Proposal for Administration of First Home Finance 2026
Tender Overview
- Tender Number: 004/26
- Department: Dihlabeng Local Municipality
- Tender Type: Open Tender / Request for Bid
- Location: Bethlehem
- Closing Date: 07 July 2026 at 12:00
Purpose of the Tender
The purpose of this tender is to appoint a qualified service provider to administer the First Home Finance programme for qualifying beneficiaries within Bakenpark Extension 6 and a portion of Bakenpark Extension 7.
The project aims to support the “Missing Middle” market segment—households that earn too much to qualify for fully subsidised housing but often struggle to access traditional home financing options.
Scope of Work
The appointed service provider will be responsible for the end-to-end administration of the First Home Finance programme, including:
Beneficiary Administration
- Managing applications from qualifying beneficiaries.
- Assisting applicants throughout the application process.
- Providing guidance on housing finance requirements.
Verification and Compliance
- Verifying applicant information and supporting documentation.
- Assessing eligibility requirements.
- Ensuring compliance with programme rules and housing finance regulations.
Application Processing
- Processing applications efficiently and accurately.
- Maintaining applicant records and databases.
- Coordinating approvals and communication with stakeholders.
Stakeholder Support
- Liaising with:
- Beneficiaries
- Municipal officials
- Financial institutions
- Property practitioners
- Housing development stakeholders
Reporting
- Preparing progress reports.
- Monitoring programme performance.
- Providing updates to the municipality on implementation outcomes.
Technical Requirements
Bidders must submit the following:
Municipal Compliance Documents
- Proof of payment of municipal services (not older than three months), or
- Valid lease agreement where applicable.
Corporate Documentation
- Joint Venture Agreement (if applicable).
- Power of Attorney (if applicable).
Regulatory Compliance
- Proof of registration with:
- Estate Agency Affairs Board (EAAB), or
- Property Practitioners Regulatory Authority (PPRA).
Pricing
- Clear total bid price.
- VAT-inclusive pricing where applicable.
Bid Submission Requirements
- One original hard copy.
- One scanned PDF copy on flash drive.
- All prescribed forms completed and signed.
- Corrections countersigned.
- Submission in a sealed envelope clearly marked with the tender number and description.
Skills and Experience Required
The successful bidder should demonstrate expertise in:
Housing Finance Administration
- Home Loan Administration
- Housing Subsidy Administration
- Affordable Housing Programmes
- Beneficiary Management
Financial Services
- Mortgage Processing
- Credit Assessment Support
- Housing Finance Advisory Services
- Financial Compliance
Property Sector Knowledge
- Residential Property Transactions
- Property Development Support
- Housing Market Analysis
- Property Registration Processes
Administration and Compliance
- Records Management
- Documentation Verification
- Regulatory Compliance
- Stakeholder Coordination
Minimum Competencies
The municipality is likely to favour bidders with:
- Experience administering housing finance programmes.
- Strong understanding of affordable housing initiatives.
- Knowledge of government housing policies and finance mechanisms.
- Ability to process large volumes of applications accurately.
- Strong reporting and project administration capabilities.
- Experience working with municipalities and housing developments.
Evaluation Considerations
Bids are expected to be evaluated on:
Functionality
- Relevant experience.
- Technical approach.
- Capacity and resources.
- Qualifications and expertise.
Financial Offer
- Competitive pricing.
- Value for money.
Preference Points
- Compliance with applicable procurement regulations.
- B-BBEE considerations where applicable.