financial guarantees | Page 6 |

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.
FASSET requires the services of a suitable qualified service provider to provide research services to the organisation. 2018-06-08 11:00 FAS/ LD/ RES/ RESEARCH/ CON954
Leasing Printing Machine (80/20 Preferential Points Scoring). 2018-06-18 11:00 RFT02 2018_19
Supply I-Care (Electronic Tonometer) Battery Operated 2018-05-25 11:00 ZNQ 57 / 18 / 19
Appointment of not more than six (6) Preferred Service Providers that are registered with South African Association of Freight Forwarders (SAAFF) and that is in possession of the relevant permits and or licenses to forward and clear sector specific consignment for example dangerous and hazardous substances such as chemicals etc for EMIA Customers utilising EMIA Group Offerings on a Task Order basis for a period of three (3) years. 2018-06-08 11:00 dti 03/ 18- 19
The accreditation of a panel of render services relating to Restitution projects for a period of 36 months. 2018-06-01 11:00 5/ 2/ 1/ 2/ 3- 2018/ 2019
Annual service to Infrared for Hospital as per specification 2018-05-25 11:00 ZNQ 13 / 18 / 19
Provision of Catering Services for Excelsior Place of Safety. 2018-06-22 11:00 KZNB06/ DSD/ 2018
Appointment of a panel of qualified town planning professionals to provide professional services for the National Department of Public Works for a period of three years (36 months) in Mpumalanga Province. 2018-06-19 11:00 H18/ 004AI
Invitation of bids for the appointment of service provider to conduct a detailed investigation into assessing the impact of blasting activities carried at Midmar Crushers to the cracking of houses neighboring the mine. 2018-06-15 11:00 DMR/ 003/ 2018/ 19
Annual Service to Boomgate as per specification 2018-05-25 11:00 ZNQ 59/ 18 / 19
The appointment of an independent service provider to assist the department to develop a business case for institutional arrangements for world heritage sites in South Africa for the period of eighteen (18) month(s). 2018-06-08 11:00 E 1446
The appointment of a suitable independent service provider to provide the sector with the necessary strategic capability to manage, coordinate and implement The Expanded Public Works Programme (EPWP) Phase IV for the environment and culture sector. 2018-06-08 11:00 E 1447
The appointment of the service provider to assist the Department with the review of the implementation and the effectiveness of South Africa’s plastic bag policies, with a view to making recommendations for policy improvement including if necessary on a new plastic bag policy direction. 2018-06-08 11:00 E1448
The appointment of a panel of service providers to undertake technical feasibility assessment for the Department of Energy (DOE ) under national solar water heating programme for the period 2018/19, 2019/2020 and 2020/2021 financial years. 2018-06-08 11:00 DOE/ 010/ 2017/ 18
Appointment of a Contractor for Regional Management Support Services to Sekhukhune District Municipality in the Limpopo Province. 2018-06-01 11:00 MISA/ RMSC/ SDM/ 003/ 2018
Major Service to Hospital Air-Condition as per specification 2018-05-25 11:00 ZNQ 25 / 18 / 19
Appointment of a service provider to develop, support and maintain an Integrated Electronic Built Environment System for a period of 24 months. 2018-06-08 11:00 CBE 1/ 2018
Annual service to Hospital Fire Equipment as per specification 2018-05-25 11:00 ZNQ 09 / 18 / 19
Appointment of a preferred-list of contractors for closure of mine openings. 2018-06-20 11:00 CGS- 2018- 002
Supply of Gynacology Examination Couch 2018-05-25 11:00 ZNQ 55 / 18 / 19


Tender adjudication process

The SBD/WCBD6.1 document must form part of all bids invited.  It contains general information and serves as a claim form for preference points for Broad -Based Black Economic Empowerment (B -BBEE) Status Level of Contribution, and explains how tenders or bids are decided.

The document says:

  • The bidder obtaining the highest number of points will be awarded the contract.
  • Preference points shall be calculated after prices have been brought to a comparative basis.
  • Points scored will be rounded off to two decimal places... Read More
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