Tender for Provision of Insurance Brokerage for Non-Bank Financial Institutions Regulatory Authority for a Per

• NBFIRA has issued a tender for insurance brokerage services for five years.
• The tender is open to 100% citizen-owned companies domiciled in Botswana.
• Bidders must be registered with the PPRA in the category of Insurance & Pension Sub Code 06: Brokerage and risk-related Services.
• Tender documents can be purchased for a non-refundable fee of P250.00.
• Queries should be directed to the Procurement Office within five days of the closing date.

The tender process is governed by the Public Procurement Regulatory Authority (PPRA) and is subject to the Standardised Conditions of Tender for Services.

The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has issued a tender for the provision of insurance brokerage services for a period of five years. The tender, which is open to 100% citizen-owned companies domiciled in Botswana, requires bidders to be registered with the Public Procurement Regulatory Authority (PPRA) in the category of Insurance & Pension Sub Code 06: Brokerage and risk-related Services. The tender documents will be emailed to potential bidders during working hours between August 18, 2026, for a non-refundable fee of P250.00.

The tender process is governed by the Public Procurement Regulatory Authority (PPRA) and is subject to the Standardised Conditions of Tender for Services. The Local Procurement Scheme (LPS), Presidential Directive CAB 19 (B) of 2013, and Economic Diversification Drive (EDD) Presidential Directive Cab 34(B) 2014 also apply to this tender. Bidders must ensure compliance with these regulations in their submissions. Lawyers advising clients on compliance with Botswana's public procurement regulations should note that the tender documents must be purchased and payment proof submitted, and queries should be directed to the Procurement Office within five days of the closing date.

The provision of insurance brokerage services is a critical component of NBFIRA's operations. The successful bidder will have a significant role in ensuring that NBFIRA's non-bank financial institutions are adequately insured against various risks. This tender presents an opportunity for local companies to provide these essential services and contribute to the growth of Botswana's economy. The tender process also highlights the importance of compliance with public procurement regulations, which is crucial for ensuring transparency and fairness in government contracts.

Lawyers advising clients on compliance with Botswana's public procurement regulations should note that the tender documents must be purchased and payment proof submitted, and queries should be directed to the Procurement Office within five days of the closing date.

Source: Original reporting via NBFIRA