NIGERIA DEPOSIT INSURANCE CORPOPRATION [NDIC]
Plot 447/448 Constitution Avenue, Central Business District, Abuja.
E- mail:info@ndic-ng.com     Website: www.ndic.org.ng
Telephone:  09-4601401/09-4601405   24TH June 2010
   

The Nigeria Deposit Insurance Corporation [NDIC] wishes to invite reputable Estate Valuers with reputable track record of good performance and cognate experience in the valuation of assets to submit expression of interest for the valuation of all the Corporation’s Buildings Nationwide.

 SCOPE OF CONTRACT AS A VALUER

To conduct a survey and carry out valuation of the Corporation’s Buildings for Insurance purposes at the following locations:

i] Abuja
ii] Benin
iii] Enugu
iv] Kano
 
Bid documents stating details of the buildings and locations should be obtained from the Head of Administration Unit, 2nd floor, Head Office, Abuja.

BID REQUIREMENTS

Interested bidders must satisfy the following minimum requirements:

         a] Evidence of Registration with Corporate Affairs Commission [CAC].                               
         b] Certified True Copy of Memorandum and Articles of Association.
         c] Evidence of registration with Nigeria Institution of Estate Survey and Valuers and Estate Surveyors and Valuers Registration Board of Nigeria.
         d]  Last three years of Company’s Audited Accounts.
         e] Evidence of VAT Registration Certificate and TIN
         f] Last three years Tax Clearance Certificate.
         g] Must have a verifiable office in the cities where the buildings are located.
         h] Evidence to show fulfillment of Company’s obligations with respect to pensions.
          i] Copies of Certified Financial Statement of the Company for the last three months.
          j] Detailed information on technical personnel and key staff of the Company including their experience and company profile.
          k] A sworn affidavit that the company is not in receivership.
          l]  Verifiable evidence of similar jobs done in the past.
         m] Evidence of financial capability to execute the Job/Bank Support.
          n] Any other relevant information/documentation to enhance the company’s application.           
 
SUBMISSION OF EXPRESSION OF INTEREST

Five copies of the Expression of interest should be submitted in sealed envelope clearly marked ‘’VALUATION OF NDIC BUILDINGS’’ two weeks from the date of advert and addressed to:

The Head,
Administration Unit,
Nigeria Deposit Insurance Corporation [NDIC],
Plot 447/448 Constitution Avenue, Central Business District,
Abuja, Nigeria.

The Expression of Interest must be submitted on or before 4pm two weeks from the date of this publication.  Bidders are expected to sign a register before dropping their bids in the tender box. Any bid/document submitted after the closing date and time specified above stands automatically disqualified. Submission of bids by post is unacceptable.

OPENING OF BIDS

Opening of bids shall be at 5.00pm on the date of closure of submission. The names of the successful bidders shall be posted on NDIC notice board at its Head Office and the Corporation’s website.

ADDITIONAL INFORMATION

i]  Failure to satisfactorily fulfill the conditions contained in the bid document will result to invalidation of such bid.
ii] Nigeria Deposit Insurance Corporation [NDIC] shall reserve the right to verify the authenticity of claim[s] made by the bidders.
iii] Nigeria Deposit Insurance Corporation [NDIC] shall reserve the right to reject any submission based on unverifiable information.
iv] This advert also serves as invitation to any interested NGO and members of the general public who may wish to witness the opening exercise.

SIGNED MANAGEMENT