Credit risk specialist services for gauteng partnership fund (3-Year appointment)

Compulsory supplier briefing session held on Microsoft Teams. Link will be shared on the bid document. Failure to attend results in disqualification. Date and time not stated.

Technical enquiries:

• Email: [email protected]

Supply chain enquiries:

• Contact: Ms Mandudu Legodi
• Email: [email protected]
• Telephone: 072 123 6634

Submission:

• Email: [email protected]

Submission method: email only.

Submission email: [email protected]

Closing time: 16 October 2026 at 11:00

Returnable documents (all must be completed, signed and submitted):

• Annexure A: Signed reference letter(s) evidencing minimum 3 years' experience in credit analysis and investment analysis for housing development finance. Letter must not be older than 2 years, on client's official letterhead, dated, signed, with contactable details.
• Annexure B: SBD 4 (Declaration of Interest) duly completed and signed. Failure to fully complete and sign results in disqualification.
• Annexure C: Pricing Schedule reflecting hourly rate of the Lead Consultant.
• Annexure D: SBD 3.1 Pricing Schedule (Firm Prices) completed and signed in ZAR, all applicable taxes included.
• Annexure E: SBD 6.1 (Preference Points Claim Form) duly completed.
• Annexure F: Valid B-BBEE certificate from a SANAS accredited rating agency (original or certified) or sworn affidavit signed by a Commissioner of Oaths.
• Annexure G: Company registration documents; change of name certificate if applicable.
• Annexure H: Trust/Consortium/Joint Venture agreement if applicable — must be in place at time of tendering, clearly outlining structure, percentage revenue split, roles and responsibilities. Failure to provide results in automatic disqualification.
• Annexure I: Tax Compliance Status Pin issued by SARS, valid on closing date. Each party in a trust/consortium/joint venture must submit a valid pin.
• Annexure J: Central Supplier Database (CSD) registration report or reference number. Each party in a trust/consortium/joint venture must submit separate proof.
• Quotation on company letterhead.
• Proof of banking details.

Disqualification risks:

• Late submissions will not be considered.
• Failure to attend the compulsory briefing session.
• Failure to attach any required document or letter.
• Incomplete or unsigned forms.
• Submissions from service providers not invited by GPF.

Evaluation stages in order: Mandatory Criteria, Functionality, Administration Compliance, Price and Preference Points.

Mandatory requirements (non-compliance leads to disqualification):

• Minimum 3 years' experience in credit analysis and investment analysis for housing development finance, evidenced by signed reference letter not older than 2 years (Annexure A).
• SBD 4 Declaration of Interest duly completed and signed (Annexure B).

Functionality (total 100 points; minimum qualifying score: 70/100):

• 50 points: Confirmation of previous experience via signed reference letters (not older than 2 years) covering:
• Credit Risk Analysis and Assessment for Project Approvals (10)
• Validating/reviewing Financial Model and Due Diligence (10)
• Setting Credit Risk Appetite and Tolerance levels (10)
• Reviewing and updating Credit Risk Management Policies (10)
• Conducting post-investment credit assessments (10)

Scoring: no reference letter or non-compliant letter = 0 points; 1 reference letter = 7 points; 2 or more = 10 points. Letters with inadequate or unrelated information are invalid.

• 40 points: Business Plan & Approach demonstrating ability to plan, execute and monitor the project, covering:
• Credit Risk Analysis and Assessment of GPF's post-investment loan book (12)
• Validate and review Financial Modelling and Due Diligence reports for project approvals (13)
• Set Credit Risk Appetite and Tolerance levels for GPF (15)
• 10 points: Postgraduate qualification of the Lead Consultant — minimum CFA, CA(SA), MBA (Finance), Chartered Banker, FRM, PRM or equivalent. Certified copy must be submitted, certification not older than 12 months.

Price and Specific Goals (80/20 preference point system):

• Price: 80 points
• Specific Goals: 20 points
• Women: 8 points
• Youth: 8 points
• People with Disabilities: 4 points
• GEYODI points calculated based on ownership percentage from the Central Supplier Database (CSD).
• A bidder who fails to complete SBD 6.1 correctly receives zero for that specific goal.

The Gauteng Partnership Fund (GPF), a Schedule 3C public entity, requires a Credit Risk Specialist to assess, analyse and recommend funding applications supporting affordable housing development and student accommodation in Gauteng. The role involves evaluating credit risk and development impact, conducting financial analysis, and ensuring alignment with GPF's developmental objectives and risk appetite.

