Extended Title: 
Provision of Security Operations Centre (Soc) Services (24x7) for a period of five (5 years)

Tender Summary
Public Investment Corporation (PIC)
Tender reference: 
Security Services
Closing Date: 
Wednesday, December 5, 2018 - 11:00
Issue Date: 
Sunday, November 4, 2018 - 08:00
Meeting Compulsary: 
Meeting Date: 
Tuesday, November 13, 2018 - 11:00

Tender Description

Provision of Security Operations Centre (Soc) Services (24x7) for a period of five (5 years)

Issuer: Public Investment Corporation (PIC)



The Public Investment Corporation (PIC) is a registered Financial Service Provider (FSP) and a public entity, wholly owned by the South African Government, PIC invests funds on behalf of public sector entities.

Among the PIC's clients are the Government Employees Fund ("GEPF"), Unemployment Insurance Fund ("UIF") and Compensation Fund ('CP"),

PIC seeks a suitably experienced Bidder to offer the following SOC services:

  •  Identify information security threat vectors targeting the PIC's infrastructure environment and be able to prevent significant impact or breach through event correlation and swift response.
  • Reporting and logging of information security incidents through the use of appropriate ticketing tools.
  • Track and monitor the closure of these information security incidents; and escalation of these incidents to appropriate teams / individuals within PIC when required.

Compulsory Briefing session: 13 November 2018, 11:00am, Menlyn Maine Central Square, Corner Aramist Avenue & Corobay Avenue, Waterkloof Glen Extension 2.

Note: Attendees must be seated at 11:00am, no late comers will be allowed.

Bid documentation will be available on the PIC website, www.pic.gov.za/ tenders/adverts/PIC010/2018 from 5 November 2018, Non-Disclosure and Confidentiality agreement must be signed by all bidders.

The document is attached as Annexure A to the Request For Proposal (RFP) document.

Closing date for the bid submission: 5 December 2018.

Closing time: 11 :00 am.

For submission at:
Public Investment Corporation SOC Limited,
Menlyn Maine Central Square,
Ground Floor,
next to ABSA Bank,
2nd Floor,
Corner Aramist Avenue & Corobay Avenue,
Waterkloof Glen Extension 2.

Enquiries: tenders@pic.gov.za

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Advantages and disadvantages of Consortiums

Consortiums are often considered as entities to use when responding to tenders in South Africa. The question that arises is whether to use a Consortium or a Joint Venture when responding to a tender. To help you with this we have compiled a list of advantages and disadvantages for both Consortiums as well as Joint Ventures. In this article we list the advantages and disadvantages of Consortiums. Look out for the same article on Joint Ventures.

Consortiums Advantages:

  • Easy to establish as there are no formal procedures... Read More
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