Financial and insurance activities tenders requiring B-BBEE certificate or affidavit

Not compliant yet?

Every tender on this page needs B-BBEE certificate or affidavit before your bid is even read. We can prepare it while you price the work.

Common questions

Do financial and insurance activities tenders require B-BBEE certificate or affidavit?

32 financial and insurance activities tenders on record name it in their bid documents, and 1 of those are open right now. It is not universal — plenty of tenders in this category do not ask for it — but on this kind of work it is common enough to plan for.

Can I bid on a financial and insurance activities tender without B-BBEE certificate or affidavit?

Not on the ones listed here. Where a tender names B-BBEE certificate or affidavit as a requirement, a bid without it is normally disqualified at the administrative stage, before anyone opens your pricing. That is the expensive part: you do the work of pricing a bid and it is never read.

Do I need a B-BBEE certificate to bid?

You need proof of status. Missing it rarely disqualifies you outright, but it costs you preference points, and on a close bid those points decide the award.

Do I need a verification certificate, or is an affidavit enough?

An Exempted Micro Enterprise, meaning annual turnover under R10 million, can use a sworn affidavit signed before a Commissioner of Oaths. It is free and carries the same weight as a certificate. A Qualifying Small Enterprise, R10 million to R50 million, may also use an affidavit unless it is black-owned and claiming an enhanced level. Above R50 million you need verification by a SANAS-accredited agency.

What does the 80/20 or 90/10 split mean?

It is how the buyer weights price against preference. On lower-value tenders, 80 points go to price and 20 to specific goals including B-BBEE; on higher-value tenders it is 90 and 10. A strong B-BBEE level cannot rescue an uncompetitive price, but it regularly separates two close bids.