Tender Description

Bids are hereby invited for the appointment of a panel of three (3) debt collection providers for the period of three (3) years. Scope of Works:’ • Collections of overdue amounts through employing a specific strategy on: a) Vehicle and Taxi Finance Debt Collections; b) Secured Debt ( Mortgage Loans); c) Unsecured Debt (Personal Loans); • General: a) Report on Monthly Collection Percentage in respect of performance; b) Collections will be based on a nil collection, nil fee basis; c) Provide updates to Ithala on market trends in Collections which could be in the form of a quarterly newsletter etc; and also provide updates on changes in Regulations and Compliance issues that have a direct bearing on Debt Recovery activities; for example, changes to the Prescription bill etc. Province: KwaZulu-Natal.

Submissions (E) [email protected]
Procurement Enquiries: Mvelo Bekwa(T) 031 366 2615 (E) [email protected]

Closing Date

31 January 2022     14H00

Compulsory Briefing

No Detail

Evaluating Principle

No Detail

Tender Number

RFQ 19721


For further information and documents please visit the following website: https://www.etenders.gov.za/Home/opportunities?id=1.

Quotations to be submitted via email: [email protected] or to be hand delivered at Delta Towers, 15th floor, Ithala reception, 303 Dr Pixley KaSeme Street, Durban, 4000. Bids must be delivered by the stipulated time to the correct address.

Late bids will not be accepted for consideration. All bids must be submitted on the official forms provided–(not to be re-typed) or in the manner prescribed in the bid document. This bid is subject to the preferential procurement policy framework act, 2000 and the preferential procurement regulations, 2017, the general conditions of contract and, if applicable, any other special conditions of contract. 

Please contact them directly for any additional information.

Good luck – we offer awesome value-adding services for debt collection strategies – contact us should you need more information.