Procurement

Overview

  • NAMFISA's Procurement Policy aligns with the Public Procurement Act 2015 (Act No. 15 of 2015), Public Procurement Regulations 2015 (PPR), and the NAMFISA Act 2001 (Act No. 3 of 2001). We fully support and adhere to the government's policy and legislative framework aimed at addressing social and economic disadvantages.
Application Process
Streamlined compliance for success
Bid NoTitleStatusYearBriefing SessionBiddersAwarded ToAttachments
EOI/OIB/NAMFISA-001/2024EXPRESSION OF INTEREST: CONSULTANCY SERVICES FOR THE IMPLEMENTATION OF THE NON-BANK FINANCIAL SERVICES INDUSTRY “NBFSI” RISK BASED MARKET CONDUCT SUPERVISORY FRAMEWORKOpen2024
G/RFQ/NAMFISA-010/2024REQUEST FOR QUOTATIONS – SUPPLY AND DELIVERY OF IT ACCESSORIES AND LICENSE RENEWALSOpen2024
Bid NoTitleStatusYearBriefing SessionBiddersAwarded ToAttachments
NCS/ONB/NAMFISA-001/2022EXECUTIVE SUMMARY OF BID EVALUATION REPORTClosed2019Best Evaluated Bid: Creative Concepts cc for a total amount of NAD 3, 538, 430.60 (excluding VAT) as the lowest evaluated bid subject to Regulation 41(1) of the Public Procurement Regulations.
IG/IQ/NAMFISA-034/2019SUPPLY AND DELIVERY OF NAMFISA NOTEBOOKS & INSERTSClosed2019The purchase order was awarded to Spice Corporate & Promotional Items as the best lowest priced bidder for the amount of N$18, 601.25 incl. VAT.
G/IQ/NAMFISA-033/2018PURCHASE ORDER FOR THE PURCHASE OF NOTEBOOKS · ICTClosed2019The purchase order was awarded to VCS Computers cc as the best lowest priced bidder for the amount of N$58, 103.75 incl. VAT.
G/RFQ/NAMFISA-037/2019RENEWAL OF THE MICROSOFT OPEN VALUE LICENSE (SOFTWARE ASSURANCE FOR NAMFISA – 3 YEAR FRAMEWORK AGREEMENT.Closed2019The purchase order was awarded to Green Enterprise Solutions as the best lowest priced bidder for the amount of N$3, 504, 051.15 incl. VAT for three years.
G/RFQ/NAMFISA-038/2019SUPPLY AND DELIVERY OF ICT HARDWARE AND PERIPHERALSClosed2019The purchase order was awarded to Cornastone Technologies (Pty) Ltd as the best lowest priced bidder for the amount of N$152 386.50 (incl. VAT)
G/RFQ/NAMFISA-033/2019RENEWAL OF KASPERSKY SECURITY FOR MAIL SERVER FOR NAMFISAClosed2019The purchase order was awarded to Green Enterprise Solutions as the best lowest priced bidder for the amount of N$21 390.00 (incl. VAT)
G/RFQ/NAMFISA-036/2019RENEWAL OF NITRO PRO LICENSE WITH UPGRADE TO 12 FOR NAMFISA – 1 YearClosed2019The purchase order was awarded to Business Connexion Namibia for the amount of NAD43, 641.20
G/RFQ/NAMFISA-035/2019RENEWAL OF MANAGEENGINE OPMANAGER LICENCE, SUPPORT & MAINTENANCE FOR NAMFISAClosed2019The purchase order was to Business Connexion Namibia as the best lowest priced bidder for the amount of NAD43, 429.49
G/RFQ/NAMFISA-034/2019RENEWAL OF VEEAM BACKUP AND REPLICATION LICENSE RENEWAL FOR NAMFISA – 2 YEARSClosed2019The purchase order was awarded to Virtua Technologies (Pty) Ltd as the lowest evaluated bidder for the amount of NAD60, 258.06
EOI/OIB/NAMFISA/002-2017 Development of a Capability Framework for NAMFISAClosed2017Ernst & Young (NAM) 2. KPMG (NAM) 3. Capacity Trust (NAM) JV Correlate People & Performance (SA) 4. RMZ Consultants cc (NAM) JV Industrial Psychology Consulting (SA)
EOI/NAMFISA/01-2017Appointment of NAMFISA's Panel of Forensic Investigators/Firms/ConsultantsClosed2017 Bowmann Gilfillan (SA) 2. Deloitte & Touch (NAM) 3. Ernst & Young (NAM) 4. PWC (NAM) 5. Nexia (SA) 6. D-Finitive (SA) 7. KPMG (NAM) 8. BDO (NAM
NCS/RFQ/NAMFISA/008-2017Provision of Media Monitoring and Analysis Services to NAMFISAClosed2017Meltwater South Africa Pty Ltd
RFP/FI/001-2017 Provision of External Audit Services to NAMFISA and Subsidiary METROPOLClosed2017PwC Namibia
Bid NoTitleStatusYearAttachments

