Objectives

The primary objective of this tender is to procure a once-off valuation service for KANNALAND MUNICIPALITY as part of the GRAP 25 Valuation Services (FQ 14/2026). The service aims to provide accurate and reliable valuation data to support the municipality's financial reporting and asset management requirements.

Scope

The scope of the tender includes:

• Provision of valuation services on a once-off basis for assets belonging to Kannaland Municipality.
• Adherence to the specific requirements outlined in the formal quotation FQ 14/2026.
• Completion of the valuation within the stipulated timeframe, with the deadline for quotations extended to Thursday, 18 June 2026 at 12h00 pm.

Technical Requirements

The technical requirements for the service include:

• Conducting asset valuations in accordance with GRAP (Generally Recognised Accounting Practice) standards, specifically GRAP 25.
• Providing comprehensive valuation reports that meet the municipality's reporting standards.
• Ensuring accuracy and reliability of valuation data.
• Compliance with all relevant legal and regulatory frameworks governing municipal asset valuations.

Skills Requirements

The skills and qualifications required from the service provider include:

• Proven experience in municipal asset valuation, particularly in accordance with GRAP standards.
• Qualified professionals with expertise in asset management, valuation methodologies, and financial reporting.
• Ability to deliver detailed and compliant valuation reports within tight deadlines.
• Knowledge of municipal asset portfolios and relevant legal frameworks.