This tender has closed on 13 April 2026.
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The SIU seeks a qualified diamond valuator expert to assess the validity of diamond valuation outcomes and the integrity of the valuation process. The expert must have over 10 years of experience in the diamond industry and relevant qualifications.
The Special Investigating Unit (SIU) is inviting bids for the appointment of an independent diamond valuator expert. This expert will be tasked with reviewing diamond valuation reports to ensure their accuracy, credibility, and compliance with industry standards. Key responsibilities include assessing methodologies, identifying discrepancies, and evaluating the adherence to ethical practices in diamond valuation. The successful bidder must demonstrate extensive experience in the diamond industry, specifically in the 4Cs (cut, color, clarity, and carat weight), and possess qualifications at NQF Level 8 or above in Economics or Business Management.
The appointed expert will conduct a thorough analysis of the valuation processes, compare outcomes from different valuators, and provide a detailed report outlining findings and recommendations. This project aims to uphold the integrity of the diamond valuation process, ensuring transparency and accountability in the management of state assets. The expert's insights will be crucial for potential civil recovery or criminal proceedings, making this a significant opportunity for professionals in the field.
This tender is suitable for businesses specializing in diamond valuation, gemology, or consulting services with a strong background in the diamond industry. Companies with a proven track record of compliance and ethical practices in valuation processes are encouraged to apply.