Asset Valuation and Disposal- Short-Term Contract at HIAS Refugee Trust of Kenya

OBJECTIVES OF THE ENGAGEMENT

SCOPE OF WORK:

• Verify and assess assets identified for valuation/disposal (existence, condition, usability, completeness).
• Determine fair market value (and where relevant, forced sale and/or scrap value) for each asset.
• Recommend disposal method(s) aligned with organizational policy and applicable regulations.
• Produce a complete disposal dossier including valuation evidence, asset condition reports, recommended reserve prices, and disposal approvals for support documents.
• Support implementation and closure, including handover of updated asset register information and disposal outcomes summary.
• Inception & Planning
• Asset Identification & Verification
• Valuation
• Disposal Planning & Advisory
• Implementation support: disposal, documentation, tagging, and reconciliation.
• Closure & Handover of final reports

DELIVERABLES / OUTPUTS

• Inception Report & Workplan (within five [5] working days of engagement).
• Asset Verification & Condition Assessment Report (including discrepancies list).
• Valuation Report detailing methodology, assumptions, evidence, and values per asset
• Disposal Recommendation Matrix.
• Disposal Dossier / Audit Pack, including:
• Photos and identification evidence
• Market comparables/quotes
• Recommended reserve prices
• Final Completion Report summarizing outcomes, lessons learned, and recommendations for asset management improvements.
• Updated Asset Register showing status changes (e.g., held for disposal/disposed, date, method, proceeds, recipient, etc.).

QUALIFICATIONS, COMPETENCIES, AND REQUIREMENTS:

• ​​​​​​​Bachelor's degree in finance, Accounting, Asset Management, Procurement, or related field.
• Professional qualification as a Registered valuer, and asset management certification is desirable.
• Experience in asset valuation, asset verification, and/or disposal advisory for institutions (NGOs or donor-funded projects).
• Demonstrated ability to value mixed-asset portfolios (ICT, furniture, fleet, equipment).
• Strong analytical reporting skills and ability to produce audit-ready documentation.