VVUZA

Risk Financing and Insurance Broking Services.

Lungelo Madlala

This tender closed on 8 October 2026

Bidding is no longer open. Browse open general purpose tenders or see the related tenders below.

Compulsory briefing has closed

Held on 21 September 2026 at 11:00 · 310 Burger Street, Pietermaritzburg. Attendance was required to bid.

In plain English

The tender is for the provision of risk financing and short-term corporate insurance broking services for five years. Bidders must be registered on the CSD and provide a B-BBEE status level verification certificate or sworn affidavit.

Always check the official document
Closing date
8 October 2026
Location
310 Burger Street-Pietermaritzburg-Pietermaritzburg-3201
Estimated value
R 50 000 000
Published
2 September 2026
Tender no.
2026-040-B-

Description

uMngeni-uThukela Water is seeking a service provider for risk financing and short-term corporate insurance broking services. The contract will run for five years. The successful bidder will manage the insurance portfolio, conduct annual market reviews for competitive pricing, monitor insurer credit ratings, and handle claims management. Key deliverables include annual policy renewals, quarterly risk reports, monthly claims meetings, and staff training. The work will be based in Pietermaritzburg. Bidders must have international affiliations and proven experience in managing corporate technical insurance and self-insurance funds. A compulsory briefing session is scheduled for 21 September 2026.

What you need to qualify

  • Other registration — An industry registration the tender requires (e.g. PSIRA, NHBRC, a professional or trade licence).

Full requirements

  • Must hold valid FSCA or FSB authorization
  • Must hold minimum R10m Public Liability and R20m Professional Indemnity insurance
  • Key personnel must hold valid RE1 and RE5 regulatory certificates
  • Must attend the compulsory briefing session

Contact & how to apply

Name: Lungelo Madlala

Email: Lungelo.madlala@uuw.co.za

Phone: 033-341-1209

How to apply: Request tender documents via email to lungelo.madlala@uuw.co.za. Submit one original, bound bid document in the tender box at 310 Burger Street, Pietermaritzburg, 3201. Faxed or emailed submissions are not accepted.

Download tender documents

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