Request for Quotation
Services of two (2) licensed appraisers
Posted: February 09, 2015

  1. The Home Guaranty Corporation (HGC) invites all interested licensed appraisers to submit quotation for the engagement of services of two (2) licensed appraisers to undertake the appraisal of the following properties:

  2. Description No. of TCTs Area
    (in sqm)
    Registered Owner/Custodian/Status
    Block 1 12 18,516 RP/HGC
    Block 2 3 5,184 RP/HGC
    Block 3 23 31,971 RP/HGC
    Block 4 7 8,641 RP/HGC
    Portion of Block 5 2 6,403 RP/HGC
    Block 5 – portion of Republic Ave. 0 9,073 TCT for reconstitution, NHA already initiated the filing of the reconstitution of title.
    Block 7 (Road Lot) 1 1,594 RP/HGC
    Block 8 14 13,571 RP/HGC
    Block 9 45 34,486 RP/HGC
    Block 10 19 24,194 RP/HGC
    Portion of Blocks 9 & 10 5 2,192

    TCTs not in HGC’s custody. 1 TCT with NHA for segregation; 4 TCTs still for verification with Register of Deeds and DPWH

    Total: 131 155,825  

  3. The scope of work shall be as follows:
    1. Fair Market Value (FMV) of the properties using the market data approach for the land and improvements:
      1. On an “as-is, where-is” basis; and
      2. Assumed as cleared of informal settler families;
    2. Prompt Sale Value;
    3. Fair Rental Value using Market Data Approach;
    4. Assumptions and explanation in arriving at the valuation of the properties;
    5. Data/information gathered as basis for valuation;
    6. Pictures of the properties;
    7. Listings of done deals within the vicinity or in nearby areas;
    8. Other methodologies/hypothetical analysis used to affirm the FMV; and
    9. All comparables should be sited on the map or narrated in the report.
    10. Timetable: 30 working days from receipt of Notice of Award.

  4. Approved Budget for the Contract is Php 100,000.00 for each appraiser.

  5. All interested licensed appraisers may submit proposal at the Administrative Department, Second Floor Jade Bldg., 335 Sen. Gil J. Puyat Ave., Makati, on or before 2:00 p.m. of February 18, 2015.

  6. For further inquiries, please call Mr. Arturo Barrios or Ms. Helen Santamaria of the Administrative Department with telephone Nos. 897-32-94, 897-32-32 and 897-32-66..

  7. The HGC Bids and Awards Committee reserves the right to reject any or all Bids/quotations or waive any required formality therein or to accept such offers as may be considered most advantageous to the Corporation.


Bids and Awards Committee