Appointment of a Financial Institution for Banking Services
Ms. Puselletso Melato
In plain English
The Steve Tshwete Local Municipality is seeking a financial institution to provide banking services for 60 months. Eligible bidders must have necessary registrations including a company registration certificate, Professional Indemnity Insurance, and be registered under the Bank Act and with the Financial Sector Conduct Authority.
Always check the official documentDescription
The Steve Tshwete Local Municipality is seeking a financial institution to provide comprehensive banking services. The contract will run for a period of 60 months. The work will be performed in Middelburg, Mpumalanga. Interested parties must demonstrate the necessary skills and capacity to manage municipal banking requirements. Bidders must achieve a minimum functionality score of 70 points to qualify for further evaluation. The final selection will be based on an 80/20 preferential point system, focusing on both price and specific goals. A non-compulsory clarification meeting is scheduled for 21 July 2026 at the Civic Center in Middelburg. The tender closes on 03 September 2026 at 12:00.
What you need to qualify
- CSD registration — Registration on the Central Supplier Database — required to do business with government.
- Other registration — An industry registration the tender requires (e.g. PSIRA, NHBRC, a professional or trade licence).
Full requirements
- Must be registered under the Banks Act No 94 of 1990
- Must hold valid Financial Sector Conduct Authority (FSCA) registration
- Must maintain valid Professional Indemnity Insurance
- Must be registered on the Central Supplier Database (CSD)
Contact & how to apply
Name: Ms. Puselletso Melato
Email: puselletso@stlm.gov.za
Phone: 013-249-7108
How to apply: Submit the completed tender in a sealed envelope clearly marked with the tender number and project name. Deliver the envelope to the tender box located on the 1st floor of the Steve Tshwete Local Municipality Civic Centre in Middelburg before the closing date and time.
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