Before inviting tender of identified State Owned Enterprises (SOEs) for Privatization, the following valuation procedures are followed:

Valuation by independent Valuer:

Valuation of Assets and Liabilities for the respective SOEs are prepared by the enlisted valuer firm (C.A. Firms/Consultants) engaged by the Privatization Commission.

Review by the Valuation Committee:

Valuation Report submitted by the valuer firms are examined and reviewed by the Valuation Committee of the Privatization Commission. The Committee is composed of members from the Privatization Commission, Ministry of Finance, concerned Ministries and concerned Corporation/Board. Representatives from the concerned Valuer Firms are also invited to discuss on the valuation report.

Re-valuation

After reviewing the Valuation Report by the Committee, the report is treated as final. If the valuation report prepared by the CA/Valuer Firm is considered unsatisfactory by the committee, the enterprise may be revaluated by another CA/Valuer Firm.

Valuation Report and Enterprise Profile:

After finalization of the valuation report, International Tender is invited. Valuation Report and Enterprise Profile can give full information about the Enterprise and this final valuation report is the part of the tender schedule;
Prospective bidders may discuss with the Privatization Commission on the valuation report before submission of the tender;
Prospective bidders may also visit the enterprise physically before submission of the tender.