About this opportunity
AI summaryThe Industrial Development Corporation seeks a service provider to supply, implement, configure, maintain, and support a compliance management system. The system must maintain and update a single corporate regulatory universe, capture regulatory provisions and AI-assisted interpretations, calculate risk ratings, enable compliance risk management and monitoring plans, and track and escalate issues. Only South African organizations may submit proposals. Bidders must submit proposals online via the designated link by November 19, 2026, at 11:00 am, and submit questions by November 11, 2026. Evaluation follows a phased process covering mandatory compliance, technical functionality, system demonstrations, and an 80/20 preference point allocation for price and specific goals. Bids must remain valid for 120 days from the closing date.
Buyer and opportunity details
- Client
- Industrial Development Corporation
- Solicitation No.
- T61/11/26
Scope of work
- Maintain a single corporate regulatory universe with update and capturing capabilities
- Integrate data from the Sentinel system and support Power BI integration
- Compliance Risk Management Plans creation and management
- Monitoring plan creation and workflow-based monitoring templates
- Issue log tracking and automated real-time escalation notifications
- Audit trail capturing and reporting dashboard
- Training for seven IDC CRAD end users and skills transfer for three system administrators
- 600 hours of ad-hoc support over a period of three years
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Phase 2: Bidder Relevant Experience | 20 |
| Phase 2: Project Implementation Plan | 10 |
| Phase 2: Skills Transfer Plan | 5 |
| Phase 2: Bidder Proposed System Functionalities | 15 |
| Phase 2: Qualifications Experience and Skills of Proposed Personnel | 10 |
| Phase 2: Demonstrations on Proposed System Functionalities | 40 |
| Phase 3: Price | 80 |
| Phase 3: Specific Goals | 20 |
Minimum qualifications
- Experience in supply, configuration, implementation, support, and maintenance of Compliance Management and Monitoring System with 3 relevant reference letters
- Project Manager with degree/diploma in Project Management/IT/related field and minimum 5 years relevant experience
- Business Analyst with degree/diploma in Computer Science/IS/Business Analysis/related field and minimum 5 years relevant experience
- Compliance Specialist with degree/diploma in Law/Audit/Risk Management/Corporate Governance/related field and minimum 5 years relevant experience
- Technical resource with experience in Power BI, SharePoint, and systems integration
- Tax compliant status confirmed with SARS
Documents to include with your response
- Cover Page indicating RFP reference number and bid description
- Executive Summary
- Annexure 1: Response Format for Section 2 (Experience and Project Team)
- Annexure 2: Acceptance of Bid Conditions and Bidder Details
- Annexure 3: Tax Compliance Requirements / TCS / PIN / CSD Number
- Annexure 4: Bidder Disclosure Form
- Annexure 5: Shareholders and Directors Information
- Annexure 6: BEE Commitment Plan and B-BBEE verification certificate or sworn affidavit
- Annexure 7: Disclosure Statement
- Annexure 8: POPIA Requirements form
Key dates
- Issue Date
- 03 November 2026
- Enquiries due
- 11 November 2026 after 16:00pm
- Closing Date and Time
- 19 November 2026 at 11:00 am
How to submit
- Method
- Electronic via dedicated SharePoint portal
- Instructions
- Submit to specified SharePoint portal link in standard Microsoft suite or pdf format. File size limit is 50MB. Price proposal must be a separate file marked Schedule 4.
Contract details
- Term
- Implementation within six (6) months, followed by maintenance and support including 600 ad-hoc support hours over three (3) years