TORRENT PLANT & VEHICLE HIRE (TPVH)

REQUEST FOR EXPRESSIONS OF INTEREST (EOI)

INDEPENDENT VALUATION OF PLANT & EQUIPMENT

Torrent Plant & Vehicle Hire (TPVH), a member of the Beehive Group, invites Expressions of Interest (EOIs) from suitably qualified and experienced companies or individual professionals to provide independent valuation services for its plant and equipment fleet.

This exercise forms part of an approved equipment disposal and restructuring process, conducted in line with TPVH’s governance and procurement framework.

Scope of Services

The selected valuer(s) will be required to:

• Conduct physical inspection of construction, logistics and earth-moving equipment;
• Determine the following values for each asset:
  • Open Market Value (OMV)
  • Forced Sale Value (FSV)
  • Export / Regional indicative value (including South Africa market);
• Provide recommendations on appropriate disposal channels (local sale, export, auction, or broker);
• Submit a comprehensive written valuation report, including supporting market data.

Minimum Requirements

Interested applicants must demonstrate:

• Proven experience in valuation of heavy plant and construction equipment;
• Strong understanding of Malawi and regional (SADC) equipment markets;
• Independence and absence of conflict of interest;
• Capacity to undertake inspections within Malawi within a defined timeframe.

Both registered firms and experienced individual valuers are encouraged to apply.

Submission Requirements

EOIs should include:

1. Company / Individual profile
2. Summary of relevant experience
3. CV(s) of key personnel
4. Proposed methodology and timeline
5. Fee proposal
6. Proof of registration and tax compliance (where applicable)

Terms of Reference (ToR)

Detailed Terms of Reference (ToRs) for this assignment will be provided upon request via email.

Interested parties may request the ToR by contacting:
Email: vi•••••••••••@••••••.org

Submission Deadline

All submissions must be received by:

Thursday, 30th June 2026 at 16:30 hours

Submission Address

Procurement Committee
Torrent Plant & Vehicle Hire (TPVH)
P.O. Box 1668
Blantyre
Email: vi•••••••••••@••••••.org

Additional Information

• The valuation process will be overseen by a Procurement Committee as outlined in the TPVH Equipment Disposal Procedure.
• TPVH reserves the right to accept or reject any submission and is not bound to appoint the lowest-priced proposal.

Issued by:
Management
Torrent Plant & Vehicle Hire (TPVH)