Scope of work:

• Credit Risk Analysis & Assessment:
• Establish an appropriate credit risk environment within GPF.
• Develop credit risk administration, measurement and monitoring processes.
• Design controls for pre-investment and post-investment portfolio management.
• Design a comprehensive credit risk management programme covering the loan cycle.
• Conduct detailed credit risk assessments on loan applications of prospective borrowers (property developers, project sponsors, counterparties) and on existing loans.
• Analyse financial statements, cash flow forecasts, repayment capacity, project feasibility, funding structures, leverage, liquidity and overall creditworthiness.
• Identify, quantify and mitigate key credit risks per transaction.
• Set credit risk appetite and tolerance levels; recommend risk-adjusted thresholds.
• Set credit limits per obligor (considering capital utilisation, credit rating, LGD) and per sector/region.
• Develop credit risk strategy, including target markets, diversification and concentration tolerances.
• Conduct Expected Credit Loss (ECL) analysis.
• Perform due diligence on borrowers, business models, management capability, industry outlook and project viability.
• Review and update the Credit Risk Management Policy.
• Develop Standard Operating Procedures (SOPs) for credit granting, monitoring, evaluation of new opportunities, and administration of non-performing loans.
• Prepare comprehensive credit risk reports and recommendations for internal approval committees.
• Validate/review Financial Modelling and Due Diligence:
• Build and review financial models to test assumptions, repayment ability, stress scenarios and sustainability.
• Validate financial models for property development and infrastructure projects.
• Review all aspects of due diligence; confirm project viability, funding gaps and return profiles.
• Validate sensitivity and scenario analysis.
• Deal Support:
• Prepare credit papers or appraisal reports for internal committees.
• Ensure deal structures mitigate risk while meeting developmental objectives.
• Review term sheets and legal agreements from a credit perspective.
• Portfolio Monitoring and Reporting:
• Track existing exposures, review covenant compliance, monitor financial performance, identify early warning signs, support remedial actions.
• Review borrower compliance with loan covenants and funding conditions.
• Design credit risk appetite and tolerance levels including limits by obligor, sector and region.
• Stakeholder Engagement:
• Engage with internal teams (Investment, Legal, Risk, ESG, Finance).
• Compliance and Governance:
• Ensure all transactions comply with GPF policies, credit risk frameworks and regulatory requirements.
• Maintain accurate documentation and audit trails.
• Reporting and Recommendations:
• Provide clear, evidence-based recommendations on approval, decline, restructure or closer monitoring.

Directorate: Investment & Development & Credit Risk & Portfolio Units.

Business Plan & Approach (40 points) must demonstrate the ability to plan, execute and monitor the project, covering:

• Credit Risk Analysis and Assessment of GPF's post-investment loan book (12 points): detail credit risk assessment on existing loans, compliance with GPF policies and frameworks, tracking exposures and covenant compliance, and ECL analysis.
• Validate and review Financial Modelling and Due Diligence reports for project approvals (13 points): detail credit assessments of prospective borrowers, identification/quantification/mitigation of key risks, building and reviewing financial models, preparation of appraisal reports, and review of term sheets and legal agreements.
• Set Credit Risk Appetite and Tolerance levels for GPF (15 points): describe design of appetite and tolerance levels including credit limits by obligor, portfolio mix, geographical location, capital utilisation, credit rating, project finance pricing and LGD; develop SOPs; set risk-adjusted thresholds; develop administration, measurement and monitoring processes.

Bidders are encouraged to label all bullet points in their response for ease of reference.

Mandatory experience: Minimum 3 years' experience in credit analysis and investment analysis for housing development finance, evidenced by a signed reference letter not older than 2 years, on client's official letterhead, dated, signed, with contactable details.

Lead Consultant qualification: Postgraduate qualification minimum CFA, CA(SA), MBA (Finance), Chartered Banker, FRM, PRM or equivalent. Certified copy must be submitted, certification not older than 12 months.

Functionality experience (50 points): Signed reference letters (not older than 2 years) covering credit risk analysis and assessment for project approvals, validating/reviewing financial models and due diligence, setting credit risk appetite and tolerance levels, reviewing and updating credit risk management policies, and conducting post-investment credit assessments. Scoring: 0 points if no letter or non-compliant; 7 points for 1 letter; 10 points for 2 or more letters.

