PROPOSAL ON PROPERTY VALUATION

NAME OF THE PROJECT:- Valuation and detailed

reporting on the current fair
value of a 2,200m2 G+1 factory
facility based in Butajura town
CLIENT:- Employment (IFE) of KfW
Development Bank
VALUER:- MISIKER
JEMBERU,Proffesional Civil
Engineer(PE/23480)

April, 2023
Addis Ababa
 Contents
1. Description/scope of Services/Terms of Reference ..................................................................................... 3
2. Methodology for valuation ............................................................................................................................ 3
2.1Data Collection .......................................................................................................................................... 3
2.2 Desk Study ................................................................................................................................................ 3
2.3Reporting ................................................................................................................................................... 4
3. Work Breakdown Structure/Gantt chart .................................................................................................... 4
4. Cost break down for service fees .................................................................................................................. 4
5. Annex .............................................................................................................................................................. 5
5.1 Professional History of Misiker Jemberu Teka(i.e. Valuer) ................................................................ 5
1. Description/scope of Services/Terms of Reference

The purpose of the valuation is to provide an accurate and up-to-date assessment of the property's value, taking into
consideration its location, condition, and market trends.

A comprehensive report that includes a detailed analysis of the property, along with relevant market data and
comparable sales information.

The report should also provide an assessment of any potential risks or opportunities associated with the property (i.e.
the building).

2. Methodology for valuation

The project valuation and reporting should be carried out in accordance with acceptable international valuation standards
(IVS), ethics as well as valuation principles and guidelines. And, the pre-valuation review works and the following works
should be conducted, but not limited to:-

 Information on how factories of the same nature are being handled in Ethiopia.
 Information on products/ sales trend of factories of the similar nature

Standards/Norms
It is anticipated that the value should conduct the valuation for compliance with the following International Standards,
but not limited to:-

 International valuation Standards(IVS),

 International Financial Reporting Standards(IFRS)


2.1Data Collection

During the valuation process, the value collects the following data, but not limited to on property:-

 Permanent asset data(N.B .this includes technical drawings and specifications, site location and location value
and related others)
 Sales and profitability trends, Years in operation, Condition and age of equipment, Number of products and
services offered, Competition, Maintenance capital expenditures, On hand inventory and work progress,, Raw
materials, Lease or own asset information.

2.2 Desk Study

Relevant data for the study/project will be well communicated with the client prior to analysis and next steps of valuation
including.

The value then, selects the best suited valuation technique for the aforementioned factory; after data collection and
analysis. Currently, there are three widely accepted valuation technique for a property under IFRS 13.(i.e. Market
approach, cost approach and income approach).
2.3Reporting
Reporting at every stages will be submitted to the client listing each parts of property under valauation.as per
International Valuation Standards (IVS) 103.

3. Work Breakdown Structure/Gantt chart

day day day day day day day day day day day day day
SL. No. Task/Activity 1 2 3 4 5 6 7 8 9 10 11 12 13 day 14

1 Pre-valuation review works

2 Data collection
Analysis and interpretation of
3 data
Selection of best suited
valuation approach or
4 combinations of approach

5 Draft Report Submission

6 Final Draft Report Submission

Presentation and validation of
7 document

4. Cost break down for service fees

N0. Unit Unit Working Total
Type of Expenses Price(ETB) hours Amount Remark
Professional fee for main Man
1 Expert/valuer Hour 228.20 112.00 25,558.24 2 weeks in total

Unit Unit Number Total

Type of Expenses Price(ETB) of Trips Amount
Round 2 assistants will involve in addition to
2 Transport Fee trip 2,000.00 2.00 12,000.00 main valuer

Unit Unit Working Total

Type of Expenses Price(ETB) days Amount
2 assistants will involve in addition to
day
3 Perdiem Allowances 1,000.00 5.00 15,000.00 main valuer
2 assistants will involve in addition to
day
4 Accommodation 1,000.00 5.00 15,000.00 main valuer

Type of Expenses Unit Total amount

Office equipment and stationary Lump
5 Expenses Sum 5,000.00

Grand Total Amount(ETB) 72,558.24

5. Annex
5.1 Professional History of Misiker Jemberu Teka(i.e. Valuer)

Misiker Jemberu Teka

Phone: +251-984716178,+251-927200087,

e-mail:misikeraba@gmail.com
Addis Ababa, Ethiopia

I, Misiker Jemberu, have graduated from Addis Ababa University with M.Sc. degree in Civil
Engineering (i.e. Railway Engineering Stream) in 2017 G.C.

