Development of ECL Model for Gauteng Municipalities.
Nontokozo Khumalo
In plain English
The Gauteng Provincial Treasury is procuring the development and implementation of an Expected Credit Loss (ECL) model compliant with revised GRAP 104 for two Gauteng municipalities. Bidders must have a minimum of 10 years' experience in financial or credit risk modelling and experience with GRAP 104 or IFRS 9 models.
Always check the official documentDescription
The Gauteng Provincial Treasury invites bids for the development, customization, and implementation of an Expected Credit Loss (ECL) model for two Gauteng municipalities. This project ensures compliance with the revised GRAP 104 accounting standards. The selected service provider will perform diagnostic assessments, develop modeling methodologies, and provide training to municipal officials. The project includes ongoing technical support and audit assistance until 30 November 2026. Key team members must include Chartered Accountants registered with SAICA and IRBA. The tender is subject to an 80/20 preference point system. Bids must be submitted by 11:00 am on 24 August 2026.
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
- Valid Tax Compliance Status (TCS) PIN
- Registered on the National Treasury Central Supplier Database (CSD)
- Valid CIPC Company Registration Certificate
- Valid B-BBEE Certificate or Sworn Affidavit
- Professional registration for key team members (e.g., SAICA, IRBA)
Contact & how to apply
Name: Nontokozo Khumalo
Email: GPT.Quotations@gauteng.gov.za
Phone: 078-254-9654
How to apply: Submit your quotation and proposal via the official eTender portal. Ensure your company letterhead is used and include the RFQ number (RFQ-FY27-0070) in the subject line of all correspondence.
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