DEADLINE: 27TH MAY, 2024
NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC)
PLOT 447/448 CONSTITUTION AVENUE, CENTRAL BUSINESS DISTRICT, ABUJA
INVITATION FOR EXPRESSION OF INTEREST (EOI) FOR THE VALUATION OF MULTI-STOREY BUILDING LOCATED AT 27/29 ADEYEMO ALAKIJA STREET, VICTORIA ISLAND, LAGOS
1. INTRODUCTION
We refer the general public to the advertisement of 4th, 5th and 8th April 2024 on Punch. This day and Vanguard newspaper respectively. This is a replacement of the aforementioned advertisement.
The Nigeria Deposit Insurance Corporation (NDIC), in exercise of its mandate as Liquidator of closed banks, hereby calls for qualified firm and professional estate surveyors and valuers for the valuation of Multi-Storey building located at 27/29 Adeyemo Alakija Street, Victoria Island, Lagos.
2. SCOPE OF WORK
The valuation is to determine the 5-year rental and market value of the property. Prospective valuers must be professionally qualified and possess requisite experience in asset valuation of similar standard and in context of similar environment.
3. ELIGIBILITY CRITERIA
Prospective valuers must meet the following criteria;
a) Evidence of Certificate of Incorporation issued by Corporate Affairs Commission (CAC) including Forms CAC 1.1 or CAC 2 and CAC7 or business name with form BN1 is also acceptable for services;
b) Evidence of current filling returns to CAC;
c) Evidence of Company’s Income Tax Clearance Certificates (or personal Income Tax Clearance Certificates for all partners) for the last three (3) years valid till 31st December 2024; with minimum average annual turnover of N150,000.000.00
d) Evidence of Pension Clearance Certificate valid till 31st December, 2024 (this requirement is only applicable to bidders whose number of staff is 15 and above).
e) Evidence of Industrial Training Fund (ITF) Compliance Certificate valid till 31st December, 2024 (this requirement is only applicable to bidders whose number of staff is 5 and above or the bidder’s annual turnover is N50m and above);
f) Evidence of current Nigeria Social Insurance Trust Fund (NSITF) Compliance Certificate valid till 31st December, 2024;
g) Evidence of Registration on the National Database of Federal Contractors, Consultants and Service Providers by submission of Interim Registration Report (IRR) expiring on 31/12/2024 or valid Certificate issued by BPP;
h) Sworn affidavit
- disclosing whether or not any officer of the relevant committees of the Nigeria Deposit Insurance Corporation or Bureau of Public Procurement (BPP) 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;
- That the bidders do not have any director who has been convicted in any country for any criminal offence relating to fraud or financial impropriety or criminal misrepresentation or falsifications of fact relating to any matter.
- That the company is not in receivership, the subject of any form or bankruptcy proceedings of the subject of any form of winding up petition or proceeding
i) Company’s Audited Accounts for the last three years (2021, 2022 & 2023);
j) Reference letter from a reputable commercial bank indicating willingness to provide credit facility for the execution of the project when needed;
k) Evidence of firms current registration with relevant regulatory professional body(ies) such as the Nigeria Institute of Estate Surveyors and Valuers (NIESV), Estate Surveyors and Valuers Registration Board in Nigeria (ESVARBON) etc
l) Verifiable documentary evidence of at least three (3) similar jobs executed in the last five (5) years including letters of awards, valuation certificates, job completion certificates and photographs of the projects
m) Company’s profile with the curriculum Vitae of key staff to be deployed for the project, including copies of their academic/professional qualification such as NIESV, ESVARBON etc;
n) For Joint Venture/Partnership, Memorandum of Understanding (MoU) should be provided (CAC, Tax Clearance Certificates, Pension Clearance Certificate, ITF Compliance Certificate, NSITF Clearance Certificate, IRR & Sworn affidavit are compulsory for each JV Partner);
Note: All documents for submission must be submitted with a Covering/Forwarding letter under the Company’s letter head paper bearing amongst others, the Registration Number (RC) as issued by the CAC, Contact Address, Telephone Number (preferably GSM No) fax and email address. The letter head paper must bear the Names and Nationalities of the Directors of the company at the bottom of the page, duly signed by the authorized officer of the firm.
4. SUBMISSION OF EOI DOCUMENTS
Prospective applicants are to submit three (3) hard copies each of the EOI in sealed envelopes and clearly marked “Expression of interest for the valuation of Multi-storey building at 27/29 Adeyemo Alakija Street, Victoria Island, Lagos, and addressed to:
Director,
Procurement and Management Services Department,
Nigeria Deposit Insurance Corporation (NDIC)
Plot 447/448 Constitution Avenue,
Central Business District,
Abuja, Nigeria.
Clearly marked “EXPRESSION OF INTEREST (EOI) FOR THE VALUATION OF A MULTI-STOREY BUILDING AT VICTORIA ISLAND, LAGOS”.
Furthermore, each sealed envelope should bear the name and address of the bidder and drop in the designated tender box on the Ground Floor, reception area of the Head Office building not later than 11:00am on Monday, 27th May, 2024.
5. OPENING OF EOI DOCUMENTS
Only the EOI documents will be opened immediately after the deadline for submission at 11:00am on Monday, 27th May, 2024, at the Ground floor, Visitors waiting room, NDIC Head office, building in the presence of bidders or their representatives, while the financial bids will be kept un-opened. Please ensure that you sign the bid submission register on the 2nd floor, with the procurement and Management services department, as NDIC will not be held liable for misplaced or wrongly submitted bids. Further requisite information required should be obtained from the NDIC website or e-mail address info@ndic.gov.ng
6. ADDITIONAL INFORMATION
a) EOIs must be in English Language and signed by an official authorized by the bidders
b) EOIs submitted after the deadline for submission would be returned un-opened;
c) All cost will be borne by the applicants
d) Failure to satisfactorily fulfill any of the conditions as requested would result in invalidation of the application.
e) The Corporation shall reserve the right to disqualify any submission based on unverifiable information.
f) The Nigeria Deposit Insurance Corporation is not bound to prequalify and bidder 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
MANAGEMENT
