Closed
Queensland Museum (QM) Verification, Valuation and Revaluation of State Collection 2022/2023
Tender ID: 504146
Tender Details
Organisation:
Tender #:
QM0072023
Status:
Closed
Publish Date:
31 August 2022
Closing Date:
20 September 2022
Tender Description
The Customer (Board of the Queensland Museum) has issued this Request for Quotation (RFQ) with the objective of engaging a suitably qualified, resourced and experienced Professional Services Contractor (Supplier) within the timeframe specified in RFQ section 1 Indicative timetable, for commencement of the Deliverables Monday, 17 October 2022 (target date) and completion of the Deliverables by no later than Friday, 31 May 2023, as specified in the Short Form Contract Details (SFCD) (draft).
As custodian of the State’s natural and cultural heritage, QM houses a unique collection of several million objects. To comply, a comprehensive revaluation of the Collection is required and undertaken every five (5) years. The Board is required to manage the Collection in compliance with:
- Queensland Financial Accountability Act 2009 (FAA) and its subordinate legislation the Queensland Financial and Performance Management Standard 2019 (FPMS);
- Australian Government, Australian Accounting Standards Board (AASB) – in particular AASB 116 Property Plant & Equipment and AASB 13 Fair Value Measurement; and
- Queensland Treasury Non-Current Asset Policies for the Queensland Public Sector (NCAP).
The Customer is seeking offers for the Services as specified. The Supplier will have suitably qualified and experienced valuer and statistical analyst Personnel, who have the required expertise to assist the Customer conduct a confidential verification, valuation and revaluation of its Collection as at the nominated Queensland Museum (Sites) to meet the minimum specified Requirements, assisting the Customer meet its obligations under the Contract, and in summary (but not limited to) will deliver:
- costing and valuation methodologies;
- initial Draft Verification and Valuation Report;
- Final Draft Verification and Valuation Report;
- Final Draft Verification and Valuation Report (for Customer auditor approval); and
- further requirements are as specified in the RFQ and Short Form Contract Details (draft).
The key objective is to establish a Contract with a suitably resourced Supplier who will have its Key Personnel dedicated to the project delivery to ensure the selected Offer meets the Customer’s critical timelines (in accordance with the successful Supplier’s proposal as accepted by the Customer).
NOTE: the RFQ period has condensed timelines due to required contract and Deliverables commencement.
MANDATORY INDUSTRY BRIEFING (via Teams meeting) requires mandatory attendance to submit an offer. Refer full details in the RFQ. Email registrations close 5.00PM day prior to MIB to ensure Supplier contacts are added to the Teams meeting invite. MIB is 10.00AM Thursday, 8 September 2022.
Instructions and enquiries: all instructions for response completion are clearly stated in RFQ and Contract. Please contact RFQ Contact officer should you have any enquiries.
Supplier query clarification questions: where possible we request the supplier please collate its supplier clarification questions / RFIs (referring to specific document / section) and submit early so we can collate prompt reply (refer clarifications close date in RFQ). Any Supplier Query Clarification responses and/or Addenda will be issued via our Etendering platform.
For detailed information refer documents in Section 3 below. As specified in RFQ, only RFQ and SFCD (draft) document requires completion & submission.