REQUEST FOR PROPOSALS
PROPERTY MANAGEMENT SERVICES (PF/RFP/2025/2026-06)
The Petroleum Fund (referred herein as the Fund) is a statutory organisation under the Ministry of Finance and Development Planning, which was established through Legal Notice No. 96 of 1997 under the Finance Order of 1988. The organisation is further delegated, under the Fuel and Services Control (Delegation Notice) Number 32 of 2021, the powers to set the price and time at which Petroleum Products may be adjusted. It is managed by the Board of Directors, while day-to-day activities are administered by the Secretariat, headed by the Chief Executive Officer, and its operations are guided by the Lesotho (Petroleum Fund) Regulations of 2021.
The Fund invites proposals from suitably qualified and experienced Property Management firms to manage the Petroleum Fund Headquarters and ensure the efficient and cost-effective operations, maintenance, safety and security, marketing and management of sub-lease agreements.
Interested, eligible bidders may obtain the Terms of Reference upon payment of a non-refundable fee of M1000.00 into the Fund’s bank account below:
Bank Name: – Nedbank
Account Holder: – Petroleum Fund
Account No: 021000028317
Branch: Kingsway
The tender documents will be available at the Petroleum Fund offices from Friday, 22nd August 2025.
Interested Service Providers are required to attend a compulsory pre-bid meeting on the 9th of September 2025 at 10:00 hrs at the Petroleum Fund offices. Requests for clarifications should be made in writing on or before 14:00hrs on Thursday, the 11th of September 2025, to the following e-mail address: supplier@petroleum.org.ls.
The Proposals must be submitted in sealed packages clearly marked ‘PF/RFP/2025/2026-06 PROPERTY MANAGEMENT SERVICES’, containing Technical Proposals and Financial Proposals sealed in separate envelopes. The deadline for submission of proposals is Thursday, the 25th of September 2025, by 12:00hrs, to be followed by a public opening of Technical Proposals at 12:15hrs on the same day.
Hard copy proposals must be delivered to the following address:
Petroleum Fund LCCI Building
Orpen Road, Old Europa
Maseru 100
Tel. (+266) 22312137
Online submissions may be made by sending encrypted Technical and Financial proposals to supplier@petroleum.org.ls by the set deadline.
Summary
- The Petroleum Fund (referred herein as the Fund) is a statutory organisation under the Ministry of Finance and Development Planning, which was established through Legal Notice No.
- The organisation is further delegated, under the Fuel and Services Control (Delegation Notice) Number 32 of 2021, the powers to set the price and time at which Petroleum Products may be adjusted.
- The Fund invites proposals from suitably qualified and experienced Property Management firms to manage the Petroleum Fund Headquarters and ensure the efficient and cost-effective operations, maintenance, safety and security, marketing and management of sub-lease agreements.

Your Trusted Source for News and Insights in Lesotho!
At Newsday Media, we are passionate about delivering accurate, timely, and engaging news and multimedia content to our diverse audience. Founded with the vision of revolutionizing the media landscape in Lesotho, we have grown into a leading hybrid media company that blends traditional journalism with innovative digital platforms.