Sierra Leone seeks independent diamond valuation services
The National Minerals Agency (NMA), Sierra Leone desires to engage firms for the provision of Independent Diamond Valuation Services and now requests for proposals from all qualified and certified Independent Diamond Valuation (IDV) companies who wish to submit applications/proposal for the provision of these services to the National Minerals Agency.
Terms of Reference are 1: Ascertain the international market value of the diamonds produced in Sierra Leone.
2: Provide and maintain modern electronic valuation system to be used by the Precious Minerals Trading Directorate (PMT) of the National Minerals Agency (NMA). 3: Undertake unbiased market intelligence on the global diamond industry and advice on the effect that the changes in the world market of rough diamond prices may have on the rough diamond market in Sierra Leone.
4: Prepare and submit reports and statistical information on parcels of diamond presented for valuation as well as suspected anomalies in the price and quality of the diamonds, 5: Must carry out Capacity Building of PMT staff in diamond sorting and valuing, including market assortments and other related diamond matters. The training should cover both rough and uncut diamonds.
6: Advise on policy, appropriate frameworks for legislative/administrative diamond operation, Advise on issues relating to facilities and equipment used by PMT, methods used to clean diamonds and valuation methods; and
7: Provide independent expert testimony with respect to the valuation of diamonds for any court proceedings when necessary.
Note: The Independent Diamond Valuation of the successful firm should be independent of PMTD in terms of pricing. However, the firm should work closely with the PMT Directorate in terms of implementing valuation policies as established by the National Minerals Agency from time to time. Also have close cooperation and consultations with other relevant Ministries, Departments and Agencies (MDAs), the private sector diamond operators and other stakeholders.
The duration of the contract is of two (2) years subject to renewal. The expressions of interest must be delivered in a written form to the address below in person by the 22nd November 2019 to The Procurement Unit, Finance & Administration Directorate, National Minerals Agency, New England Ville.