In my stay in the university, I have had done my thesis on “Economic Analysis and Design for
the Selection of Two Units of Single Cell and One Unit of Double Cell Pre-stressed Box Girder
Railway Bridges”. Also while I was in Hawassa University, at the Bachelor of Science (i.e.
B.Sc.) level, I have had practical experiences during my internship session at Sunshine
Construction p.l.c. I had taken part in the design of mixed use building in my final year design
project. I took a number of courses that shown on my CV and other additional courses to
complete my higher educations. Therefore, I need to join in your organization as full time
employee when the need arises. I attached my CV out lining my work experiences and skill areas
which I believe that as relevant to suitable position offered by you.

If you give me opportunity to serve, I will meet your organization’s expectation in an

outstanding manner and I will be valuable asset for your organization.

I would welcome the opportunity to discuss my application with you and look forward to hearing
from you.

Kindly Yours,

Misiker Jemberu

Enclosure: CV, Temporary degree and

other qualification certificates.
 CURRICLUM VITAE

Misiker Jemberu Teka

Tel :-( Mobile
) +251-984-71-61-78
+251-927-20-00-87
E-mail:-misikeraba@gmail.com

OBJECTIVE:

 Seeking for a job position to utilize my knowledge, skills and abilities in any
organizationthat offers professional growth while being resourceful, innovative
and flexible asset.

PROFFESSIONAL SUMMARY:

 Versatile and dedicated to boosting company revenue through exceptional

leadership and rigorous cost control techniques. Desires the opportunity to
revamp processes and procedures and increase efficiency and product quality.
 Hardworking Project Manager gifted at performing specification and design
reviews to ensure client expectation will be exceeded. Engaging and
personable with the ability to monitor work quality, manage key milestones
and deliver exemplary customer service.
 A Civil Engineer motivated to learn new trades and skills. Interested in
growing a career and fostering leadership capabilities.

A.Personal Information
Date of birth January 14 1989(G.C)
Place of birth Addis Ababa, Ethiopia
Nationality Ethiopian
Gender Male
Marital Status Single
 B. Educational Background and Training

Date March 09,2017

Masters Master of Science degree in Civil Engineering(Railway

Title of qualification awarded
Engineering Stream)
Specific and additional Civil Engineering courses including
Analysis of Erath Retaining Structures, Advanced Mathematics for
Engineers, Applied Hydrology, Transport planning. Etc.
Additional Professional Soft wares including HY-8 for Hydraulic
structures design , Arch-GIS for Hydrological analysis and design,
Abacus FEA software for structural design and Analysis

Date July 07,2011

Title of qualification awarded Bachelor of Science degree in Civil Engineering

Basic Civil Engineering courses including Theory of structures,

Reinforced Concrete Design, Foundation Engineering, Highway
Engineering, etc

Professional Soft wares including

AutoCAD, MS-Project professional, MS-Excel Spreadsheet, etc.

Name and type of organization providing education and

Hawassa University
training

Type of business or sector Governmental Organization

Date January 13-17,2023

Title of qualification awarded Trainee Engineer on “Corporate Culture”

Principal subjects/Occupational Skills Covered Copy is provided

Name and type of organization providing educational

Ethiopian Management Institute
training

Type of business or sector Governmental Organization

Date November 11,2016

Trainee Railway Engineer on “Seminar on Railway Operations

Title of qualification awarded
Management for Ethiopia of 2016”

Principal subjects/Occupational Skills Covered Copy is provided

Name and type of organization providing educational
Ministry of Commerce ,People’s Republic of China
training

Type of business or sector Governmental Organization

Date September 21,2010

Title of qualification awarded Trainee Civil Engineer

Principal subjects/Occupational Skills Covered Copy is provided

Name and type of organization providing educational

Sunshine Construction plc.
training

Type of business or sector Private Organization

Date April,2014

Title of qualification awarded Certificate on SAP and ETABS Engineering Software application

Principal subjects/Occupational Skills Covered Copy is provided

Name and type of organization providing education and

Zufaly Technology Computer Training Center
training

Type of business or sector Private Organization

Date March 19,2019

Title of qualification awarded Certificate on Language Proficiency Test

Principal subjects/Occupational Skills Covered Copy is provided

Name and type of organization providing education and

British Council Ethiopia
training

Type of business or sector International Organization

Date May 06,2011

Training on Ethics Concepts and rules of corruption for prospective

Title of qualification awarded
graduate students

Principal subjects/Occupational Skills Covered Copy is provided

Name and type of organization providing education and
Hawassa University
training

Type of business or sector Governmental Institution

Date May 22,2018

Title of qualification awarded Recommendation letter

Principal subjects/Occupational Skills Covered Copy is provided

Principal subjects/Occupational Skills Covered Copy is provided

Name and type of organization providing education and

Addis Ababa Light Railway Transit Project Office
training

Date July 18,2011

Title of qualification awarded Recommendation letter

Principal subjects/Occupational Copy is provided

Principal subjects/Occupational Skills Covered Copy is provided

Name and type of organization providing education and

Hawassa University
training

Type of business or sector Governmental Institution

C. Work Experience
Date
Name and address of the employer
Occupation or position held
Major Tasks/Responsibilities being
undertaken
From October 2016 up to Now
Ethiopian Railway Corporation
Senior Contract Engineer
preparing contract packages including Requests for Proposals (RFPs)
preparing preliminary Cost Estimate

