This tender invites qualified firms to provide property valuation services for residential properties in Limpopo. The selected panel will assist with evaluations and inspections over a three-year period, ensuring compliance and prudent lending decisions.
The Limpopo Economic Development Agency seeks to establish a panel of professional valuation service providers to support its housing finance program. The successful bidders will be responsible for evaluating residential properties and conducting inspections throughout the Limpopo Province. This includes assessing properties for loan applications, ensuring compliance with statutory requirements, and providing timely valuation reports within 48 hours of instruction. The contract will be valid for three years, during which a maximum of two firms will be appointed per district to manage the anticipated volume of work effectively.
Bidders must demonstrate relevant experience in property valuations and inspections, possess valid registration with the South African Council for the Property Valuers Profession, and comply with all tax obligations. The evaluation process will consider both technical capabilities and specific goals related to empowerment and local business promotion. This tender presents a significant opportunity for firms specializing in property valuation to contribute to socio-economic development while ensuring the integrity of the housing finance process.
This tender is suitable for registered property valuation firms with experience in residential property assessments, particularly those with a focus on compliance and timely reporting. Businesses that promote local empowerment and have the capacity to operate within Limpopo's districts are encouraged to apply.
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