Directors and Officers Indemnity Insurance for GEP.
S Lockman
In plain English
The Gauteng Enterprise Propeller is seeking a registered short-term insurance provider to offer indemnity insurance for board members and officers for 36 months. Eligible bidders must be registered with the Central Supplier Database and the Financial Sector Conduct Authority.
Always check the official documentDescription
The Gauteng Enterprise Propeller (GEP) is seeking a registered short-term insurance service provider to supply Directors and Officers indemnity insurance. This cover is for 12 Board Members and 6 Executive Officers, including past and present staff. The contract will run for 36 months, from 01 October 2026 to 30 September 2029. The policy must provide an indemnity limit of up to R25 million and include coverage for cyber loss, pandemics, and spousal liability. Bidders must provide a detailed project plan, claims management process, and risk management advice. Key personnel, including the Project Manager, must have at least 5 years of relevant experience. The closing date for this request for quotation is 15 September 2026 at 11:00 am.
What you need to qualify
- CSD registration — Registration on the Central Supplier Database — required to do business with government.
- Registered company — An active CIPC-registered company in good standing.
- Tax clearance — A valid SARS tax compliance status (PIN) showing your tax affairs are in order.
- B-BBEE certificate — A B-BBEE certificate or sworn affidavit confirming your contribution level.
- Other registration — An industry registration the tender requires (e.g. PSIRA, NHBRC, a professional or trade licence).
Full requirements
- Registered on the Central Supplier Database (CSD)
- Valid Tax Compliance Status PIN
- Valid B-BBEE certificate or sworn affidavit
- Registered with the Financial Sector Conduct Authority (FSCA)
- Valid insurance appointment proof issued by the FSCA
- Appointed auditor and senior manager per the Insurance Act
- Annual disclosures report as per the Insurance Act
- CIPC registration documents and certified director ID copies
- Minimum of three contactable references for similar services
Contact & how to apply
Name: S Lockman
Email: slockman@gep.co.za
Phone: 011-085-2001
How to apply: Quotes must be submitted via email to scm@gep.co.za. Bidders must include their company name, CSD MA number, signature, and the submission date on the RFQ document.
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