# APPOINTMENT OF THE SERVICE PROVIDER FOR THE FULL IMPLEMENTATION OF THE REVISED GRAP 104(EXPECTED CREDIT LOSS (ECL) IMPAIRMENT MODEL

> This tender closed on 2026-07-21.

- **Reference:** GKM 01-26/27
- **Issuer:** [Greater Kokstad Municipality](https://za.bidwunder.com/tenders/issuer/greater-kokstad-municipality.md)
- **Region:** KwaZulu-Natal
- **Type:** Open tender
- **Published:** 2026-07-06
- **Closing date:** 2026-07-21 14:00 SAST
- **Sectors:** [Financial services](https://za.bidwunder.com/tenders/sector/K64.md)

## Summary

#### Overview
**The Greater Kokstad Municipality seeks the appointment of a service provider to fully implement the Revised GRAP 104 (Expected Credit Loss) impairment model for a period of one year.** Bidder suitability targets experienced financial/actuarial firms with GRAP 104 ECL implementation capability; required qualifications include SAICA membership for Chartered Accountants and ASSA/ASABA membership for data analysts, with B-BBEE and RDP-related preference considerations. The process also requires CSD registration and SARS tax-compliance verification (see TOR documents).

#### Requirements
- Proven GRAP 104 ECL implementation experience.
- Key personnel with relevant qualifications and track record.
- SAICA membership for company directors; ASSA/ASABA membership for the data analyst.
- Tax compliance: SARS PIN or TCS certificate; CSD number if no TCS; separate TCS for JV/sub-contractors.
- Central Supplier Database (CSD) registration; proof of municipal rates and taxes in good standing for company and each director.
- B-BBEE status: verification certificate or sworn affidavit (EMEs/QSEs).
- JV requirements if applicable: signed JV agreement and confirmation of lead partner; all partners CSD registered and tax compliant.
- Tender validity: 90 days (price and terms).

(See Section B; TOR documents for details. Compulsory briefing is listed as NONE in the TOR—see TOR'S REVISED GRAP 104 IMPLEMENTATION revised TOR's.pdf.)

#### How to Apply
- Submission deadline: 21 July 2026 at 12:00; late bids not considered (see documents).
- Submission method: sealed bids deposited in the Bid Box at 75 Hope Street, Kokstad; bids opened publicly after closing.
- Documents to submit: MBD1 (Part A+B), MBD4, MBD6.1, MBD8, MBD9; tax clearance or TCS; CSD proof; municipal rates/taxes proofs for company and directors; JV documents if applicable; proof of SAICA/ASSA membership as required.
- Registrations/pre-quals: Tax compliance (SARS TCS/PIN); CSD registration; municipal rates and taxes in good standing.
- Briefing session: none (compulsory briefing: NONE) per TOR.
- Where to obtain documents: tender documents downloadable from the E-tender Portal or Greater Kokstad website at no cost (see Section A).

(Reference: TOR'S REVISED GRAP 104 IMPLEMENTATION revised TOR's.pdf; Tender Advert sections detailing evaluation and submission specifics.)

## Description

APPOINTMENT OF THE SERVICE PROVIDER FOR THE FULL IMPLEMENTATION OF THE REVISED GRAP 104(EXPECTED CREDIT LOSS (ECL) IMPAIRMENT MODEL

APPOINTMENT OF THE SERVICE PROVIDER FOR THE FULL IMPLEMENTATION OF THE REVISED GRAP 104(EXPECTED CREDIT LOSS (ECL) IMPAIRMENT MODEL

Conditions: N/A

## Documents

- TOR'S REVISED GRAP 104 IMPLEMENTATION revised TOR's.pdf..pdf
- TOR'S REVISED GRAP 104 IMPLEMENTATION revised TOR's.pdf

Documents download with a free BidWunder account.

## Published on

- [eTenders OCDS API](https://www.etenders.gov.za/Home/opportunities?id=1)
- [eTenders.gov.za](https://www.etenders.gov.za)

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> Source: https://za.bidwunder.com/tenders/appointment-of-the-service-provider-for-the-full-implementation-of-the-revised-g-07f0da38