Tender Application Workspace for

Land bank requires an independent internal audit review of the credit life operations function within land bank life insurance, covering policy administration, premiums, claims, reconciliations, complaints handling, reporting and escalation, and information safeguarding for transactions dated 01 october 2025 to june 2026. The credit life division is small, generating roughly r6 million in premium income a year, and the engagement is expected to run about two months from the point the procurement process is finalised. Bidders must price 12 fixed-fee deliverables excluding VAT, show proven internal audit experience in the insurance or financial services sector, and submit two signed client reference letters issued in the past three years. The decisive hurdle is stage 1: missing any mandatory requirement — the completed RFQ, a scope-aligned price quotation or the two reference letters — disqualifies a bid outright before the 80/20 price and specific goals scoring is reached.