Federal Ministry Of Justice- Request For Proposal For The Valuation Of Forfeited Assets To The Federal Government Of Nigeria

DEADLINE: 2ND MARCH, 2021
FEDERAL MINISTRY OF JUSTICE
PLOT 71B SHEHU SHAGARI WAY. THREE ARMS ZONE, ABUJA
REQUEST FOR PROPOSAL FOR THE VALUATION OF FORFEITED ASSETS TO THE FEDERAL GOVERNMENT OF NIGERIA

1.0 INTRODUCTION
1.1 The Inter-Ministerial Committee on Disposal of Forfeited Assets to the Federal Government was inaugurated by the Attorney General of the Federation and Minister of Justice pursuant to provisions of the Asset Tracing, Recovery and Management Regulations, 2019. The initiative was as a result of President Muhammadu Buhar’s directive in October 2020 which is also a fall out from the recommendations of the Presidential Audit Committee on Recovery and Management of Stolen Assets in 2018, where the Committee recommended the need for efficient management of the recovered assets and for proper coordination and disposal of assets forfeited to the Federal Government

1.2 The Committee in keeping with its mandate and in compliance with the
provisions of the Public Procurement Act, 2007, intends to engage the service of consulting Estate Surveyors and Valuers with relevant experience and good record of accomplishments for the procurement of the under listed services:

2.0 SCOPE OF SERVICE
2.1 The service is to ensure proper coordination and valuation of Federal
Government’s assets and to promote a uniform, harmonized and
transparent procedure for disposal of forfeited assets in line with the anti-
corruption drive of this administration.
2.2 The consulting Estate Surveyors and Valuers will ensure efficient and
expedient valuation of all Federal Government of Nigeria forfeited assets.
2.3 The Method of selection is Quality Based Selection Method (QBS) while
the Consultancy fee will be based on agreed percentage from the proceed
of the disposed assets.  

3.0 ELIGIBILITY CRITERIA
a. Evidence of Registration with Corporate Affairs Commission (CAC);
b. Evidence of current firm’s Tax Clearance Certificate or Personal Income
Tax Certificate of all the Partners (in case of Business Name) for the last
three years, ie, 2017, 2018 & 2019; valid till 31″ December, 2020;
c. Clearance Certificate from National Pension Commission as evidence of
compliance with Pension Reform Act, 2004 (valid til 31″ December,
2020)
d. Evidence of compliance with Industrial Training Fund Amendment Act,
2011 by indusion of copy of Compliance Certificate from the Industrial Training Fund (valid till 31st December, 2020)
e. Evidence of current Nigeria Social Insurance Trust Fund (NSITF) Compliance Certificate valid till 31st December, 2020;
f. Evidence of Registration on the National Database of Contractors, Consultants and Service Providers by inclusion of Interim Registration Report issued by BPP (valid till 31st December, 2020);
g. Sworn Affidavit disclosing whether or not any officer of the Inter-Ministerial Committee on the Disposal of the Federal Government Forfeited Assets or the Bureau of Public Procurement is a former or present Director, shareholder or has any pecuniary interest in the bidder and to confirm that all information presented in its bid are true and correct in all particulars;
h. The profile of the consulting firm must include the Curriculum Vitae of Key
Staff to be deployed for the project, including copies of their Academic/Professional qualifications;
i. Evidence of financial capability to execute the project by submission of
Reference Letter from a reputable Commercial Bank in Nigeria indicating
willingness to provide credit facilities for the execution of the project when
needed;
j. All documents for submission must be transmitted with a Covering/Forwarding letter under the Company/Firm’s LetterHead bearing amongst others, the Registration Number (RC) as issued by the Corporate Affairs Commission (CAC), Contact Address, Telephone Number (preferably GSM No.), and e-mail address. The Letter head must bear the Names and Nationalities of the Directors of the Company or Principal Partners in the case of Business Name, at the bottom of the page, duly signed by the authorized officer of the fim.

4.0 OTHER REQUIREMENTS – EACH BIDDER NEEDS TO INCLUDE
THE FOLLOWING
a) Evidence of firm’s registration with the Estate Surveyors and Valuers
Registration Board of Nigeria (ESVARBON);
b) Professional Staff of the firm must provide evidence of membership of
Nigerian Institution of Estate Surveyors and Valuers (NIESV);
c) Verifiable documentary evidence of at least two (2) similar jobs executed
in the last five (5) years including letters of award, valuation certificates, and photographs of the projects;
d) all the professional staff to be deployed for this assignment shall possess
at least three (3) years cognate experience in their respective sectors (longer years of experience will attract higher score during evaluation) and accompany with their CV photocopies of their academic and professional qualifications indicating their experience in the sector;

5.0 COLLECTION OF REQUEST FOR PROPOSAL [RFP]
5.1 Interested consulting Estate Surveyors and Valuers are to collect the RfP
from the Secretariat of the IMC Room 2D 25, Second floor, Federal Ministry of Justice, 718 Shehu Shagari Way, Three Arms Zone, Abuja on presentation of a draft non-refundable fee of Twenty Thousand Naira (N20, 000.00) only per Lot in the name of FGN ASSET RECOVERY ACCOUNT submitted to the Secretariat of the Inter-Ministerial Committee.

6.0 SUBMISSION OF RFP
6.1 Prospective Bidders are to submit bid for not more than two [2] Lots in
five (5) hard copies each of the technical and softcopy packaged in sealed
envelopes and clearly marked as Technical Bid” and addressed to:

The Chairman,
Inter-Ministerial Committee on the Disposal of Federal Government’s
Forfeited Assets
Federal Ministry of Justice, Abuja
Room 2D 25, 2nd Floor, Federal Ministry of Justice
Plot 718 Shehu Shagari Way
Three Arms Zone
Federal Capital Territory (FCT), Nigeria.
6.2 Furthermore, the reverse of each sealed envelope should have the name
and address of the bidder and the bid document must be dropped in the
designated Tender Box not later than 12:00noon of Tuesday, 2nd March, 2021.

7.0 OPENING OF RFP
7.1 The Technical Bids will be opened at 12:05pm on Tuesday, 2nd March, 2021 immediately after the deadline for submission in (at the Olusegun
Obasanjo, Auditorium, Federal Ministry of Justice) in the presence of bidders or their representatives with strict compliance with COVID-19 protocol in line with the directive of the Presidential Task force on COVID 19. Please, ensure that you sign the Bid Submission Register at the Secretariat of the IMC, Room 20 25, 2nd Floor, Federal Ministry of Justice
For further enquiries, please contact:

The Secretariat,
Inter-Ministerial Committee on the Disposal of Federal Government’s
Forfeited Assets
Federal Ministry of Justice, Abuja
2nd Floor, Federal Ministry of Justice
Plot 718 Shehu Shagari Way
Three Arms Zone
Federal Capital Territory (FCT), Nigeria.
or Phone number: 07044408231, 07044394398
email: asset.recovery@justice.gov.ng

8.0 PLEASE NOTE THAT:
a. Bids must be in English Language and signed by an official authorized by
the bidder
b. Bids submitted after the deadline for submission would be returned un
opened;
c. Prospective Bidders should not bid for more than two (2) Lots.
d. All costs will be borne by the prospective Bidders;
e. The Federal Ministry of Justice is not bound to pre-qualify any bidder and
reserves the right to annul the Procurement process at any time without
incurring any liabilities in accordance with Section 28 of the Public
Procurement Act 2007.

Signed:
The Chairman
Inter-Ministerial Committee on the Disposal of Federal Government
Forfeited Assets