This tender seeks a professional service provider for the remediation, assessment, classification, and valuation of heritage assets in compliance with GRAP 103, with additional ad hoc services over a 12-month period.
The Iziko Museums of Cape Town is inviting quotations for the appointment of a professional service provider to conduct a comprehensive heritage asset audit. This includes remediation, assessment, classification, and valuation services in accordance with the Generally Recognized Accounting Practice (GRAP) 103. The selected provider will be responsible for ensuring that heritage assets are accurately documented and valued, thereby enhancing the financial reporting and asset management of the institution.
The scope of work encompasses an initial audit of existing heritage assets, followed by necessary remediation actions to rectify any discrepancies. The service provider will also classify these assets appropriately and provide a detailed valuation report. Additionally, the contract allows for ad hoc professional services as required throughout the 12-month period, ensuring flexibility and responsiveness to the museum's evolving needs. This tender presents a valuable opportunity for firms specializing in heritage asset management and valuation to contribute to the preservation of South Africa's cultural heritage.
This tender is suitable for businesses with expertise in heritage asset management, financial auditing, and valuation services, particularly those familiar with GRAP standards and cultural institutions.
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