Date
Name and address of the employer
Occupation or position held
Major Tasks/Responsibilities being
undertaken
Date
Name and address of the employer
Occupation or position held
Major Tasks/Responsibilities being
undertaken
Date
Name and address of the employer
Occupation or position held
Major Tasks/Responsibilities being
undertaken
Date
Name and address of the employer
Occupation or position held
Major Tasks/Responsibilities being
undertaken
Evaluation Criteria in line with approved contracting strategy and procurement
manual.
Tracking and monitoring active project their accordance with agreed terms and
conditions.
From October 2022 up to Now
Ethiopian Railway Corporation
Senior Railway(Railway Tunnel) Engineer
Researched and investigated project requirements.
Interacted with state and local agencies to ensure compliance with codes and
regulations.
Managed project documents and specifications.
Trained and managed a group of junior Engineers and Surveyors.
Estimated quantities and cost of materials, equipment and labor to determine
project feasibility.
Visited project sites during construction to monitor progress and consult with
contractors and on-time Engineers.
Inspected project sites to monitor progress and adherence to design specifications,
safety protocols and site sanitation standards.
Visited site locations to collect and document all information.
From May 2015 up to October 2016
Ethiopian Railway Corporation
Civil Engineer
Checked design calculations with other team members for accuracy.
Prepared project proposals, including cost estimates, schedules and project
specifications.
Visited project sites during construction to monitor progress and consult with
contractors and on-site Engineers.
Performed construction observation and took soil samples.
Worked with inspectors, workers to conduct weekly status updates.
Managed project documents and specifications.
Planned and coordinated work requiring modification of standard Engineering
techniques, procedures and criteria.
From February 2015 up to September 2016
SG Consulting Engineers P.L.C.
Resident Engineer
Establish and maintain project engineering records Project schedules
Initiate and distribute project documents
Prepare clear, complete and accurate working plans
Monitor and expedite weekly reports for accuracy.
Provide timely data input and/or correction information to insure accurate and
beneficial reporting Create and track project schedule using computer
applications including MS- Project and MS-EXCEL
Identify potential conflicts/delays and provide solutions to keep projects on track
· Perform quantity take-offs and prepare project estimates
Coordinate and communicate effectively with the team and clients
Prepare/assemble all required closeout documentation (i.e.
O&M manuals, as-built drawings, etc.)
From February 2015 up to September 2016
SG Consulting Engineers P.L.C.
Quantity Surveyor
Price/forecast the cost of the different materials needed for the project
Prepare tender documents, contracts, budgets, bills of quantities and other
documentation
Track changes to the design and/or construction work and adjusting budget
projections accordingly
Procure or agree the services of contractors and/or subcontractors who work on
the construction of the project
Measure and value the work done on site
Pay subcontractors
 Liaise with the client and other construction professionals, such as site managers,
project managers and site engineers
Select and/or source construction materials
Write reports
Date From January 2011 up to February 2012
Southern Nations, Nationalities & Peoples Region ROAD
Name and address of the employer
AUTHORITY
Occupation or position held Project Manager
Planned and coordinated work requiring modification of standard Engineering
techniques, procedures and criteria.
Major Tasks/Responsibilities being
Worked with inspectors, workers, and conducting weekly status updates.
undertaken
Controlling daily project construction activities in adherence to the weekly plans.
Date From November 2011 up to January 2012
Southern Nations, Nationalities & Peoples Region ROAD
Name and address of the employer
AUTHORITY
Occupation or position held Civil Engineer
Planned and coordinated work requiring modification of standard Engineering
techniques, procedures and criteria.
Worked with inspectors, workers, and conducting weekly status updates.
Major Tasks/Responsibilities being
Controlling daily project construction activities in adherence to the weekly plans.
undertaken

D. References
 Mr.Yigremachew Endale,Architect and GM of Becheni Cunsult and Architectural
Engineering P.L.C
Tel (Mobile) :- (+251)930307709
Email:becheniconsult@gmail.com,
Addis Ababa,Ethiopia

 Manaye Ewnetu,(Ph.D) in Water Engineering

Former Advisor to CEO of Ethiopian Railways Corporation, Addis Ababa-
Ethiopia, Tel (Mobile) :- (
+251)922568447,Email:manaye2011home@gmail.com,England,United
Kingdom
 Mr. Zeleke Chala,B.Sc. in Civil Engineering, Former Project Coordinator
at SG Consulting Engineers P.L.C.Tel (Mobile) :- ( +251)911672819,
Addis Ababa-Ethiopia
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