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Annual Procurement Plans

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Supplier Relationship Management

Supplier Guidelines


We strive to provide an effective and efficient procurement service to the Namibia Financial Institutions Supervisory Authority (NAMFISA) and its stakeholders by adhering to procurement best practices and ensuring optimal resource management, in compliance with NAMFISA policies and the relevant procurement regulatory framework. NAMFISA is committed to affirmative procurement practices consistent with the Codes of Good Practice, as stipulated in the Public Procurement Act of 2025, as amended.

We expect our suppliers, as partners, to continually pursue excellence in service delivery, drive cost efficiency, mitigate risk exposure, and present innovative solutions to our challenges. However, our interactions must be grounded in sound ethical conduct, good governance, and compliance with the Authority’s policies and procedures.

We look forward to developing these partnerships and relationships in the future.

Code of Good Practice – Overview


The Public Procurement Code of Good Practice for Preferences in Namibia aims to promote economic development and empower local suppliers. Issued under the Public Procurement Act of 2015, this Code provides guidelines for preferential treatment of various categories of suppliers, including small and medium enterprises (SMEs), women-owned businesses, youth-owned enterprises, and previously disadvantaged individuals.

Key features include:
  • Exclusive Preferences: Certain procurements are reserved exclusively for local suppliers who meet specific nationality and local content requirements.
  • Qualification Criteria: Suppliers must meet defined criteria to qualify for preferential treatment, ensuring fair and transparent procurement processes.
  • Economic Inclusivity: The Code aims to stimulate economic activities across all regions of Namibia by sourcing goods, works, and services from local suppliers.

    This initiative underscores Namibia's commitment to fostering a more inclusive and sustainable economic environment.
  • Web 1920 – 11
    Procurement Management Unit
    Email: procurement@namfisa.com.na
    Tel: 061 290 5239/5249/5131

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      Frequently Asked Questions

      What is a bid securing declaration?
      • A bid securing declaration is an undertaking in writing that a bidder will not withdraw the bid or reject to sign the contract.
      • The display of the procurement plan does not affect the procurement process since the award of contract is not only based on price but follows the evaluation criteria stated in the bidding document. The bidders will still be subjected to competition to determine the best offer.
      • Payment terms to a contract should be clearly prescribed as per the conditions in the bid document and the contract.
      • a) Ensuring that procurement procedures established under the Act are complied with;
      • b) Monitoring the procurement system and reporting on its overall functioning
      • c) Initiating public procurement policy
      • d) Assisting in the implementation and operation of the public procurement system by:
      • - preparing and distributing manuals and standard tender documents,
      • - providing advice and assistance to procuring entities, and develop, promote and support training and professional development of staff involved in procurement
      • Any late tenders submitted after the deadline date or time should be rejected in line with the Invitation to Tender. It is expected that Public Entities comply with the Act at all the stages of the procurement process.
      • All of NAMFISA’s procurement activities are governed by the Public Procurement Act, Act 15 of 2015 and Regulations, as amended, the Code of Good Practice, all Directives issued by the Ministry of Finance and NAMFISA’s Procurement Policy.  For further information on public procurement please visit the Policy Unit portal on the Ministry of Finance website.
      • Questions must be submitted in writing. Each bid states the contact person and where questions should be sent. You will find a final deadline for questions which is usually fourteen (14) days before the deadline of the bid submission closing date.
      • A report detailing relevant questions, answers and clarifications for each separate procurement is published on the website.
      • The questions and answers that are published on the website provide important additional information to that contained in the bid invitation, so it is important to read the information published there.
      • When NAMFISA has made a decision of award, all bidders will receive a notice for award.  The notice contains the details of the successful bidder and the bid price.  The Notice for Selection of Award is issued by way of e-mail to the bidders, by notice on the Government E-GP portal and the NAMFISA website.
      • In terms of Section 59 of the Public Procurement Act 15 of 2015, a bidder or supplier may, as prescribed, apply to the Review Panel for the review of a decision or action taken by the Public Entity. 

