - Mafikeng - 2773
Organization Type
GOVERNMENT
Published
25 Jun 2026
OCDS Reference
ocds-9t57fa-160988
Ratlou local municipality seeks to appoint a professional insurance broker to underwrite and manage its short-term insurance portfolio, including movable/immovable assets and councillors’ assets, for a 36-month period. The tender targets experienced brokers capable of handling claims, providing risk advice, and ensuring comprehensive coverage under strict compliance and technical requirements.
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Date & Time
Thursday, 30 July 2026 - 11:00
Venue
null
Categories
Request for Bid(Open-Tender)
Ratlou Local Municipality, R507 Setlagole/Delareyville Road, Next to Setlagole Community Library - Setlagole - Mafikeng - 2773
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Recommended Certifications
Having these can improve your winning chances: SAICA Membership, IRBA Registration, FSP License, CFP (Certified Financial Planner)
AI Document Analysis Stages
Description
Source: Movable FAR.xlsx25 Jun
2026
Tender Published
Tender was published
30 Jul
2026
Closing Date
Tender closing date
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.
Immovable Far.xlsx
The Ratlou Local Municipality is seeking to appoint an Insurance Broker to underwrite and manage its short-term insurance portfolio for a period of 36 months. The tender also includes detailed asset information, likely for the purpose of assessing insurance needs and values.
Investment register.xlsx
Ratlou Local Municipality seeks to appoint a qualified insurance broker to underwrite and manage their short-term insurance portfolio for 36 months. The provided document contains an asset register showing municipal assets including investment properties (e.g., Setlagole Complex valued at R4,000,000) that require insurance coverage. The municipality is a national entity located in Setlagole, North West Province.
Movable FAR.xlsx
TENDER DOCUMENT - SERVICE PROVIDER PROVISSION OF INSURANCE...pdf
Ratlou Local Municipality is seeking to appoint an insurance broker to underwrite and manage its short-term insurance portfolio (including movable assets, immovable assets, and special risk cover for councillors' assets) for a 36-month period. The tender closes on 30 July 2026 and requires compliance with South African procurement regulations, including preferential procurement policies (80/20 system).
Advert - Competitive Bidding - June 2026 - Insurance.pdf
Ratlou Local Municipality invites bids for the appointment of an insurance broker to underwrite and manage its short-term insurance portfolio for 36 months. The tender closes on 30 July 2026 at 11:00 AM UTC, with a non-refundable tender document fee of R1,000. Bids are evaluated on functionality (20 points) and price (80 points).
To download these documents and access AI-powered analysis, visit the main tender page.
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The provided document is a Fixed Asset Register (FAR) for Ratlou Local Municipality. It contains detailed records of movable assets including: asset unique codes, descriptions, original costs, take-on dates, useful lives, department assignments, location details, insurance status, condition assessments, and responsible persons. The register shows assets across multiple wards and facilities with varying conditions from GOOD to VERY POOR. Some assets are marked for write-off. This asset data would be relevant for underwriting the short-term insurance portfolio as it provides the inventory and values of insurable assets.
Important Dates
Source: Movable FAR.xlsx (unknown)No important dates found in the provided document. The asset register contains asset acquisition dates and verification dates but no tender-related deadlines.
Contact Information
Source: Movable FAR.xlsx (unknown)No contact information found in the provided document. The asset register contains responsible person names and locations but no SCM or technical contact details for the tender.
Submission Guidelines
Source: Movable FAR.xlsx (unknown)No submission guidelines found in the provided document. The document appears to be an asset register (Fixed Asset Register spreadsheet) rather than a complete tender document. Bidders should obtain the full tender documentation for submission requirements.
Evaluation Criteria
Source: Movable FAR.xlsx (unknown)No evaluation criteria found in the provided document. The asset register does not contain procurement evaluation information.
Technical Specifications
Source: Movable FAR.xlsx (unknown)The asset register provides insight into the scope of assets to be insured under this tender. Assets include: movable property across multiple departments (Library, Community Services, Town Planning, Corporate Services, Budget and Treasury Office, Office of the Municipal Manager); asset categories include motor vehicles (Ford Everest), computer equipment (laptops, projectors), furniture and fixtures, fire safety equipment (extinguishers, fire hoses), air conditioners, and other PPE. Assets are located at multiple facilities including Setlagole Municipality Main Building, Community Library, Kraaipan, Disaneng, and Tshidilamolomo. All listed assets show insurance status as 'INSURED'.
Financial Requirements
Source: Movable FAR.xlsx (unknown)No financial requirements found in the provided document.
Compliance Requirements
Source: Movable FAR.xlsx (unknown)No specific compliance requirements found in the provided document. The asset register does not contain procurement compliance information such as CSD, tax clearance, or B-BBEE requirements.
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
Ratlou Local Municipality, R507 Setlagole/Delareyville Road, Next to Setlagole Community Library - Setlagole - Mafikeng - 2773
Source confidence
High source confidence
Official source
eTenders.gov.za
Documents found
5
Last checked
02 Jul 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
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Explore Our BlogMedian Estimate
R 1 917 065
Range
Based on 25 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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