Appointment of an intermediary/brokerage service provider to the road accident fund for a period of five (5) years.

• Closing date: 14 August 2026.
• Closing time: 11:00 AM.
• Briefing session: No briefing session.
• Deadline for bid enquiries/questions: 03 August 2026.
• Publication date for Questions & Answers: 05 August 2026 (on RAF website and eTender portal).

• For bid enquiries: Contact Tshiamo Motitswe via email at [email protected].
• No telephonic enquiries will be entertained.
• All enquiries must be submitted in writing to the email address above.
• Submission address: Road Accident Fund (RAF), Eco Glades 2 Office Park, 420 Witch-hazel Avenue, Centurion, 0046.

• Submit only hand-delivered or couriered proposals. Faxed or emailed bids will not be accepted.
• Deposit the bid in the tender box at RAF Eco Glades 2 Office Park, 420 Witch-hazel Avenue, Centurion, 0046, clearly marked with the tender number and description.
• Submit an original bid document plus one copy, enclosed together in the envelope.
• The bid must be valid for 90 days from the closing date.
• Required returnable documents: Completed and signed SBD 1, SBD 3.1 (or 3.2/3.3), SBD 4, SBD 5, SBD 6.1, specification document, general conditions of contract, proof of CIDB registration (if applicable), Tax TCS Pin (or CSD number if no PIN), and a joint venture agreement if applicable.
• Ensure registration on the National Treasury Central Supplier Database (CSD).
• Late submissions will not be considered.

Valid FSCA license; registered on National Treasury Central Supplier Database; tax compliant with SARS; not on Restricted Suppliers/Tender Defaulters register; must submit all required SBD forms (1, 3.1, 4, 5, 6.1); for joint ventures/consortia, each party must submit separate tax compliance documents; international suppliers may be exempt from some requirements but must complete foreign supplier questionnaire.

• Scope: Provide intermediary/brokerage services for insurance and reinsurance to the RAF for a five-year period.
• The broker must be registered with the Financial Sector Conduct Authority (FSCA) and have expertise in insurance/reinsurance brokerage.
• Key services include:

• Securing and managing reinsurance coverage for third-party bodily injury claims.
• Placing and managing short-term insurance (Directors & Officers, Rent-a-Captive, asset insurance, etc.).
• Handling claim recoveries from reinsurers.
• Providing trend analysis, risk management, and regular reporting (quarterly progress reports, annual post-renewal reports).
• Administering reinsurance treaties and facilitating handover from previous providers.

• Deliverables: Pre-renewal market surveys, policy document preparation, claims management, liaison with markets, and innovative solutions.
• Monitoring: Performance will be monitored via Service Level Agreement adherence, including regular meetings and reports.

• Company experience: Minimum 5 years in insurance and reinsurance brokerage, supported by a company profile and list of relevant projects with client details.
• Key personnel:

• Client Executive/Director: Minimum 5 years experience in insurance/reinsurance brokerage.
• Actuarial Resource: Minimum 3 years experience in actuarial modelling and a degree in Actuarial Sciences, Statistics, or Mathematics.
• Four additional resources with experience in insurance/reinsurance or risk financing.

• Track record: Provide at least three client reference letters (not older than 24 months) for both insurance brokerage and reinsurance brokerage services, each with full project and client details.

• Use SBD 3.1 Pricing Schedule for firm prices only.
• Prices must include all applicable taxes and delivery costs.
• Non-firm prices (including those subject to exchange rate variations) will not be considered.
• The bidder should consider the historical reinsurance data (provided) when structuring pricing.

• Pricing must be submitted on SBD 3.1 (Pricing Schedule – Firm Prices). Only firm prices are accepted; prices subject to exchange rate variations are not considered.
• All applicable taxes (VAT, PAYE, income tax, UIF, skills development levies) must be included in the bid price.
• All delivery costs must be included in the bid price.
• The successful bidder may be required to submit a performance guarantee to the dti as part of the National Industrial Participation (NIP) programme obligations.
• The bidder must have fidelity insurance and professional indemnity.

• Mandatory documents: Completed SBD 1, SBD 4, SBD 6.1, proof of CIDB registration (if applicable), and Tax Compliance Status (TCS) Pin or CSD number.
• Tax compliance: Bidders must submit a valid SARS TCS Pin or CSD number. Joint ventures/consortia must submit separate TCS Pins/CSD numbers for each party.
• Central Supplier Database (CSD) registration is mandatory.
• B-BBEE: Preference points are claimed via SBD 6.1 for specific goals (ownership by historically disadvantaged South Africans, women, persons with disabilities).
• The bidder must be a registered service provider in terms of applicable South African laws.
• The bidder must have a valid FSCA FAIS licence to operate as a financial services provider.
• Companies or directors listed on the National Treasury register of Restricted Suppliers/Tender Defaulters will be disqualified.

• The successful bidder will be required to sign a written contract (SBD7).
• The bidder must comply with the General Conditions of Contract and any special conditions.
• The National Industrial Participation (NIP) programme applies if imported content exceeds thresholds; successful bidders must engage with the dti, submit a performance guarantee, and implement business plans.
• The bidder must have a business continuity management plan available for inspection.
• The RAF will verify CSD registration and tax compliance before award; non-compliant bidders have 7 working days to rectify.
• The bidder must have fidelity insurance and professional indemnity.
• False declarations may lead to bid rejection, contract cancellation, and potential restriction from public sector business.

• The evaluation follows the published criteria and uses a preferential point system (80/20 or 90/10).
• Points are awarded for Price and Specific Goals (B-BBEE elements).
• Specific goals include points for ownership by historically disadvantaged South Africans, women, and persons with disabilities.
• The organ of state reserves the right to verify all claims.