Kurmuk Gold Mine Plc (KGM) invites qualified firms to submit proposals for asset registration, physical verification, tagging, valuation, and asset management system services.

REQUEST FOR PROPOSAL (RFP)

Asset Registration, Verification & Valuation Services Kurmuk Gold Mine Plc (KGM)

Kurmuk Gold Mine Plc (KGM) invites qualified and experienced firms to submit proposals for Asset Registration, Physical Verification, Tagging, Asset Valuation services and Asset Management system

The assignment supports KGM's transition from Exploration and construction to production and aims to establish an IFRS compliant, auditable asset register including Exploration Assets, Construction in Progress (CIP) and Property, Plant & Equipment (PPE).

Scope includes asset registration, physical verification, classification, coding, and assessment of value of the asset and its useful life in accordance with IAS 16, IFRS 13 and IFRS 1 and local regulatory requirements. It further covers submission of valuation report with the valuation technique used and the procedure followed together with the complete asset register. The bidder is also expected to provide a robust Asset Management System for asset registration and accounting together with compatible tagging systems.

Eligibility: Firms with proven mining or heavy industrial experience, qualified valuation professionals (e.g. RICS, ASA, CPV), and ability to work in remote mining locations.

Submission:

Email (PDF): 

• tinsae.hailesellasie@alliedgold.com , Wubishet.Haile@alliedgold.com , abk@alliedgold.com

Subject: RFP - Asset Registration, Verification & Valuation Services-

[Firm Name]

Deadline: 10 days from publication.

KGM reserves the right to accept or reject any proposal.

Tel: +251 11 822 8796

Bole Sub-city, Woreda 03, House No. 506, Addis Ababa, Ethiopia

Tender details

• Deadline: 2026-04-22
• Bid closing time: 17:00
• Bid opening: 2026-04-22 17:00
• Bid opening (note): No specific opening date and time
• Region: Addis Ababa
• Publishing entity: Kurmuk Gold Mine Plc (KGM)
• Buyer TIN: 0004840095
• Published: Apr 12, 2026
• Posted at: 2026-04-14T09:46:35.000Z