REQUEST FOR PROPOSAL FOR NCBA PANEL OF VALUERS

NCBA BANK RWANDA PLC

1. Invitation and Scope

AUGUST 2024

NCBA BANK RWANDA PLC invites qualified valuers and Quantity surveyors to submit proposals for the services of providing valuation of immovable & movable assets and Bills of quantities for the periods 2024 - 2025.

The objective of this scope is to obtain qualified valuers and Quantity surveyors in order to support secured business growth and to maintain valuation report receipt Turnaround Time of 4 days maximum.

For the purposes of this procurement process, the "RFP Contact" for all inquiries will be through the contacts below

Email: Procurement.Rwanda@ncbagroup.com  Tel:

+250 788149500

2. Content of proposal

2.1

The proposal shall contain the following:

Lot I: Valuers for Immovable and movable assets:

a. Selection criteria of valuers for immovable asset (Land and Buildings)

Individuals must have educational background in property valuation or land use economics while companies must provide a representative with same qualifications

5 years of working experience as certified valuers for both individual and a representative of companies.

Having at least two contracts with other commercial banks.

Having at least two years of working relationship with corporate companies. Experience of working with commercial banks will be an added value.

Having at least two references for two projects successfully completed Valid license issued by Institute of real property valuers (IRPV). For companies to provide a representative with same qualifications.

• Valid professional indemnity cover of a minimum of RWF 100,000,000 or equivalent.

Domestic Registration certificate for companies.

Valid Tax Clearance Certificate (TCC) for companies.

b. selection criteria of valuers for movable asset (vehicles, equipment, plant & machineries)

2.2

Individuals must have educational background in mechanical engineering while companies must provide a representative with same qualifications

5 years of working experience as Independent Loss Adjuster for both individuals and companies

Valid Independent Loss Adjuster license issued by Central Bank of Rwanda BNR. For companies to provide a representative with same qualifications. Having at least one contract with Insurance Companies

• Having at least two years of working relationship with other Insurance Companies or Banks

At least one reference from Insurance companies or project successfully completed.

Valid professional indemnity cover of a minimum of RWF 50,000,000 or equivalent

Lot II Selection criteria of Quantity Surveyor

Individuals must have Educational background in Quantity Surveying or Construction Management. While companies must provide a representative with same qualifications.

5 years of working experience for both individuals and companies

Valid certificate issued by Rwanda Institute of Quantity Surveyor (RIQS). For companies to provide a representative with same qualifications.

Having at least two references from project successfully completed Valid tax clearance certificate (TCC) for companies

3 Documents to be submitted for the two lots.

3.1 For Individual

3.2

Detailed CV

Letters of reference and recommendation

License as requested

Academic documents

For company

Company profile

RDB certificate

Tax clearance

Letters of reference

Person Representative CV, academic documents, license

4 Submission of Proposals

The bidders shall submit technical proposals in a sealed envelope indicating the bided lot, at Head office, Kigali height 8th floor not later than 30th, August 2024 before 04.30 PM.

5 Responsibility of the selected bidder

The selected bidder will exercise the job with due care and diligence; respecting NCBA Policies and best practices.

The bidder should adhere to International Valuation Standards, Law N°17/2010 of 12/05/2010 establishing and organizing real property valuation profession in Rwanda, Regulations N° 4230/2019-0026[614] 02/07/2019 on licensing requirements and other conditions for insurance intermediaries and other laws, rules, regulations guidelines prescribed by various regulatory, statutory and government authorities during the execution of the service.