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 Quotation
Delivery Location
23 Rabe Street - Polokwame - Polokwane - 0699
Organization Type
GOVERNMENT
Published
16 Oct 2026
OCDS Reference
ocds-9t57fa-174517
Risima housing finance corporation, a wholly owned subsidiary of the limpopo economic development agency, requires a panel of registered property valuation firms to value residential houses before home loan approval and to inspect housing construction in progress across limpopo's five districts. The panel runs for 36 months, with a maximum of two firms appointed per region and bidders restricted to bidding for NO more than two regions. Valuation reports must be delivered within 48 hours of instruction, and the rates submitted are indicative and open to negotiation. The decisive hurdle is the three-stage evaluation: complete pre-qualification compliance, then a minimum functionality score of 70 out of 100, before specific goals points are considered.
Closing: 29 October 2026 at 11:00 — bids are emailed to [email protected], late submissions are rejected, and offers must stay valid for 90 days.
Mandatory registrations: CSD service-provider registration before submission, a SARS tax compliance PIN or CSD number (each joint venture, consortium or subcontractor party submits its own), and a certified copy of a valid SACPVP registration certificate for the owner or director, verified against SACPVP.
Functionality threshold: Stage 2 is scored out of 100 and a bidder must reach 70 points to proceed to specific goals; anything below 70 is treated as non-responsive.
Region limit: bidders may bid for a maximum of two of the five districts (Capricorn, Mopani, Sekhukhune, Vhembe, Waterberg), and Risima may appoint at most two firms per region.
Document format: compile the bid in the given order with no pages omitted, complete everything in black ink with no typing, initial every page and sign where required — any missing or unsigned pre-qualification document can disqualify the bid.
Preference points: 80/20 split with 80 points for price and 20 for specific goals; SBD 6.1 must be submitted or the bidder scores zero for specific goals.
Turnaround: valuation reports must reach Risima within 48 hours of receiving the instruction, and failure may affect the performance assessment and trigger corrective measures under the SLA.
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Date & Time
Thursday, 29 October 2026 - 11:00
Venue
null
None
Request for Quotation
23 Rabe Street - Polokwame - Polokwane - 0699
Tenders in this industry often require registration with these bodies.
Construction Industry Development Board (CIDB) registration is mandatory for almost all public sector construction tenders. Ensure your grading matches the tender value.
Recommended Certifications
Having these can improve your winning chances: NHBRC Registration, ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), ISO 45001:2018 (Occupational Health & Safety), SACPCMP Registration, ECSA Registration
AI Document Analysis Stages
Description
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)16 Oct
2026
Tender Published
Tender was published
29 Oct
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.
BID DOCUMENT - PANEL OF VALUATION.pdf
Appointment of a panel of property valuation service providers for Risima Housing Finance Corporation, a subsidiary of the Limpopo Economic Development Agency, to value residential properties and inspect housing construction across five Limpopo districts over a 36-month period.
To download these documents and access AI-powered analysis, visit the main tender page.
Matched by category & region
Free guidance to prepare before you bid
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.
Open Supplier Readiness HubMedian Estimate
R 9 478 690
Range
Based on 19 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.
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.
Risima Housing Finance Corporation, a wholly owned subsidiary of the Limpopo Economic Development Agency (LEDA), finances affordable housing and building construction loans across Limpopo and processes about 200 home loan applications a year. Every property offered as security must be valued by a registered professional valuer before a loan is approved. Risima is appointing a panel of valuation firms for 36 months to value residential houses and inspect housing construction in progress in the Capricorn, Mopani, Sekhukhune, Vhembe and Waterberg districts. A maximum of two firms may be appointed per region, and bidders may bid for no more than two regions.
Important Dates
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Closing
Bid validity
Contact Information
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Bidding procedure enquiries
Technical enquiries
Submission
Submission Guidelines
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Submission
Document format
Returnable documents (non-submission may disqualify)
Disqualification risks
Evaluation Criteria
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Three-stage evaluation
Preference points (80/20 system)
Functionality scoring (100 points)
Tie-breaking
Technical Specifications
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Purpose
Regions
Scope of work
Volume and turnaround
Methodology
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Method statement requirements
Experience & Qualifications
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Company experience — 40 points
Key personnel (owner/director) — 30 points
Proposal/methodology — 30 points
Quality Management
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Quality obligations
Pricing Schedule
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Pricing schedule
Financial Requirements
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Pricing schedule (rates inclusive of VAT and all costs)
Rate conditions
Bid validity
Compliance Requirements
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Mandatory registrations and status
Returnable forms
Exclusions
B-BBEE Requirements
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Specific goals points (20 available under the 80/20 system)
Special Conditions
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Bid validity
Requirements
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Pre-qualification documents (all completed and signed by an authorised representative)
Section
Source: BID DOCUMENT - PANEL OF VALUATION.pdf (RFQ)Evaluation stages
Functionality weights
Tie-breaking
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 work category, industry, or regulated service area.
Act 38 of 2000
Important for public-sector construction and infrastructure tenders that require contractor grading or construction procurement standards.
Relevant because this tender appears to involve construction, building work, infrastructure, or site-based delivery.
Act 107 of 1998
Relevant where environmental authorisations, EIAs or environmental compliance may apply.
Relevant because this tender appears to involve construction, building work, infrastructure, or site-based delivery.
Act 85 of 1993
Sets health and safety duties for contractors, employers and service providers working on public-sector sites.
Relevant because this tender appears to involve construction, building work, infrastructure, or site-based delivery.
Act 103 of 1977
Relevant where building standards, renovations, maintenance or construction compliance may apply.
Relevant because this tender appears to involve construction, building work, infrastructure, or site-based delivery.
Address
29 Market St, Polokwane Central, Polokwane, 0699, South Africa
Source confidence
High source confidence
Official source
eTenders.gov.za
Documents found
1
Last checked
16 Oct 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.
Contact
079-501-7950[email protected]www.lieda.co.za29 Market St, Polokwane Central, Polokwane, 0699, South Africa
Key Personnel
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