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Annexure B: Fee Proposal Example

Export Credit Insurance Corporation of South Africa SOC Limited

Official source

Source domain: ecic.co.za

Collected on 28 June 2026

Always confirm details on the official source before acting.

What this means

This Annexure B document gives the required pricing format for bidders on the SA Exim Bank legal services assignment. It instructs bidders to quote hourly rates for an initial two-year period or until the SA Exim Bank is established, differentiated by personnel rank. The template lists Senior Counsel, Director, Senior Associate, Associate, and Candidate Attorney categories and notes that rates must include overheads and VAT.

What this document offers

Read out of this document by Govermate's AI, in its own words. Each one quotes the line it came from — confirm on the official source before acting.

bidder fee proposal pricing submissionOngoing

Fee proposal pricing submission using Annexure B format (hourly rates for legal services)

Bidders are expected to submit a fee proposal using an hourly-rate pricing format for an initial 2-year period (or until the SA Exim Bank is established), with rates differentiated by personnel category and inclusive of overheads and VAT. Bidders must also provide a typical time distribution (percentages) for team members on a typical job, based on an estimated 3 000 hours annually.

Who it is for
bidders preparing a fee proposal for ECIC legal services
How to act on it
Prepare and submit the fee proposal pricing in the Annexure B format: quote hourly rates for Year 1 and Year 2 (including overheads and VAT) by category, provide a percentage increase after year 2 (including overheads and VAT), and provide a typical distribution of time by level as percentages of total person-hours billed on a typical job (based on 3 000 hours annually).
Show the line this came from
In terms of pricing, the following is expected from the Bidder: 1.1. The pricing should be an hourly rate for an initial period of 2 (two) years, or until the SA Exim Bank is established. Bidders should quote hours of the main personnel’s that are going to undertake the assignment.

Key Takeaways

  • Annexure B
  • Fee proposal example
  • SA Exim Bank legal services
  • Two-year initial period
  • Hourly rates
  • Senior Counsel
  • Rates inclusive of overheads and VAT