The Appraisal RFP is a critical document used by organizations in India seeking professional valuation and appraisal services. It serves as a formal invitation to qualified service providers to submit proposals for conducting appraisals of various assets, businesses, or properties. This document type is essential when organizations need independent, professional valuation services for purposes such as mergers and acquisitions, financial reporting, regulatory compliance, or strategic decision-making. The RFP must comply with Indian legal framework, including the Companies Act 2013, SEBI regulations, and professional standards set by bodies like the Insolvency and Bankruptcy Board of India (IBBI). It typically includes detailed specifications of the appraisal requirements, qualification criteria for bidders, evaluation methodology, and terms of engagement.
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1. Introduction: Overview of the organization issuing the RFP and broad purpose of the appraisal requirement
2. Project Overview: Detailed description of the appraisal requirement, objectives, and expected outcomes
3. Scope of Services: Detailed specification of the appraisal services required, including deliverables and timelines
4. Eligibility Criteria: Minimum qualification requirements for bidders, including technical expertise and regulatory certifications
5. Submission Requirements: Detailed instructions on proposal format, submission deadline, and contact information
6. Evaluation Process: Description of the bid evaluation methodology, criteria, and weightages
7. Terms and Conditions: General terms including confidentiality, conflict of interest, and legal compliance requirements
8. Commercial Requirements: Pricing format, payment terms, and commercial conditions
9. Timeline: Key dates including pre-bid meeting, submission deadline, and project milestones
1. Pre-Bid Meeting Details: Include when a pre-bid meeting is planned to address bidder queries
2. Site Visit Information: Required for physical asset appraisals where site inspection is necessary
3. Industry-Specific Requirements: Include when appraisal requires specific industry expertise or compliance
4. Government Guidelines: Include for public sector RFPs or when specific government regulations apply
5. International Standards Compliance: Include when international valuation standards need to be followed
6. Consortium Guidelines: Include when consortium bids are allowed
7. Local Content Requirements: Include when there are specific local content or domestic preference policies
1. Technical Specification Form: Detailed template for technical proposal submission
2. Commercial Bid Format: Standardized format for price quotation
3. Experience Details Format: Template for submitting past experience and credentials
4. Team Composition Format: Template for providing details of the proposed team
5. Declaration Forms: Standard forms for various declarations including non-blacklisting, no conflict of interest
6. Draft Agreement: Template of the agreement to be signed with the selected bidder
7. Evaluation Criteria Matrix: Detailed scoring matrix for technical and commercial evaluation
8. Asset/Property Details: Detailed information about the assets/properties to be appraised
Relevant legal definitions
Acceptance
Agreement
Applicable Law
Appraisal Report
Appraisal Services
Assets
Authorized Representative
Bid
Bid Security
Bidder
Client
Commencement Date
Completion Date
Confidential Information
Conflict of Interest
Contract Price
Deliverables
Due Date
Effective Date
Eligibility Criteria
Evaluation Committee
Fair Market Value
Force Majeure
Intellectual Property Rights
Letter of Award
Material Adverse Effect
Notice
Performance Security
Professional Standards
Project
Proposal
Registered Valuer
RFP
Scope of Services
Service Provider
Site
Subject Matter
Submission Deadline
Technical Proposal
Terms of Reference
Timeline
Valuation Date
Valuation Methodology
Work Order
Agreement
Applicable Law
Appraisal Report
Appraisal Services
Assets
Authorized Representative
Bid
Bid Security
Bidder
Client
Commencement Date
Completion Date
Confidential Information
Conflict of Interest
Contract Price
Deliverables
Due Date
Effective Date
Eligibility Criteria
Evaluation Committee
Fair Market Value
Force Majeure
Intellectual Property Rights
Letter of Award
Material Adverse Effect
Notice
Performance Security
Professional Standards
Project
Proposal
Registered Valuer
RFP
Scope of Services
Service Provider
Site
Subject Matter
Submission Deadline
Technical Proposal
Terms of Reference
Timeline
Valuation Date
Valuation Methodology
Work Order
Clauses
Scope of Services
Eligibility Requirements
Bid Submission
Evaluation Criteria
Technical Requirements
Commercial Terms
Payment Terms
Confidentiality
Intellectual Property
Liability and Indemnification
Force Majeure
Termination
Dispute Resolution
Governing Law
Anti-Corruption
Conflict of Interest
Data Protection
Professional Standards
Regulatory Compliance
Insurance Requirements
Performance Security
Representations and Warranties
Amendment and Modification
Assignment
Notices
Timeline and Deliverables
Quality Standards
Site Access
Record Keeping
Audit Rights
Sub-contracting
Non-solicitation
Bid Security
Language
Currency
Ethics and Business Conduct
Eligibility Requirements
Bid Submission
Evaluation Criteria
Technical Requirements
Commercial Terms
Payment Terms
Confidentiality
Intellectual Property
Liability and Indemnification
Force Majeure
Termination
Dispute Resolution
Governing Law
Anti-Corruption
Conflict of Interest
Data Protection
Professional Standards
Regulatory Compliance
Insurance Requirements
Performance Security
Representations and Warranties
Amendment and Modification
Assignment
Notices
Timeline and Deliverables
Quality Standards
Site Access
Record Keeping
Audit Rights
Sub-contracting
Non-solicitation
Bid Security
Language
Currency
Ethics and Business Conduct
Relevant Industries
Real Estate
Manufacturing
Financial Services
Infrastructure
Technology
Healthcare
Energy
Telecommunications
Public Sector
Retail
Hospitality
Education
Mining
Agriculture
Relevant Teams
Legal
Finance
Procurement
Compliance
Risk Management
Corporate Development
Investment
Project Management
Asset Management
Operations
Treasury
Due Diligence
Relevant Roles
Chief Financial Officer
Procurement Manager
Valuation Specialist
Legal Counsel
Risk Manager
Compliance Officer
Property Manager
Asset Manager
Investment Director
Project Manager
Finance Director
Corporate Development Manager
Treasury Manager
Due Diligence Specialist
Business Development Manager
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