Port Asset Revaluation Services

Transnet is inviting proposals for the provision of port operating asset revaluation services for a duration of three years. This tender encompasses the revaluation of assets located at the Port of Durban, Port of Richards Bay, Port of East London, Port of Port Elizabeth, Port of Ngqura, Port of Cape Town, and Port of Saldanha. The selected service provider will be responsible for assessing the current value of various port assets, ensuring compliance with applicable accounting standards and regulations, and delivering detailed reports on their findings.

The scope of work includes a thorough evaluation of fixed assets, preparation of a comprehensive asset register, and adherence to the technical evaluation criteria outlined in the tender documents. Bidders must demonstrate relevant experience, provide references, and meet delivery timelines as specified in the weighted criteria. This initiative aims to enhance the financial integrity of Transnet's asset management and ensure that asset valuations reflect current market conditions, ultimately supporting better decision-making and financial reporting.

By participating in this tender, businesses will have the opportunity to engage in a significant project that contributes to the operational efficiency and financial transparency of South Africa's port infrastructure. The successful bidder will play a crucial role in maintaining the integrity of asset valuations, which is vital for strategic planning and investment decisions within the port sector.