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Provision of Risk Management Solution for BANKSETA

Jackie Kwinika

In plain English

BANKSETA is procuring a Risk Management Solution for three years. Eligible bidders must provide proof of being a Licensed Reseller or service provider of the proposed solution.

Always check the official document
Closing date
10 December 2026
Location
Block C2, 349 Witch-hazel Avenue, Eco Park Estate-Centurion-Centurion-0144
Estimated value
R 3 500 000
Published
13 November 2026
Briefing
20 November 2026 at 11:00 · Online
Tender no.
BS-2026-RFB581-

Description

The Banking Sector Education and Training Authority (BANKSETA) invites bids for the provision of a comprehensive Risk Management Solution. The project involves implementing a software system to manage compliance, risk, business continuity, combined assurance, and incident management. Key deliverables include data migration from manual systems, cloud-based hosting within South Africa, and training for 30 users and 4 system administrators. The solution must provide dashboards, heat maps, automated notifications, and audit trails. The contract duration is three years, with a system availability requirement of 97%. The work will be performed for BANKSETA, based in Centurion. Bidders must attend a non-compulsory virtual briefing on 20 November 2026. The tender closes on 10 December 2026.

What you need to qualify

  • CSD registration — Registration on the Central Supplier Database — required to do business with government.
  • Tax clearance — A valid SARS tax compliance status (PIN) showing your tax affairs are in order.
  • Other registration — An industry registration the tender requires (e.g. PSIRA, NHBRC, a professional or trade licence).

Full requirements

  • Registered on National Treasury Central Supplier Database (CSD)
  • Valid tax compliance status
  • Proof of South African-based data centre hosting
  • Proof of status as a Licensed Reseller or service provider
  • Three signed reference letters for similar GRC or risk management projects
  • Project team must hold NQF Level 5-6 professional qualifications
  • Signed Joint Venture Agreement if applicable

Contact & how to apply

Name: Jackie Kwinika

Email: jackiek@bankseta.org.za

Phone: 011-805-9661

How to apply: Submit one original hard copy, one copy, and one soft copy (memory stick) in three separate envelopes. Deliver to the submission box at Eco Origin Office Park, Block C2, 349 Witch-Hazel Avenue, Eco Park Estate, Highveld, Centurion, 0144. Emailed or faxed bids are not accepted.

Download tender documents

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