Pricing schedule (Annexure C) must reflect the hourly rate of the Lead Consultant for the following scope items:

• Credit Risk Analysis and Assessment for Project Approvals
• Validating/reviewing Financial Model and Due Diligence
• Setting Credit Risk Appetite and Tolerance levels
• Reviewing and updating Credit Risk Management Policies
• Conducting post-investment credit assessments

Annexure D: SBD 3.1 Pricing Schedule (Firm Prices) — only firm prices accepted; all applicable taxes included. Validity period: 90 days.

Pricing format:

• Annexure C: Pricing schedule reflecting the hourly rate of the Lead Consultant for the following scope items:
• Credit Risk Analysis and Assessment for Project Approvals
• Validating/reviewing Financial Model and Due Diligence
• Setting Credit Risk Appetite and Tolerance levels
• Reviewing and updating Credit Risk Management Policies
• Conducting post-investment credit assessments
• Annexure D: SBD 3.1 Pricing Schedule (Firm Prices) — only firm prices accepted; non-firm prices (including exchange rate variations) will not be considered. All applicable taxes included.

Validity period: 90 days.

Payment: GPF may withhold payment if service quality does not meet minimum requirements.

Price changes: No price changes will be entertained after award; bidders must include all costs when pricing.

No bid security, bonds, guarantees or retention specified.

Mandatory compliance:

• Tax Compliance Status Pin issued by SARS, valid on closing date. Each party in a trust/consortium/joint venture must submit a valid pin.
• Valid B-BBEE certificate from a SANAS accredited rating agency (original or certified) or sworn affidavit signed by a Commissioner of Oaths.
• Central Supplier Database (CSD) registration proof or reference number. Each party in a trust/consortium/joint venture must submit separate proof.
• SBD 4 (Declaration of Interest) — discloses whether any director or shareholder is employed by the state or connected to anyone at the procuring institution. Failure to submit results in disqualification.
• SBD 6.1 (Preference Points Claim Form) — claims specific goal points under the 80/20 system.
• Company registration documents; change of name certificate if applicable.
• Trust/Consortium/Joint Venture agreement if applicable — must be in place at time of tendering.
• Quotation on company letterhead.
• Proof of banking details.

B-BBEE specific goals (20 points): Women 8, Youth 8, People with Disabilities 4. Points calculated from CSD ownership information.

GPF reserves the right to cancel the RFQ/appointment at its sole discretion. Payment may be withheld if service quality does not meet minimum requirements. The RFQ validity period is 90 days. No price changes will be entertained after award. Late submissions will not be considered. Only invited service providers may submit.

GPF reserves the right to cancel the RFQ/appointment at its sole discretion. Payment may be withheld if service quality does not meet minimum requirements. RFQ validity period is 90 days. Late submissions will not be considered. Only invited service providers may submit. No price changes will be entertained after award; bidders must include all costs when pricing.

Mandatory requirements:

• Minimum 3 years' experience in credit analysis and investment analysis for housing development finance, evidenced by a signed reference letter not older than 2 years, on client's official letterhead, dated, signed, with contactable details (Annexure A).
• SBD 4 (Bidder's Disclosure) duly completed, signed and submitted (Annexure B). Failure to fully complete and sign results in disqualification.
• Failure to attach any required document leads to disqualification.

Evaluation stages: Mandatory Criteria, Functionality, Administration Compliance, Price and Preference Points.

Functionality (100 points; minimum 70 to proceed):

• 50 points: Previous experience via signed reference letters (not older than 2 years) covering credit risk analysis, financial model validation, setting credit risk appetite, reviewing credit risk policies, and post-investment credit assessments.
• 40 points: Business Plan & Approach covering credit risk analysis of GPF's post-investment loan book, validation of financial models and due diligence, and setting credit risk appetite and tolerance levels.
• 10 points: Postgraduate qualification of Lead Consultant (CFA, CA(SA), MBA (Finance), Chartered Banker, FRM, PRM or equivalent) with certified copy not older than 12 months.

Price and Specific Goals: 80/20 preference point system — 80 points for price, 20 points for specific goals (Women 8, Youth 8, People with Disabilities 4). GEYODI points calculated from CSD ownership information.