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Tender for Valuers

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A tender is an open offer for public or invitation by the government of the country which is normally announced in a newspaper advertisement. There is also a tender for valuers which is announced in the same manner. The government approved valuers then fill in the tender and send their offer and quotation before or on the said date. There are various modes of advertisement regarding the tenders. There are various websites as well which provide tender details which are available throughout the nation. On the other side, some of the very common terms used for the valuation of the asset are market value, intrinsic value and fair value. While maintaining the finance of an organization, it is very important to do a valuation analysis for various reasons like tax assessments, business analysis, basic book keeping and accounting. Since, the value of assets fluctuates over time, valuation are done till a specific date, like end of financial quarter or year. The very first requirement of fi