Tenders Are Invited For Provision Of Short Term Insurance in South Africa

Work Detail

Tenders are invited for Provision of Short Term Insurance for the Period of One (01) Year 1.ALL BUILDINGS COMBINED All buildings and erections including fixtures and fittings therein, thereto or thereon, boundary walls, gates, posts and fences belonging thereto and contents contained in any building, structure or erection, including underground fuel storage tanks and their contents lamp posts and stadiums. (Buildings Standard) and (Building thatch) R294 723 734 All substations, mini substations, transformers, electrical switchgear including fixtures and fittings related thereto R1 180 150 454,00 2.RESIDENTAL DWELLINGS R14 479 767 ALL BUILDINGS HOUSES, RESIDENTIAL UNITS, HOSTELS and FLATS including all outbuildings and all fixtures and fitting therein, thereto and thereon, gates, walls and fencing belonging thereto, satellite dishes and antenna being the property of the Insured or for which they are responsible or in which the Insured. (Buildings Standard) and (Building thatch) 3.INVENTORY/ STOCK MATERIALS 1. All municipal Inventory/Stock Materials R20 000 000 4.All OFFICE CONTENTS 1. Office Contents R17 530 935 5.BUSINESS ALL RISKS 1. Laptops R5 153 059 2. All Other Computer Equipments R15 986 572 3. Software R8 526 408 6.LIBRARY BOOKS 1. All Library Books R1 833 023 3 7.SOLIDE WASTE Solid Waste R46 224 381 8.MONEY 1. In respect of money contained in a locked safe, strong room and office R100 000 1. Reasonable Precautions R10 000 2. Claims Preparation Costs R10 000 9.FIDELITY GUARANTEE 1. Limit any one period R800 000 All employees and Councilors 2. Recovery cost R150 000 3. Claims Preparation Costs R100 000 10.ACCIDENTAL DAMAGE 1. Limit of indemnity R5 000 000 2. Claims Preparation Costs R100 000 11.STATED BENEFITS 1. Death 3 x annual salary All employees of the insured Salary and Wage Roll 2. Permanent Disability % of Death Benefit as specified for disability R394 852625 Work related accidental death & work-related injury cover 3. Temporary Total Disability 100% of weekly earnings for 104 weeks 4. Medical Expenses R30 000 5. Funeral Costs R40 000 12.PERSONAL ACCIDENT 1. Death R500 000 75 Councilors 2. Permanent Disability % of Death Benefit as specified for disability Council activities Salary and Wage Roll R30 557053 R5200 per week for a maximum period of 104 weeks 3. Temporary Total Disability R30 000 4 4. Medical Expenses R30 000 3. Funeral Costs R40 000 6. Repatriation R30 000 13.HERITAGE ASSETS 1. All Heritage Assets R2 160 238 14.MACHINERY BREAKDOWN BUSINESS INTERRUPTION 1. All Machine and Equipment R67 395 806 15. TRANSPORT ASSETS 2.All vehicles R82 964 719 16.MOTOR FLEET i. Minibuses seat up to 16 people. Number of Units 02 ii. Commercial Vehicles as follows: a) LDVs Number of Units 68 b) Trucks Number of Units 54 c) Sedan Number of Units 13 d) SUV Number of Units 04 e) Tractors Number of Units 19 f) Emergency vehicles Number of Units 0 iii. Buses and minibuses seat more than 16 persons Number of Units 01 iv. Trailers Number of Units 24 v. Special type vehicles (Front end loader /dozer) construction vehicles Number of Units 01 vi. Graders Number of Units 11 vii. TLBS Number of Units 8 viii. Compactor dresser-dozer Number of units 01 Tender Link : http://www.makhado.gov.za/index.php?q=tender_rfq

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