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Bid Notice: Appointment of an Insurance Broker for Lesotho Government Motor Vehicle Insurance

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Tender Number: 3 of 2026/27

The Ministry of Finance and Development Planning invites sealed bids from eligible and qualified bidders for the Appointment of an Insurance Broker for Lesotho Government Motor Vehicle Insurance.

Tender Details

The Ministry has allocated funds for the procurement of an Insurance Broker to provide motor vehicle insurance brokerage services for the Government of Lesotho.

Bidding will be conducted using the Open Quality and Cost-Based Selection (QCBS) method in accordance with the Public Procurement Act and is open to all eligible bidders.

Inspection and Purchase of Bidding Documents

Interested bidders may inspect and obtain the bidding documents from:

Ministry of Finance and Development Planning
Procurement Unit, Room 2010
Finance House, Government Complex

  • Available From: 22 June 2026
  • Office Hours: 08:30 – 16:30
  • Participation Fee: M2,000.00 (Non-refundable)
  • Payment Method: Cash

Tender documents are also available on the Ministry’s website.

Requests for Clarifications

All requests for clarifications must be submitted in writing on or before:

31 July 2026

Email: [email protected]

Bid Submission

Completed bids must be submitted to:

Tender Box
3rd Floor, Finance House
Next to Room 3016
Ministry of Finance and Development Planning
Government Complex, Lesotho

Submission Deadline

25 August 2026 at 12:00 PM (SAST)

Late submissions will not be accepted.

Bid Opening

Bids will be opened in the presence of bidders or their authorised representatives.

  • Date: 25 August 2026
  • Time: 2:30 PM
  • Venue: Finance House Tender Boardroom, 3rd Floor, Government Complex

Bid Security

All bids must be accompanied by:

  • Bid Security: LSL 50,000.00

The bid security must remain valid for 120 days from the bid closing date.

Procurement Schedule

ActivityDate
Publication of Bid Notice22 June 2026
Issue of Tender Documents22 June 2026
Deadline for Clarifications31 July 2026
Issuance of Clarification Responses4 August 2026
Bid Closing Date25 August 2026 at 12:00 PM
Technical Evaluation01 – 04 September 2026
Financial Evaluation08 – 11 September 2026
Submission of Evaluation Report to Procurement Committee15 September 2026

Important Information

  • All costs associated with the preparation and submission of the proposal shall be borne by the bidder.
  • The tender will be awarded by the Ministry of Finance and Development Planning Procurement Committee.
  • Award of the tender is subject to the successful conclusion of a mutually agreed contract.
  • The Ministry reserves the right to cancel the tender before submission or opening, postpone submission or opening dates, or accept or reject any or all bids without assigning any reason.
  • The Ministry is not bound to accept the lowest or any bid.

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