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
34 & 36 Fricker Rd - Illovo - Sandton - 2196
Organization Type
GOVERNMENT
Published
18 Aug 2026
OCDS Reference
ocds-9t57fa-165974
Sasria soc limited is seeking a service provider to implement and support a third-party risk management solution for a period of three years. The solution must provide comprehensive visibility into sasria’s third-party ecosystem and integrate seamlessly with existing technology and risk management systems.
Bidders must submit their proposals via Sasria’s e-tender portal by 11 September 2026 at 12h00 pm.
Bidders must have a valid B-BBEE certificate or sworn affidavit and be registered on the Central Supplier Database (CSD).
The proposed solution must provide comprehensive visibility into Sasria’s third-party ecosystem and integrate seamlessly with existing technology and risk management systems.
The bidder must provide a detailed and comprehensive price proposal, including all costs associated with the bidder’s proposal.
Bidders must comply with the technical evaluation criteria, including mandatory requirements and technical evaluation criteria.
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Date & Time
Friday, 11 September 2026 - 12:00
Venue
null
Request for Bid(Open-Tender)
34 & 36 Fricker Rd - Illovo - Sandton - 2196
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AI Document Analysis Stages
Description
18 Aug
2026
Tender Published
Tender was published
11 Sept
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.
RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf
Sasria SOC Limited is procuring the implementation and support of a Third-Party Risk Management solution for a period of three years. The solution must provide comprehensive visibility into Sasria's third-party ecosystem and support the identification and management of various risks, including cybersecurity threats and reputational risks.
To download these documents and access AI-powered analysis, visit the main tender page.
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Median Estimate
R 581 900
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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Implementation and support of a Third-Party Risk Management solution for a period of three (3) years.
Important Dates
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf (RFP){"closingDate":"11 September 2026","closingTime":"12h00","briefingSession":{"date":null,"time":null,"venue":"bidder’s offices and / or at client sites if so required.","is_compulsory":false}}
Briefing Session
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf (RFP)Sasria will conduct a briefing session to provide more information about the tender.
Contact Information
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf (RFP)For all queries and clarifications regarding this Request for Proposal, bidders should click on this link https://procurement.sasria.co.za/ and go to Queries on the portal.
Submission Guidelines
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf (RFP)Bidders must submit their proposals via Sasria’s e-tender portal. The closing date and time for submission of bids is 11 September 2026 at 12h00 pm. Bidders should click on this link https://procurement.sasria.co.za/ to be able to register on the Sasria’s Online Tender Portal on or before the closing date and time in order to submit their proposals. Sasria reserves the right to disqualify / not award a contract to a bidder for one or more of the following reasons, and such disqualification may occur without prior notice to the offending bidder.
Returnable Documents
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf (RFP)Bidders are required to submit a comprehensively detailed bid responses in accordance with the submission format specified below: Schedule 1, Schedule 2, Schedule 3, Schedule 4.
Evaluation Criteria
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf (RFP)The evaluation during this level is based on technical criteria (functionality). The technical evaluation will be conducted in 2 phases, as follows: Phase 1 – Mandatory requirements, Phase 2 – Technical Evaluation Criteria. Bidders must be registered on the Central Supplier Database (CSD) and have a valid B-BBEE certificate or sworn affidavit.
Technical Specifications
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf (RFP)The solution must provide comprehensive visibility into Sasria’s third-party ecosystem, including but not limited to vendor inventory, risk classification, criticality tiering, and associated risk exposures. The proposed solution must integrate seamlessly with Sasria’s existing technology and risk management ecosystem, including security monitoring tools, incident response platforms, GRC systems, and ticketing solutions, through standardised APIs and supported integration frameworks.
Experience & Qualifications
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdfThe bidder must provide verifiable and relevant reference letters demonstrating proven experience in the successful implementation of Third-Party Risk Management (TPRM) or similar Governance, Risk, and Compliance (GRC) solutions.
Financial Requirements
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf (RFP)The bidder must provide a detailed and comprehensive price proposal, including all costs associated with the bidder’s proposal, and the proposed Total Annual Fee must be inclusive of all required services as outlined in the scope of work.
Compliance Requirements
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdf (RFP)Bidders are required to submit a valid B-BBEE certificate or Sworn Affidavit, and to claim points for specific goals, bidders must provide valid and sufficient proof as indicated in the table below.
Health & Safety
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdfThe solution must support the identification and management of a wide range of risks, including cybersecurity threats, data protection risks, regulatory noncompliance, operational disruptions, and reputational risks linked to third-party engagements.
Contractual Terms
Source: RFP2026.20-Implementation and Support of a Third-Party Risk Management solution for a period of three (3) years..pdfThe contract will be for a period of three (3) years, inclusive of implementation and ongoing operational support.
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.
Address
34 & 36 Fricker Rd, Illovo, Johannesburg, 4126, South Africa
Source confidence
High source confidence
Official source
eTenders.gov.za
Documents found
1
Last checked
18 Aug 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
+27 11 214 0800[email protected]www.sasria.co.za34 & 36 Fricker Rd, Illovo, Johannesburg, 4126, South Africa
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