In preparation for the anticipated borrowing programme commencing in the FY2028 financial year, Eskom has appointed a consortium to support the development of its ESG Funding Framework. Consequently, there is a need to issue a Request for Proposal (RFP) for the SPO services to independently assess the framework, confirm its alignment with recognised market standards, and ensure compliance with applicable regulatory requirements.

Overview

Eskom seeks proposals for Secondary Party Opinion (SPO) services to assess its ESG Funding Framework for the FY2028 borrowing programme. Bidders should be credible financial or consulting firms with proven experience in assessing Use of Proceeds (UoP) and Transition Linked (TL) frameworks, and must comply with related regulatory and B-BBEE requirements; conflicts of interest must be disclosed via Annexure B. Proposals are submitted electronically by 06 November 2026 at 10:00, via Eskom’s e-tendering site; pricing must be VAT-inclusive, and bidders must provide requested corporate and financial documents. Shortlisted bidders may be invited to discussions.

Requirements

• Credible financial/consulting firm with proven UoP/TL framework assessment experience within the last five years.
• Not prohibited by international sanctions lists; nationality checks apply.
• No conflicts of interest; disclose via Annexure B.
• B-BBEE verification certificate required for preference points; other required documents include CSD number, Tax clearance, Audited Financial Statements (last 18 months), and pricing inclusive of VAT.
• Provide evidence of relevant credentials and proposed project team.

How to Apply

• Submission deadline: 06 November 2026, 10:00; questions/clarifications per RFP procedures (queries due 4 working days before closing).
• Submission method: electronic via Eskom e-tendering site (https://etendering.eskom.co.za/).
• Documents to submit (per Annexure A/B): one electronic copy of the response, integrity declaration, company profile and experience, registration documents, credit rating, references, professional body registration, B-BBEE certificate, Tax clearance, Audited FS for last 18 months, CSD number; pricing inclusive of VAT. (See attached RFP document: RFP - Secondary Party Opinion draft 26082026 (002) (003)_Latest closure (002).pdf)
• Obtain bid documents from Eskom e-tendering portal; follow RFP instructions and ensure disclosure of any conflicts of interest as required.
• Additional steps: potential discussions with shortlisted bidders; preparation of a detailed SPO methodology and Timelines (UoP and TL) per Annexure A.