        A Bidder who is dissatisfied by a decision of award may in writing request NAMFISA/ the Public Entity to reconsider its decision of the award together with the grounds for such reconsideration request.  If the Bidder is still aggrieved by the decision after such reconsideration, it may in terms of Section 59
      • No. Bids will be opened internally by the Public Entity immediately after the closing time. However, a record of the Quotation Opening stating the name of the bidders, the amount quoted, the presence or absence of a Bid Security/Bid Securing Bidder Declaration, will be posted on the website of the Public Entity and available to any on request within three working days of the Opening.

        The Public Entity shall have the right to request for clarifications in writing during evaluation.
      • No, only pages of the Bid where entries or amendments have been made shall be initialed by the person or persons signing the bid.
      • The Chief Executive Officer
        NAMFISA Toll-free Number (0800 222 333)
        Email: namfisa@tips-off.com

        Or

        PPU – Tel: +264 (61) 209 9413, Ministry of Finance, Head Office, Moltke Street, Private Bag 13295, Windhoek, Namibia
        ACC – C/o Mont Blanc & Groot Tiras Str. Eros
        PO Box 23137, Windhoek
        Email: Acting Head Mrs. Justine Kanyangela: jnamukwambi@accnamibia.org
        Tel: +26461 4354000
      • Bidders and suppliers can submit valid original documents or valid certified copies of an original document as certified by a Commissioner of Oath appointed in terms of the Justice of the Peace and Commissioner of Oaths Act, 1963 (Act No. 16 of 1963) as amended and as per the directive issued by the Minister of Finance on 29 August 2019. Bidders and suppliers may not be disqualified for submitting valid certified copies.
      • The Public Procurement Act has objectives as stipulated in Section 2 which are to promote integrity, accountability, transparency, competitive supply, effectiveness, efficiency, fair-dealing, responsiveness, informed decision-making, consistency, legality and integration.

        Furthermore, the Act aims for Public Procurement to contribute to:
        • 1. The job creation for Namibian citizens;
        • 2. The empowerment of Namibian registered small and medium enterprises, women and youth by creating economic opportunity for them and enhancing their participation in the mainstream economy;.
        • 3. Sourcing of goods manufactured, mined, extracted or grown in Namibia and local services and labour, including local entrepreneurial development; and
        • 4. Preferential treatment in the allocation of procurement contracts to –

        • - Namibian registered small and medium enterprises.
        • - Namibian registered joint venture business.
        • -Categories of Namibian manufacturers, suppliers, contractors and service providers.
        • - Namibian registered entities that promote the protection of the environment, maintain ecosystems and sustainable use of natural resources; or
        • - Namibian natural persons or categories of persons, including persons who have been, economically or educationally disadvantaged by past racial discriminatory laws or practices,


        These objectives should encourage all businesses in Namibia to offer their goods and services to government to support the government to achieve the objects of the Act.
      Who may appeal to the Appeal Board?
      • Section 24 of the NAMFISA Act provides that any person aggrieved by a decision of the Chief Executive Officer taken under this Act or any other law may within the period and in the manner and upon payment of the fees prescribed by the Minister, appeal against that decision to the Board of Appeal.
      • A notice of appeal must be lodged with the Secretary within fourteen days of the person becoming aware of, or ought to have become aware of, the decision. The full procedure for lodging an appeal is set out in the regulations promulgated in terms of the NAMFISA Act. The Appeal Regulations provide for an application for condonation.
      • The Appeal Board may after hearing the appeal confirm, set aside or vary the decision of the Chief Executive Officer and order that the decision of the Board of Appeal be given effect to. A party who is dissatisfied with the Appeal Board’s decision has a right of review to the High Court if there are grounds for reviewing the decision.
      • The procedure at the hearing of an appeal is determined by the Chairperson of the panel hearing the appeal. Generally, the Appeal Board is restricted to information which was available to the decision-maker at the time of making the determination or decision. Parties are usually represented by legal representatives, although legal representation is not obligatory.

