As the deputy is aware NAMA has acquired loans and is not the owner or operator of properties. The Agency’s role is that of a secured lender. NAMA appointed a panel of property valuers in 2009 to assist in the valuation of property that was security for loans being acquired and that this process has now concluded. Other than properties that have been enforced, all of which are listed on NAMA’s website and which are managed by the appointed receivers, properties continue to be managed by their existing owners or their professional managers/agents. In managing the letting and sale of properties, owners and receivers are required to appoint selling agents on a competitive basis and under a duty of care to NAMA. Where NAMA directly procures services, it does so in accordance with the rules of public procurement. All tenders directly managed by NAMA are advertised on the NAMA website, www.nama.ie, and the public procurement website, www.etenders.gov.ie. NAMA recommends that interested parties monitor these sites to identify suitable tenders which may arise in the context of NAMA’s work.