# PROVISION FOR MANAGEMENT OF SHORT-TERM INSURANCE

> This tender closed on 2026-09-15.

- **Reference:** GM2026/155
- **Issuer:** [Gamagara Local Municipality](https://za.bidwunder.com/tenders/issuer/gamagara-local-municipality.md)
- **Region:** Northern Cape
- **Type:** Open tender
- **Published:** 2026-07-31
- **Closing date:** 2026-09-15 12:00 SAST
- **Briefing:** 2026-08-18 12:00 SAST (compulsory)
- **Sectors:** [Finance and insurance](https://za.bidwunder.com/tenders/sector/K.md)

## Summary

#### Overview
**Gamagara Local Municipality seeks a broker to manage the short-term insurance portfolio for five years.** Bidders should be insurance brokers with FSCA, IRMSA and FIA registrations, capable of providing three quotations per policy category, and carrying professional indemnity insurance (min. R10 million). The contract covers multiple risk classes and requires detailed quoting, governance and ongoing portfolio reporting. (GM2026/155 - PROVISION FOR MANAGEMENT OF SHORT-TERM INSURANCE FOR A PERIOD OF FIVE YEARS.pdf)

#### Requirements
- Bidder must be a registered insurance broker with FSCA, IRMSA, FIA; attach certificates.  
- Provide detailed premium calculations per class, with VAT included; show separate broker fees.  
- Provide three written quotations per policy type and retain for inspection; include motivations.  
- Professional Indemnity insurance min. R10,000,000 (per entity or member for JV). Include FI/quote.  
- Submit required corporate documents: solvency margin, Letter of Authority, company registration, ownership/change-of-name cert; JV agreements if applicable.  
- Provide tax compliance status (TCS/PIN) or SARS registration; CSD registration if no TCS.  
- Appointed bidder must have a dedicated representative for the municipality’s portfolio.  
- All bid documents must be on official forms (MBDs) with pricing schedules; 90-day bid validity; all premiums VAT inclusive.  
- Pricing must reflect all risk classes as outlined; annual renewals follow same procedures. (GM2026/155 - PROVISION FOR MANAGEMENT OF SHORT-TERM INSURANCE FOR A PERIOD OF FIVE YEARS.pdf)

#### How to Apply
- Briefing session: 18 August 2026 at 10:00, Main Office Boardroom, Kathu; mandatory. (GM2026/155)  
- Closing: 15 September 2026 at 10:00; submitted in a sealed envelope to Gamagara Local Municipality, Main Building, Kathu. (GM2026/155)  
- Documents to submit: original tender documents on official forms; MBD1, MBD4, MBD5, MBD6.1, MBD7.2; pricing schedule; B-BBEE docs; JV agreements if any. (GM2026/155)  
- Submission method: hand-delivered to Tender Box at the address above or as specified in the tender documents.  
- Registrations and pre-qualifications: CSD or Tax PIN/TCS (SARS); FSCA/IRMSA/FIA certifications; provide proof. (GM2026/155)  
- Where to obtain documents: municipal website and etenders portal. (GM2026/155)

## Description

PROVISION FOR MANAGEMENT OF SHORT-TERM INSURANCE

PROVISION FOR MANAGEMENT OF SHORT-TERM INSURANCE FOR A PERIOD OF FIVE YEARS

Conditions: None Briefing Venue: GAMAGARA LOCAL MUNICIPALITY TOWN HALL

## Documents

- GM2026-155 -PROVISION FOR MANAGEMENT OF SHORT-TERM INSURANCE FOR A PERIOD OF FIVE YEARS.pdf..pdf

Documents download with a free BidWunder account.

## Published on

- [eTenders.gov.za](https://www.etenders.gov.za)

More open tenders: https://za.bidwunder.com/tenders.md

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> Source: https://za.bidwunder.com/tenders/provision-for-management-of-short-term-insurance-c81c7874