RFP for domestic equity fund manager for escap soc ltd (ESKOM)

• Background: ESCAP SOC Ltd, a registered short-term insurer, must invest assets prudently per the Insurance Act and Prudential Standards.
• Objective: Identify and select Domestic Equity Funds under a Discretionary Equity Mandate to support prudent investment strategy.
• Scope: Successful fund manager must provide comprehensive fund description, historic performance data, risk statistics, and pricing/fee structure.
• Mandatory response requirements: Submit electronic copy, signed integrity declaration, company profile, registration documents, credit rating, references, professional body registration, B-BBEE certificate, tax clearance, audited financials, CSD number. Pricing must include VAT.

• Closing date and time: 7 August 2026 at 12h00.
• Clarification queries deadline: 5 working days before the tender submission deadline.
• Shortlisted candidates may be required to attend a one-hour clarification meeting on short notice.

• For queries/clarifications, contact only in writing by email: Liugi Van Der Merwe ([email protected]), Janine Alexander ([email protected]), Thembi Majola ([email protected]).
• General contact: Eskom Finance Division, Megawatt Park, Maxwell Drive, PO Box 1091, Johannesburg, 2000 SA. Tel: +27 11 800 4647.

• Submit electronically via Eskom E-tendering site: https://etendering.eskom.co.za/.
• Submission deadline: 7 August 2026 at 12h00. Late proposals will not be accepted.
• Email submission title: 'TREASURY RFP – ESCAP EQUITY FUND MANAGER MANDATE'.
• Include a signed integrity declaration form (Annexure A).
• Failure to submit the original response, copies of the tender, and the integrity declaration form will disqualify your submission.

Must be an authorized financial institution with proven domestic equity fund management experience. Entities from sanctioned countries are ineligible. Must submit valid B-BBEE and tax clearance certificates. Must disclose any conflicts of interest or relationships with Eskom personnel.

• Scope: Appoint an equity fund manager to achieve long-term capital growth by investing in domestic equity on behalf of ESCAP SOC Ltd.
• Mandate: Discretionary Equity Mandate focused on prudent asset management, ensuring safety, quality, liquidity, profitability, diversification, and risk limits.
• Eligible tenderers: Recognised financial institutions authorised under applicable regulations with proven experience in domestic equity market fund management.
• Conflict of interest: Must be declared; failure may lead to disqualification. Include DPIP disclosure per FICA.
• Funds must be invested in domestic listed equities; only minor cash holdings allowed; derivatives prohibited.

• Tenderers must be recognised financial institutions with proven experience in domestic equity market fund management.
• Submit company profile, relevant experience, registration documents, credit rating, contactable references, and evidence of professional body registration.

• Pricing must be inclusive of VAT.
• Provide a detailed pricing/fee structure, including flat fee or performance-based fee options.
• Audited Financial Statements for the previous 18 months (or last year if unavailable) are required.

• Submit original or certified copy of B-BBEE Status Level Verification Certificate.
• Submit original or certified copy of Tax Clearance Certificate.
• Provide CSD number.
• Evidence of registration with applicable recognised professional body required.
• Tenderers on international sanctions lists are ineligible.

• Eskom provides no warranties or guarantees regarding the RFP contents.
• Eskom reserves the right to cancel the RFP or reject any proposal at any time prior to award.
• Tenderers bear all costs of tendering; Eskom is not liable for these costs.

• Technical threshold: 70% minimum to proceed.
• Scoring: 90/10 preferential point system (price 90 points, B-BBEE 10 points).
• Detailed technical criteria weighting provided.
• Funds must be domestic listed equity funds with minor cash only; derivatives prohibited.