This tender seeks proposals for a panel of service providers to conduct valuations of land, buildings, and machinery. Key requirements include compliance with international valuation standards and the ability to provide mentorship to candidate valuers.
The Industrial Development Corporation of South Africa Limited is inviting proposals for the establishment of a panel of service providers specializing in the valuation of land, buildings, and plant, equipment, and machinery. The successful bidders will be required to deliver comprehensive valuation reports that adhere to the International Valuation Standards (IVS), ensuring accuracy and compliance with financial reporting requirements. Additionally, service providers will be expected to offer mentorship and support to candidate valuers, fostering professional development within the industry.
The scope of work includes conducting valuations for various property types, including industrial buildings, healthcare facilities, and agricultural assets. Providers must demonstrate relevant experience, possess the necessary qualifications, and utilize effective systems and processes for valuation. The contract will be awarded based on a thorough evaluation of functionality, price, and specific goals, including promoting emerging black-owned service providers. This tender presents an opportunity for qualified firms to contribute to the IDC's mission of supporting economic development through accurate asset valuation.
This tender is suitable for professional valuers, property management firms, and companies with expertise in asset valuation, particularly those that can demonstrate compliance with international standards and a commitment to mentorship and development within the valuation profession.