CALL FOR PROPOSALS

CONSULTANCY SERVICES TO DESIGN DEVELOP NATIONAL VALUATION STANDARDS, GUIDELINES/MANUALS.

Procuring Method: International Open Competitive Bidding

1.0 Introduction

1.1 Background

The Institute of Real Property Valuers in Rwanda (IRPV) amongst several other functions is to analyse and find solutions to all problems related to valuation profession, to promote the valuation profession in Rwanda, to prepare regulations and guidelines governing the valuation profession and to prepare valuation standards. The IRPV Intends to develop the National Valuation Standards (NVS) and guidelines/manuals. The Regulatory Council which is mandated to regulate and control the valuation profession and the activities of certified valuers shall play a leading role in collaboration with IRPV in the development of the Standards and Guidelines/Manuals. The standards shall ensure consistency, transparency and confidence in valuations which are key to mortgage business, investment decisions, infrastructure development, climate change mitigation, environmental conservation, financial reporting and financial market stability. This is part of a wider strategic plan to strengthen valuation services and curtail the long outstanding problems associated with valuation variances and inaccuracies. The NVS and guidelines/manuals form a basis for regulating the valuation professional practice, promoting professional ethics, integrity, impartiality and trust in valuation services in the Country.

For more information, please, click the link9d994afc-3cd4-4859-94dc-e665c5d4a064_Property_valuers_in_Rwanda_.pdf