August 25, 2014


Bid No:                                                                                      PA/001/14/HQ/C/033

1.0      Introduction

Tanzania Electric Company Limited (TANESCO) is a parastatal organization established in 1964. It is wholly owned by the Government of Tanzania (GoT) and is supervised by the Ministry of Energy and Minerals (MEM). The Company is incorporated under Companies Ordinance Cap. 212 (now the Companies Act) and is directed by the Board of Directors, which is appointed by the Government. The day to day activities of the company are led by the Managing Director who is the Chief Executive Officer of the Company.
TANESCO is integrated electricity Utility Company. The Company’s core business is to generate, transmit, distribute, marketing and sell electricity to customers on the Tanzania mainland and bulk supply to the island of Zanzibar. The commercial activities of the company are regulated by the Energy and Water Utilities Regulatory Authority (EWURA).
The Tanzania Electric Supply Company Limited (TANESCO) has therefore set aside funds for procurement of consultancy services during its financial year 2014 and it intends to use a portion of those funds to cover eligible payment under the contract for the Consultant who will assist the Company in its assignment.
2.0      Objective of the assignment

The Assignment will cover various categories of the assets located throughout the country covering towns/districts and villages in respective regions. The assignment is part of fulfillment of the company procedure in managing its assets that is normally carried out after every five years. The valuation of Assets will include and no limited to Hydro Generation Power Plants, Thermal Generation Power Plants, Transmission Network, Distribution Networks, Land and Buildings, Motor Vehicles, Office Communication and Equipment, Furniture and Fittings.

The objective of the consultancy services is to identify and verify existence of Company’s fixed assets and provide an independent opinion on their values based on the most appropriate method and in accordance to the best International Financial Reporting Standards (IFRS) and/or International Valuation Standards (IVS) for company financial reporting. The valuation methods to be deployed must be compatible with the recognized best practice of the International Valuation Standards (IVS) for financial reporting.

3.0      Areas  and Scope of assignment

           The scope and areas of assignment include the following number of lots:-
Valuation of Generation Power Plant
      1a. Hydro Generation Power Plants
      1b. Thermal Generation Power Plants

Valuation of Transmission Network
2a. Transmission lines   
2b. Transmission Substations
2c. Primary Substations   
Valuation of Distribution Networks
3a. Distribution Transformers
3b. Distribution Lines    
      3c. Service Lines
3d. Metering
Valuation of Buildings
      4a. Residential Buildings
      4b. Administration & Welfare Buildings
      4c. Operational Buildings
Valuation of Land
       5a. Developed
       5b. Undeveloped
Valuation of Motor Vehicles/Motorcycle
       6a.Motor Vehicles
       6b.Motor Cycle
Valuation of Existing Office Communication and equipments
      7a.ICT tools & Equipments
      7b.Office Equipments

4.0         TANESCO now invites eligible firms to show their interest to conduct the                          exercise for  Valuation of TANESCO Asset.
5.0      Selection
A successful Consulting firm will be selected in accordance with the Guidelines of Selection and Employment of Consultants stipulated by Public Procurement Act No.7 of 2011 Public Procurement (Selection and Employment of Consultants) G.N. No. 446.
Selection will be conducted through National Competitive method and Quality and Cost based selection (QCBS) procedures specified in the Public Procurement Regulations.
Eligible Interested Consulting firm Consultants may obtain further information at the address below from 09.00 – 12.30 hours and 14.00 – 16.30 hours local time (Monday to Friday) exclusive of public holidays:
TANESCO Tender Board, Head Office-Umeme Park Building,
Ubungo-Morogoro Road, Third Floor, Room No. 305A,
P.O. Box   9024, Dar Es Salaam, Tanzania.
             Tel: 255 (22) 2451145/2452172;
Fax: 255 (22) 2451145/2452172;

Expression of interest (One (1) Original and Five (5) copies) with the accompanying materials should be submitted to the address below before or at 14.30 hours local time on 08th September, 2014.

No proposals are required to be submitted at this stage. On the basis of obtained information from eligible interested Consulting firm, TANESCO will prepare a shortlist of Consulting firm who will be invited through a Letter of Invitation including detailed Terms of Reference (TOR) to submit Request for Technical and Financial Proposals (RFP).
Interested Consulting firm must provide information indicating that they are qualified to perform the services by submitting Consulting firm profile, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc. Consulting firm may associate to enhance their qualifications.
Place, Date and Time of Opening         
The Documents for Expression of Interest submitted to the above address shall be opened publicly in TANESCO Twiga Board Room immediately after 14.30 hours local time 08th September, 2014.
Late submission of the documents, portion of documents, electronic documents, and documents not received, documents not opened at the opening ceremony shall not be accepted for evaluation irrespective of the circumstances.


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