      Supplier Relationship Management

      Supplier Relationship Management

      Supplier Relationship Management

      Frequently Asked Questions

      What is a bid securing declaration?
      • A bid securing declaration is an undertaking in writing that a bidder will not withdraw the bid or reject to sign the contract.
      • The display of the procurement plan does not affect the procurement process since the award of contract is not only based on price but follows the evaluation criteria stated in the bidding document. The bidders will still be subjected to competition to determine the best offer.
      • Payment terms to a contract should be clearly prescribed as per the conditions in the bid document and the contract.
        1. Ensuring that procurement procedures established under the Act are complied with;
        2. Monitoring the procurement system and reporting on its overall functioning;
        3. Initiating public procurement policy;
        4. Assisting in the implementation and operation of the public procurement system by:
          • preparing and distributing manuals and standard tender documents
          • providing advice and assistance to procuring entities, and develop, promote and support training and professional development of staff involved in procurement
      • Any late tenders submitted after the deadline date or time should be rejected in line with the Invitation to Tender. It is expected that Public Entities comply with the Act at all the stages of the procurement process.
      • All of NAMFISA’s procurement activities are governed by the Public Procurement Act, Act 15 of 2015 and Regulations, as amended, the Code of Good Practice, all Directives issued by the Ministry of Finance and NAMFISA’s Procurement Policy. For further information on public procurement please visit the Policy Unit portal on the Ministry of Finance website.
      • Questions must be submitted in writing. Each bid states the contact person and where questions should be sent. You will find a final deadline for questions which is usually fourteen (14) days before the deadline of the bid submission closing date.
      • A report detailing relevant questions, answers and clarifications for each separate procurement is published on the website.
      • The questions and answers that are published on the website provide important additional information to that contained in the bid invitation, so it is important to read the information published there.
      • When NAMFISA has made a decision of award, all bidders will receive a notice for award. The notice contains the details of the successful bidder and the bid price. The Notice for Selection of Award is issued by way of e-mail to the bidders, by notice on the Government E-GP portal and the NAMFISA website.
      • In terms of Section 59 of the Public Procurement Act 15 of 2015, a bidder or supplier may, as prescribed, apply to the Review Panel for the review of a decision or action taken by the Public Entity. I think we could also include something about the bidder first requesting NAMFISA to reconsider their decision before applying to the Review Panel. A Bidder who is dissatisfied by a decision of award may in writing request NAMFISA/ the Public Entity to reconsider its decision of the award together with the grounds for such reconsideration request. If the Bidder is still aggrieved by the decision after such reconsideration, it may in terms of Section 59.
      • No. Bids will be opened internally by the Public Entity immediately after the closing time. However, a record of the Quotation Opening stating the name of the bidders, the amount quoted, the presence or absence of a Bid Security/Bid Securing Bidder Declaration, will be posted on the website of the Public Entity and available to any on request within three working days of the Opening. The Public Entity shall have the right to request for clarifications in writing during evaluation.
      • No, only pages of the Bid where entries or amendments have been made shall be initialed by the person or persons signing the bid.
        • The Chief Executive Officer
        • NAMFISA
        • Toll-free Number (0800 222 333)
        • Email: namfisa@tips-off.com

        Or

        • PPU – Tel: +264 (61) 209 9413, Ministry of Finance, Head Office, Moltke Street,
        • Private Bag 13295, Windhoek, Namibia
        • ACC – C/o Mont Blanc & Groot Tiras Str. Eros
        • PO Box 23137, Windhoek
        • Email: Acting Head Mrs. Justine Kanyangela: jnamukwambi@accnamibia.org
        • Tel: +26461 4354000
        • Bidders and suppliers can submit valid original documents or valid certified copies of an original document as certified by a Commissioner of Oath appointed in terms of the Justice of the Peace and Commissioner of Oaths Act, 1963 (Act No. 16 of 1963) as amended and as per the directive issued by the Minister of Finance on 29 August 2019. Bidders and suppliers may not be disqualified for submitting valid certified copies.
        • The Public Procurement Act has objectives as stipulated in Section 2 which are to promote integrity, accountability, transparency, competitive supply, effectiveness, efficiency, fair-dealing, responsiveness, informed decision-making, consistency, legality and integration.

          Furthermore, the Act aims for Public Procurement to contribute to:
          1. the job creation for Namibian citizens;
          2. the empowerment of Namibian registered small and medium enterprises, women and youth by creating economic opportunity for them and enhancing their participation in the mainstream economy;
          3. sourcing of goods manufactured, mined, extracted or grown in Namibia and local services and labour, including local entrepreneurial development; and
          4. preferential treatment in the allocation of procurement contracts to –
            • Namibian registered small and medium enterprises.
            • Namibian registered joint venture business.
            • Categories of Namibian manufacturers, suppliers, contractors and service providers.
            • Namibian registered entities that promote the protection of the environment, maintain ecosystems and sustainable use of natural resources.
            • Namibian natural persons or categories of persons, including persons who have been, economically or educationally disadvantaged by past racial discriminatory laws or practices.

          These objectives should encourage all businesses in Namibia to offer their goods and services to government to support the government to achieve the objects of the Act.

      Overview

      Overview

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