The tender seeks qualified professionals to conduct GRAP 103 valuation of heritage assets for the Msunduzi Museums. Interested bidders must demonstrate expertise in asset valuation and compliance with relevant accounting standards.
The Msunduzi Museums invites tenders for the valuation of heritage assets in accordance with GRAP 103 standards. This project aims to ensure accurate financial reporting and compliance with South African accounting regulations, enhancing the museums' operational transparency and accountability. Bidders must possess relevant qualifications and experience in heritage asset valuation, as well as a thorough understanding of the GRAP framework.
The scope of work includes a comprehensive assessment of the museums' heritage assets, including artifacts, artworks, and historical items. Bidders will be required to provide detailed valuation reports, methodologies used, and recommendations for ongoing asset management. The successful tenderer will contribute to the preservation of cultural heritage while ensuring that the museums maintain accurate financial records, which is essential for future funding and support. This project is expected to commence shortly after the closing date and will require timely completion to align with the museums' operational needs.
This tender is suitable for valuation firms, financial consultants, and professionals with expertise in heritage asset management and GRAP compliance. Businesses with a proven track record in cultural asset valuation and a deep understanding of South African accounting standards are encouraged to apply.
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