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WHO WE ARE
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OUR BUSINESS
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INVESTMENT PHILOSOPHY AND APPROACH
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[note color="primary-dark"]
Corporate Procurement
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[column 12 layout="default" class="text"]Please Note: The following changes will be effected as at 1 July 2016:
Service Providers and Suppliers who wish to render services to PIC will no longer register at PIC directly. Suppliers will have to register on National Treasury Central Supplier Database (“CSD”) as per National Treasury Circular No 3 of 2015/6 – Central Supplier Database. National Treasury will maintain the database of all suppliers for Government and its institutions.
All existing and prospective suppliers are requested to self- register on the CSD by accessing the National Treasury website at
www.csd.gov.za
.
The Procurement department of the PIC is responsible for effectively sourcing and managing any and all external suppliers, services and systems essential to the overall functioning of the PIC. It is the PIC’s policy to source and procure services, products and systems through the principles of openness, integrity and accountability in compliance with the nationally accepted procurement practices of South Africa. This is done by applying the principles contained in the South African constitution and the Public Finance Management Act, 1999, both of which advocate fairness where it concerns procurement by public institutions. As a government-owned entity, potential suppliers seeking future procurement partnerships with the PIC should follow the PIC’s tender process by filling in the necessary documentation and following the PIC’s tender process in full. The PIC is committed to ensuring diversity and transformation in every aspect of our business. We are Level four B-BBEE contributor with a final B-BBEE Procurement Recognition Level of 100%.
Click
here
to view our B-BBEE verification certificate.
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