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Valuation of Snowy Hydro Ltd
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Canberra, Sydney, Melbourne, Adelaide, Perth, Brisbane, Darwin, Hobart
The contractor is required to provide each shareholder with a “fit for purpose” certified report, detailing the valuation of Snowy Hydro Limited's (SHL's) equity at fair value as at 30 June 2017 and 30 June 2018. The report will detail the scope, methodology, procedure and outcomes as well as all relevant assumptions, definitions and limiting conditions appropriate to the procurement. The contractor will supply the three shareholders with the preliminary and final versions of the valuation report in both written and electronic format. The report is to include explanations of movements in the valuations from year to year and take into account the interest holdings of the Commonwealth, NSW and Victorian Governments. The contractor will undertake the valuation as at 30 June 2017 and 30 June 2018 as a Limited Scope Valuation Engagement in accordance with the requirements of the
professional standard “APES 225 Valuation Services” using the methodologies stated in Schedule 1.
1.The tenderer and any subcontractors proposed in the tender must not be named as not complying with the Workplace Gender Equality Act 2012.
2.The tenderer confirms that in dealing with its employees and independent contractors, the tenderer has due regard to Commonwealth legislation and policies on the engagement of workers and complies with Commonwealth legislation and policies on the engagement of workers, including the Fair Work Act 2009 (Cth), the Fair Work (Transitional Provisions and Consequential Amendments) Act 2009 (Cth) and obligations under relevant occupational health and safety laws.
3.The tenderer and any subcontractors proposed in the tender are not insolvent, bankrupt, in liquidation, or under administration or receivership
4.The Tenderer, and any party proposed by the Tenderer to provide any of the Services, must not at the time of tender be listed as terrorists under section 15 of the Charter of the United Nations Act 1945 (Cth). A consolidated list of such persons, entities and associated assets is maintained by the Department of Foreign Affairs and Trade under the Charter of the United Nations (Dealing with Assets) Regulations 2008 (Cth)
The contract is expected to commence on 1 February 2017 and conclude on audit signing dates.
Two single year options to extend may be incorporated into the contract, to be exercised at the Department’s discretion.