RAF 2026 00061: RAF 2026 00061Closed

Overview

RAF seeks an actuarial service provider to independently conduct a quality assurance review of RAF’s actuarial methodologies and models for a three-year period. The scope covers OCL, Budget Forecasting (MTEF), LOE, LOS, and PRMA valuations; bidders should be ASSA-registered actuarial firms with a Lead Actuary who is a Fellow and at least 10 years post-qualification experience, capable of delivering documented QA reports, gap analyses, and implementation guidance. Bidders must meet data-security and governance requirements (POPI, SA data storage) and comply with NIP where applicable. (RFB RAF 2026 00061 Actuarial Methodologies .pdf)

Requirements

• ASSA registration; Lead Actuary: Fellow, ≥10 years post-qualification; CV and good standing
• Company experience: independent QA reviews for at least three clients in last 5 years; minimum two client references per category
• Data security: data must not be transferred out of SA; POPI compliance
• Compliance: CIDB proof if applicable; Tax status with SARS (PIN/TCS) or CSD number; SBD forms completed (SBD1, SBD3.1/3.2/3.3, SBD4, SBD5, SBD6.1)
• NIP: where triggered, bidders must engage the dti and report post-award; sign NIP obligations
• Documentation: joint venture agreements where applicable; bid documents per GCC/GCC-like terms

How to Apply

• Submission deadline: 14 October 2026 at 11:00; late bids not accepted
• Submission method: hand delivery or courier to RAF, Eco Glades 2 Office Park, 420 Witch-hazel Ave, Centurion 0046 (tender box)
• Documents to submit: signed SBDs (1, 3.1/3.2/3.3, 4, 5, 6.1), CIDB proof, tax PIN/TCS or CSD number, pricing schedule (SBD3.1); JV agreements if any; evidence of ASSA registration and lead actuary credentials
• Registrations/pre-qualifications: CSD registration; CIDB (where applicable); SARS tax compliance; ASSA membership
• Briefing session: none
• Q&A: questions by 18 Sep 2026; answers published 22 Sep 2026 on RAF site; contact Ilish Seema (ilishs@raf.co.za)
• Documents source: bid documents available on www.raf.co.za at no cost; attached doc: (RFB RAF 2026 00061 Actuarial Methodologies .pdf)