Investment Property Valuation

1/1/003/2025-26

See details below or the tender documentation

Tender Closed on: 2026-06-17 12:00

Real estate activities, Valuation Services

Free State, Kroonstad

Moqhaka Local Municipality

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Moqhaka Local Municipality Tenders

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Tender Number: 1/1/003/2025-26
Department: Moqhaka Local Municipality
Tender Type: Request for Quotation
Province: Free State
Closing Date: Wednesday, 17 June 2026 - 12:00
Place where goods, works or services are required: Hill Street - Moqhaka Municipality - Kroonstad - 9499
Special Conditions: Payment of the non-refundable printing fee of R150.00 can be made at the cashiers at the main Municipal Building, Hill Street or directly into the municipal bank account. If an EFT payment is made, the proof of payment (Pop) can be forwarded to the SCM unit at [email protected], then the bid document should be collected from the SCM offices, at Kroonstad Municipality (Magasyn Building), Cnr 11th & 12th Way, Kroonstad, 9499. Moqhaka Local Municipality Banking Details: Bank: ABSA Bank Kroonstad Account Number: 40-5327-4876 Branch Code: 334536 Bidder Reference: Company Name and RFQ Number
ENQUIRIES:
Contact Person: Ms. I Mokheseng
Email: [email protected]
Telephone number: 056-216-9142
FAX Number: N/A
BRIEFING SESSION:
Is there a briefing session?: NO Is it compulsory? NO
Briefing Date and Time:
Briefing Venue:

This tender is also available from www.etenders.gov.za


Tender Summary

Objectives

The primary objective of this tender is to engage qualified professional service providers to perform investment property valuations for Moqhaka Local Municipality as of 30 June 2026. The valuation aims to determine the fair value of 265 investment properties in accordance with GRAP 16(38), utilizing independent valuers with relevant expertise and recent experience in the property category and location.

Scope

The scope includes:

  • Provision of valuation reports for 265 properties as specified in the attached annexure.
  • Engagement of independent valuers holding recognized professional qualifications and recent experience.
  • Assessment of properties based on fair value measurement or disclosure, depending on the municipality's accounting policy.
  • Submission of comprehensive valuation reports by the stipulated deadline.
  • Experience verification through at least three completed similar projects.
  • Listing key personnel with qualifications and relevant experience, supported by CVs.

Technical Requirements

The technical requirements include:

  • Valuation of properties in compliance with GRAP 16(38).
  • Use of qualified and experienced independent valuers with recent relevant experience.
  • Completion of the valuation report for all properties, including detailed property data such as Erf number, GIS ID, valuation date, and value.
  • Provision of proof of experience with similar projects, including project details and references.
  • Listing key personnel involved, with qualifications, registrations, and CVs attached.
  • Adherence to submission deadlines and submission of all required documentation, including proof of company registration, tax clearance, municipal rates, CSD registration, B-BBEE certificates, and joint venture agreements if applicable.

Skills Requirements

The skills and expertise required for this tender are:

  • Professional property valuation expertise, with recognized qualifications.
  • Recent experience in valuing investment properties, with at least three completed projects of similar scope.
  • Ability to prepare comprehensive valuation reports aligned with GRAP standards.
  • Strong analytical and data collection skills to accurately assess property data.
  • Proficiency in property valuation methodologies and relevant software tools.
  • Effective communication skills for report writing and stakeholder engagement.
This summary is AI generated. Download the tender documents for all the information.

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