Financial Guarantees for Tenders

It is becoming more and more important for companies responding to Government tenders in South Africa, to prove that the company responding, has financial capacity to execute the contract. The reason for this is to safeguard Government Entities against companies being awarded a tender and then failing to execute because of a lack of financial resources.

Below is a typical Financial Guarantee requirement we found in a recent Gauteng Provincial Government tender:


Title Closing Date Tender No.
Invitation of bids for the appointment of a service provider to render Security Services in Polokwane Regional Office for a period of 24 months 2018-01-05 11:00 DMR/ 017/ 2017/ 18
Appointment a service provider to supply and deliver animal fodder: baled lucerne, grass and straw, as and when required over a period of one (1) year to the National Zoological Gardens of South Africa, Pretoria. 2017-12-15 11:00 NRFNZG- 026- 2017/ 18
Supply: 400 liter x fuel;two stroke mixture;5l 2017-11-28 16:00 GC11800361
Window curtains for cubicles L 70 W 119 specification is attached 2017-12-01 11:00 ZNQ 124 / 2017/ 2018
Supply airfreshner;Liquid;5L 2017-11-28 16:00 GC11800363
Diagnostic Audiometer x 1 Unit 2017-12-08 11:00 17/ 11/ 17
Lung Function Machine -Portable x 1 Unit 2017-12-08 11:00 18/ 11/ 17
Portable Medical Vein Finder -illumination system x 1 Unit 2017-12-08 11:00 19/ 11/ 17
Supply: tyre polish - type: liquid silicone 2017-11-28 16:00 GC11800364
05 Units, Non-Particulate homogenous hydrogel urethral bulking agent 2017-12-04 11:00 ZNQ: 954/ 17/ 18
Each, Tubing silicone size 194 (1.5mm x2.00mm x15m) 2017-12-04 11:00 ZNQ: 935/ 17/ 18
Each, Tubing silicone size 194(1.47mm x1.96mm x15m) 2017-12-04 11:00 ZNQ: 933/ 17/ 18
Appointment of a service provider for the roll out and management of biometric learner attendance monitoring system. 2018-01-31 11:00 013- 2017/ 2018
Each, Tube Ryles, Gastro Duod. PVC size 16F.105cm 2017-12-04 11:00 ZNQ: 918/ 17/ 18
Rendering of physical security at Potchefstroom Labour Centre for a period of 24 months 2018-01-05 12:00 POTCH- LNW- 11/ 2017
Each, Tube Ryles, Gastro Duod. PVC size 14F.105cm 2017-12-04 11:00 ZNQ: 917/ 17/ 18
Each, Tube Ryles, Gastro Duod. PVC size 8F.105cm 2017-12-04 11:00 ZNQ: 914/ 17/ 18
Rendering of Physical Security Services at Klerksdorp Labour Centre for a period of 24 month 2018-01-05 12:00 KLD- NW- 11/ 2017
Each, Tube Ryles, Gastro Duod. PVC size 10F.105cm 2017-12-04 11:00 ZNQ: 915/ 17/ 18
Repairs to kitchen equipment. Specifications will be available with tender documents. 2017-12-05 11:00 ZNQ 483/ 17 - 18 GAZ


Functionality and Tenders

In all competitive bids (tenders) you as the bidder will have to respond to Functionality. You will need to score a set minimum number of points, measured as a percentage, on Functionality of a competitive bid (tender) in order to advance to the next phase of evaluation in the tender process.

Usually Organs of State evaluate competitive bids (tenders) as follows:

  • The tender response is evaluated on Functionality where the bidder must score points out of a maximum of 100 points.
  • A threshold of between 65 to 75 out of 100 points... Read More
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