Construction of buildings tenders requiring Public liability insurance

Common questions

Do construction of buildings tenders require Public liability insurance?

40 construction of buildings tenders on record name it in their bid documents, and 9 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 construction of buildings tender without Public liability insurance?

Not on the ones listed here. Where a tender names Public liability insurance 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.

How much public liability cover do tenders usually require?

It varies with contract size and risk. A few million rand is common on smaller service contracts, and considerably more on construction. The bid document states the minimum, so read it before quoting.

Do I need the policy in place before I bid?

Usually you need proof at award rather than at bid, and many tenders accept a letter of intent from a broker. Check the wording, because some buyers require a valid policy schedule with the bid itself.