Business insurance Evaluation

SANAS seeks a service provider to deliver a comprehensive Business Insurance Evaluation, including risk assessment, policy analysis, cost analysis, claims history review, regulatory compliance and market comparison. Suitable bidders are insurance brokers or risk-management consultants with a valid FAIS license (FSCA), relevant insurance-assessment experience, and the ability to prepare procurement documentation and ensure governance (conflict-of-interest constraints).

Overview of the procurement scope includes: coverage assessment, risk assessment, policy analysis, cost analysis, claims history review, regulatory compliance, market comparison, business-continuity linkage, and expert consultation.

Key requirements and qualifications to bid:

• Valid FSCA FAIS license to transact as a financial services provider
• Company profile showing at least 1 year of business insurance assessments
• Complete SBD 4 and SBD 6.1, valid BBBEE certificate or sworn affidavit
• Valid tax PIN and a Central Supplier Database (CSD) report or compliant status
• Annexure A pricing schedule (included with the RFQ) and pricing inclusive of VAT where applicable
• Agreement not to bid on subsequent tenders based on the prepared specification and disclosure of any conflicts of interest
• Compliance with SANAS procurement policies, including SANAS-specific PPP goals and 80/20 or 90/10 pricing rules

How to apply and key dates:

• Submission deadline: 03 November 2026 at 11:00 (RFQ) with 60-day quote validity
• Submission method: Electronic submission to procurement@sanas.co.za (no explicit questions process noted in the excerpt)
• Required documents to submit: SBD 4, SBD 6.1, BBBEE documentation, tax PIN, CSD status, and the Annexure A pricing schedule (REQ0006303- Business Insurance Evaluation.pdf). Pricing and scope deliverables are described in Annexure A; the service includes drafting the business-insurance tender specification and is subject to conflict-of-interest restrictions (see annexures).
• Briefing details: Not specified in the provided text; no mandatory briefing is identified.

Payments and evaluation:

• Price component: 80% or 80/20, depending on system used; SANAS SPECIFIC GOALS provide up to 20 points
• Evaluation includes price, SANAS-specific goals, and compliance with tax, BBBEE, and SBD requirements; late or non-compliant submissions will be disqualified.