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LS140223 T11 02 23 Appointment of a Panel of Auctioneers

IDCRef: T11/02/23

Official source

Source domain: www-idc-co-za.b-cdn.net

Collected on 17 June 2026

Always confirm details on the official source before acting.

What this means

This document is a Request for Proposal (RFP) from the Industrial Development Corporation (IDC) for the appointment of a panel of auctioneers to conduct the online sale of distressed assets and debtors on an ad-hoc basis. It sets out bid submission requirements, including an electronic-only submission by email to tenders@idc.co.za, and specifies a bid closing date of 8 March 2023 at 11:00 AM. It also describes bid validity (120 days), enquiry deadlines (27 February 2023 at 16:00), evaluation and disqualification conditions, and post-award requirements such as concluding a Service Level Agreement (SLA).

Facts

Reference

T11/02/23

Key Takeaways

  • RFP reference: T11/02/23
  • Subject: Appointment of a panel of auctioneers for online sale of distressed assets and debtors (ad-hoc basis)
  • Bid closing date/time: 8 March 2023 at 11:00 AM
  • Enquiries deadline: 27 February 2023 at 16:00
  • Bid validity period: 120 days from bid closing date
  • Submission method: electronic only; email to tenders@idc.co.za
  • Disqualification: late bids, wrong email address, non-standard/unaccessible file formats, missing/incomplete schedules, non-tax-compliant status
  • Post-award obligation: conclude a Service Level Agreement (SLA) with IDC and provide performance scorecard
  • Industrial Development Corporation of South Africa Ltd (IDC)
  • Amelia Rawstorne
  • SARS
  • National Treasury
  • FICA
  • POPIA

Dates

Opening Date

1 February 2023

Closing Date

27 February 2023

LS140223 T11 02 23 Appointment of a Panel of Auctioneers | Govermate