… Friendship Agro-Industry Plc (FAI)…. CALL FOR PROFESSIONAL SERVICE For BUSINESS VALUATION OF THE COMPANY
CALL FOR PROFESSIONAL SERVICE
BUSINESS VALUATION OF THE COMPANY
Friendship Agro-Industry Plc (FAI) plans to select, engage, and interface with a business consultant/appraiser that prepares a credible business valuation of the company. The appraiser firm shall be legally registered in Ethiopia with the necessary business license and tax clearance certificates and shall demonstrate professional competence, adequate experience, and understanding of applicable laws or regulations in Ethiopia.
The consultant is expected to explore the business value of the company from every angle using all relevant approaches and methods in order to cross-check the results and reach at a credible measure of the business value in the market that is acceptable by the shareholders.
The scope of work the appraiser firm is expected to perform and report the conclusions incorporates the value of the entire business, a partner’s share, and a controlling ownership interest.
The award of the appraisal assignment shall be based upon evaluation of both the “Technical Proposal” and “Financial Proposal” submitted by the bidders. Therefore, the consulting firm is expected to demonstrate its understanding of the assignment, prepare a detailed work plan as well as indicate the composition of expert’s team together with the required man-days and total duration for the assignment.
Eligible and interested Consulting/appraiser firms can contact FAI by calling phone number0911651764 or 0930 512290 to get the “Terms of Reference” for the assignment against a payment of 100 ETB from our Head Office at Gelan Condominium, Akaki- Kaliti Sub-city.
Eligible and interested appraiser firms must submit Technical and Financial Proposal sealed in separate envelopes accompanied with a bid bond of 5% in CPO issued by a bank in Ethiopia.
The closing time and date of this bid is 10:00, March 07/2019. The bid will be opened on the same date at 10:30 in the presence of interested bidders at our head office.
Friendship Agro-Industry reserves the right to cancel all or part of the bids.