Request For Proposal for Asset Valuation at UMATI

Request For Proposal for Asset Valuation at UMATI

CHAMA CHA UZAZI NA MALEZI BORA TANZANIA (UMATI)

REQUEST FOR PROPOSAL

RFP TITLE: UMATI ASSET VALUATION 

DATE OF ISSUE: 19th February 2024

CLOSING DATE: 29th February 2024, 13:00 hours EAT

PERFORMANCE PERIOD: 1 Month.

TERMS OF REFERENCES FOR UMATI ASSET VALUATION 2023

About UMATI

Chama cha Uzazi na Malezi Bora Tanzania (UMATI) established in 1959, is an autonomous voluntary National NGO originally incorporated under CAP 337 in 1973, established under non-governmental organization act No 24 of 2002 in 2019 with registration number 00NGO/R2/000231 and Tax Identification Number 101 – 304 – 795. It is a full Member Association (MA) of the International Planned Parenthood Federation (IPPF) accredited in 2015. 

UMATI works in partnership with the Ministry of Health, Ministry of Community Development, Gender, Women and Special Groups and Regional Administration and Local Government (PORALG) with the aim of providing Sexual and Reproductive Health (SRH) education, information and services in Tanzania. The Association has a long leadership history in SRH programs in Tanzania including pioneering in Family Planning (FP) services and SRHR education for young people and underserved through health facilities and in the communities. To achieve its goal, UMATI has been receiving multiple funding from both local and international donors (Foreign Government).

UMATI’s headquarter is located at Maliki Street, Plot 439, Block 26, Upanga, Dar-es-Salaam with operations and project implementations at Dar Es Salaam, Dodoma, Iringa, Kigoma, Kilimanjaro, Mara, Morogoro, Ruvuma, Tabora and Zanzibar.

About the Consultancy

Chama Cha Uzazi na Malezi Bora Tanzania (UMATI) has set aside budget for valuation of it asset.

Valuation Objectives

1. To have a comprehensive report on ownership status of all UMATI and KABIU Landed Properties that will include; Land Sizes, Tenure/ Registration details, Land Rent arrears, development status, etc.
2. To have its non-current assets verified, coded and valued in order to establish their market value for Management purposes.

Scope of Work

The scope of valuation services shall cover the overall management of organization assets.

The engaged valuation firm is expected to perform the following activities;

1. Ensure all UMATI assets are identified, verified, coded and valued.
2. Ensure an updated Fixed Asset Register (FAR) for accounting purposes is established.
3. Ensure a table of summary is prepared indicating the following information:

• Location
• Property Description
• Title Deed No
• Tenure of Ownership
• Market Value

Firm Experience and Qualifications

• Independent Valuation firms with good reputation.
• At least 10 relevant experiences in valuation of different types of assets 

Terms of payment:

Payment will be made immediately after signing of the engagement letter and submission of the invoice by 60% and final payment (40%) will be made after submission of the final asset valuation report.

Expected Deliverable 

The external Audit Consultant is expected to deliver;

• Asset Valuation Report that includes recommendations
• Contract Award

The award of the contract shall be made to the consultant whose proposal has been evaluated and determined as having received the highest score out of a pre-determined set of weighted technical and financial criteria specific to the solicitation.

• Technical Criteria weight 70%
• Financial Criteria weight 30%

How to Apply

To apply please send your company profile and Proposal that summarizes your;

• understanding of the Terms of Reference (TOR) and details of how you plan to execute the assignment, indicative workplan, methodology
• Detailed proposed budget in TZS. 

Kindly Submit your proposal at UMATI Head Office, Reception desk located at Maliki Street, Plot 439, Block 26, Upanga, Dar-es-Salaam, when submitting your proposal, kindly remember to mention the subject matter on your envelope (RFP TITLE: UMATI ASSET VALUATION PROPOSAL).

All bids should be addressed to;

The Executive Director,

UMATI

Plot Number 439, Block Number 26, Malik Road Upanga

P.O Box 1372 Dar es Salaam.

NOTE

All proposals must be in Tanzanian Shillings and enclosed in a plain sealed envelope with tender sticker. Proposal will be open internal as per UMATI Procedures.

The deadline is 13:00 hours EAT 29th February, 2024.

For any inquiry or further clarification, do not hesitate to contact Procurement unit through [email protected] before or on Monday, 26th February, 2024