Official source
Source domain: www-idc-co-za.b-cdn.net
Collected on 17 June 2026
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Live demonstration requirement for shortlisted bidders (evaluation stage)
IDC states that the evaluation process includes a requirement for shortlisted bidders to provide a live demonstration of the proposed solution. IDC notes that if the solution is developed from the ground up specifically for IDC, a fully operational demonstration may not yet be available.
We note that the evaluation process includes a requirement for shortlisted bidders to provide a live demonstration of the proposed solution. In cases where a solution is proposed that would be developed from the ground up, specifically for IDC as part of the implementation, a fully operational demonstration may not yet be available.
Reference
T06/03/26
Opening Date
1 March 2026
RFP/RFQ T06/03/26: Appointment of a service provider to conduct a risk rating and pricing methodology enhancement
IDC invites bidders to propose and support the recalibration of the IRG/PD master scale and the development of data-driven LGD models, including a system platform/tool to support risk rating and pricing models (with automation and integration expectations). IDC provides answers on data availability, pricing framework flexibility (including economic capital/hurdle-rate considerations), acceptable solution approaches (existing off-the-shelf, hybrid, or IDC-specific build), and evaluation expectations including a live demonstration by shortlisted bidders.
RFQ Number: T06/03/26 Description: REQUEST FOR PROPOSAL (RFP) FOR THE APPOINTMENT OF A SERVICE PROVIDER TO CONDUCT A RISK RATING AND PRICING METHODOLOGY ENHANCEMENT.
