This tender closed on 20 Oct 2026. The page stays up for reference. See open tenders from Land and Agricultural Development Bank of South Africa.
Request for Quotation (RFQ): Land Bank Insurance Operations Review – Credit Life Policy Administration, Premiums and ClaimsClosed
Summary
AI-generated from the tender documents.
Overview
The Land Bank invites quotes for an Operations Review of its Credit Life Policy Administration, Premiums and Claims—i.e., an internal audit of Insurance Operations. Bidders should have proven internal audit experience in insurance/financial services, provide two client references, and meet tax/compliance requirements (SARS TCS/CSD). The review is two months and is conducted end-to-end within the Operations Function.
Requirements
- Proven experience conducting comparable internal audit reviews in insurance/financial services; two client reference letters in the last 3 years.
- Compliance registrations: SARS Tax Compliance Status (TCS) PIN or proof of SARS good standing; Central Supplier Database (CSD) registration; completed SBD disclosures; BBBEE status (certificate or affidavit); directors’ IDs.
- Bid must be fixed-fee per deliverable, with prices excluding VAT and valid for 120 days; all travel/disbursements included unless excluded.
- Confidentiality, disclosure of conflicts, and adherence to Land Bank’s policies; no conflicts of interest; service in compliance with FICA/KYC requirements.
- Engagement scope requires end-to-end execution with Land Bank Internal Audit oversight; deliverables include risk assessment, governance review, policy administration, premiums/claims, reconciliations, reporting, root-cause analysis, corrective actions, and final presentations.
How to Apply
- Written clarification requests due by 14 October 2026 at 16:00 (RFQ document: RFQ for Land Bank Insurance Operations Review – Credit Life Policy Administration, Premiums and Claims.pdf).
- Submissions must be emailed to smthombeni@landbank.co.za and quotations@landbank.co.za no later than 20 October 2026 at 14:00.
- Submit using official forms and the price schedule; include SBD 1, SBD 4 disclosure, SBD 6.1, CSD/TCS documentation, BBBEE evidence, and director IDs (documented in the RFQ).
- Briefing/venue: 272 West Avenue, De Hoewes, Centurion 0157 (briefing details not specified as mandatory in the available documents).
- Documents to obtain from the RFQ (RFQ for Land Bank Insurance Operations Review – Credit Life Policy Administration, Premiums and Claims.pdf) for exact forms, submission format, and deliverables.
Request for Quotation (RFQ): Land Bank Insurance Operations Review – Credit Life Policy Administration, Premiums and Claims Request for Quotation (RFQ): Land Bank Insurance Operations Review – Credit Life Policy Administration, Premiums and Claims Conditions: All requests for clarification must be submitted via email no later than 14 October 2026 at 16h00. Requests received after this deadline will not be considered. Bids must be submitted via email on or before the stipulated closing date and time. Any bid received after the closing date and time will be disqualified.
- RFQ for Land Bank Insurance Operations Review – Credit Life Policy Administration, Premiums and Claims.pdf..pdf
- RFQ for Land Bank Insurance Operations Review – Credit Life Policy Administration, Premiums and Claims.pdf
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