Accounting and Auditing / Accounting System Design / Financial / Other

KK Private Limited Company (KK Plc) Invites Interested, Qualified and Competent Consulting Firms/companies/ for Valuation of the Company’s Fixed Assets.

INVITATION TO BID

Consultancy Service for valuation of fixed assets BID NO:

KK Private Limited Company (KK Plc) Invites interested, qualified and competent consulting firms/companies/ for valuation of the company’s fixed assets.

I. Consultants are expected to perform the following activities:

  1. The consultant conducts the valuation work in a manner that meets the requirements of International Financial Reporting Standards (IFRS).
  2. The consultants shall identify the resource requirements for the valuation work as well as the expected/anticipated challenges during the valuation process and present same to the management team for proactive measures prior to the start of the work.
  3. He consulting firm/company shall undertake to perform the asset valuation service with the highest professional standards, ethical competence, integrity and the valuation is expected to be in the standards of International Valuation Standard (IVS).
  4. Certificate of professional competence issued by a recognized body having a legal mandate to give such certification;
  5.  Authorization by the Accounting and Auditing Board of Ethiopia to value fixed assets.

II. Requirements to be fulfilled by the prospective bidder;

  1. Certificate of professional competence issued by a recognized body having a legal mandate to give such certification;
  2. Authorization by the Accounting and Auditing Board of Ethiopia to conduct asset valuation.
  3. Trade license renewed for the year 2013 E.C
  4. Tax payers registration certificate and/or VAT registration certificate as may be appropriate;

III. Interested firm who wish to participate can:

  1. Collect the bid document from KK PLC (REFER ADDRESS BELOW) Finance department by paying a non-refundable fee amounting ETB 50.00 starting from December 28, 2020
  2. Submit the TECHNICAL and FINANCIAL Proposal in a separate sealed envelope with ETB 5,000.00 (Five Thousand) bid security CPO or unconditional bank guarantee on or before January 14, 2020 at 10:00 AM in the morning (closing date and time).
  3. Bid opening date January 14, 2020 at 10:30 AM on the presence of bidders or their legal representatives
  4. 4Address: Addis Ababa, nearby Ethiopian Broad Casting Service, KK Building, 1st floor, Addis Ababa,
  • Ethiopia. Tele: 0115 15 90 15/0115 53 45 77,
  • Fax 0115 51 99 49, P.O. Box 702

Note:

  1. Bidders can ask clarification by calling on the above indicated telephone number or coming to our office in person
  2. KK PLC reserves the right to accept or reject any or all bids.