MULUNGUSHI UNIVERSITY

REQUEST FOR EXPRESSIONS OF INTEREST (EOI)  (FROM CONSULTING FIRMS) FOR THE VALUATION OF ASSETS

Reference No.: MU-CONS/Q/001/2024
The Mulungushi University wishes to invite reputable and competent Professional Estate Valuers with good track record of performance and experience to express interest in the Valuation of all its assets.

The objective of the consultancy services is to identify and verify existence of institution’s fixed assets and provide an independent opinion on their values based on the most appropriate method and in accordance to the best International Financial Reporting Standards (IFRS) and/or International Valuation Standards (IVS) for organisational financial reporting. The valuation methods to be deployed must be compatible with the recognised best practice of the International Valuation Standards (IVS) for financial reporting.

1.The consulting services (“the services”) include and not limited to: Valuation of various categories of the University’s assets regardless of their location and includes land both developed and undeveloped and buildings. The assignment is part of fulfilment of the University’s procedure in managing its assets

2.Interested Consulting firms must provide information indicating that they are qualified to perform the services by submitting Consulting firm profile, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc. Consulting firm may associate to enhance their qualifications.

3. Qualification and Experience:

The criteria for shortlisting are as follows:

(i) Organisation Capacity

Firms should submit documentation to show that they have been established and legally operative as an Asset Valuer.

Firms should demonstrate prior experience that they have undertaken at least One (1)similar assignment in the last five (05) years.

(ii)Registration

Firms should be registered with relevant bodies as Estate Valuers and have conducted such assignments. Evidence must be provided.

(iii)Personnel

4.Must provide information indicating that it has availability of appropriate skills or team of experts. The team to be attached to the project should have the requisite qualification and experience, please provide proof.

5.Interested firms are hereby informed that no proposals are required to be submitted at this stage. On the basis information obtained from eligible interested Consulting firms, the University will prepare a shortlist of Consulting firms who will be invited through a Letter of Invitation including detailed Terms of Reference (TOR) to submit Request for Technical and Financial Proposals (RFP). This EOI does not entail any commitment on the part of the University, either financial or otherwise. Mulungushi University reserves the right to accept or reject any or all EOIs without incurring any obligation to inform the affected applicants of the grounds.

6.Selection Method

A Consultancy Firm will be selected using the Quality and Cost Based Selection (QCBS) method in accordance with the procedures set out in the Public Procurement Act No.12 of 2008. In addition, the attention of interested firms is drawn to firms is drawn to Regulations 78, 79, 80 and 83 of the Public Procurement Regulations of 2011

Expressions of interest with accompanying materials should be deposited in our tender box at main campus or via email: mchishala@mu.ac.zm copy chibuyep@mu.ac.zm and gbanda@mu.edu.zm

The closing date of receiving the Expression of interest (EOI) is 31st October 2024 at 16hrs Zambian time.

ATTENTION:Ag, Purchasing and Supplies Manager
For/ Vice Chancellor
Mulungushi University
Purchasing Office, Great North Road Campus
Tel: 0979781666 and 0977319337
P.O. BOX 80415,
KABWE