COMISSAO DA CEDEAO
ECOWAS COMMISSION
101, Yakubu Gowon Crescent
Asokoro District,
P.M.B 401,
Abuja, Nigeria.
E-MAIL: info@ecowas.int
COMMISSION DE LA CEDEAO
Tel: (234-9) 314-7472-9
(234-9) 314-7427-9
Fax: (234-9) 314-7646
(234-9) 314 – 3005
From: 11th/04/2013 to: 13th/05/2013
Client: ECOWAS Commission
Type: Expression of Interest (EOI)
TITLE: RECRUITMENT OF A CONSULTANT TO SET UP ECOWAS PENSION SCHEME
The Economic Community of West African States (ECOWAS) is a regional economic community of fifteen countries, founded in 1975. Its mission is to promote economic integration in “all fields of economic activity, particularly industry, transport, telecommunications, energy, agriculture, natural resources, commerce, monetary and financial questions, social and cultural matters.” The overall objective of ECOWAS is to promote cooperation and integration, with a view to establishing an economic and monetary union as a means of stimulating economic growth and development in West Africa.
2. In a bid to achieve the best welfare scheme for its employees and at a reasonable cost, ECOWAS Institutions invited several Insurance Companies and Insurance Consultants to make presentations on an ideal staff welfare scheme with focus on end of service, death in service and medical benefits. The selected Consultant produced a report that resulted in a request to the ECOWAS Council of Ministers to approve the creation of the ECOWAS Staff Joint Pension Scheme (ESJPS) in’ November 2011. It is in this context that ECOWAS would like to use a Consulting Firm to help, develop a Pensions Scheme for the Community.
3. The principal objective of the assignment is to undertake a review of the current pension contributions and related benefits of ECOWAS Staff. The consultant shall undertake a benchmark by reviewing existing pension arrangements, investment policies, procedures and outcomes in comparable institutions, identify risks associated, conduct an actuarial review of the financial sustainability of any newly proposed scheme (for defined benefit schemes in particular) and to fully assess the options open to the implementing entity.
4. For the realization of the mission, the firm shall at least:
- Be a major and internationally renowned firm;
- Have at least 5 years relevant experience in the review and restructuring of pension schemes;
- Have a qualified team of key staff (Minimum of a Bachelor Degree) with 8 years work experience in pension matters;
- Have the capacity to produce and provide the reports in English and French languages.
5. The selection procedure will be based on Quality and Cost in accordance with the ECOWAS Tender Code. ECOWAS Commission is under no obligation to shortlist any Consultant who expresses interest.
6. A shortlist of six firms which present the best profiles shall be drawn up after the expression of interest.
7. The firms that are part of an international network are to submit one expression of interest.
8. The ECOWAS Commission now invites eligible Consultants (Firm) to indicate their interest in providing these services. Interested Consultants must provide information showing that they are qualified to perform the services:
- list of staff and expertise of the Consultants for the mission;
- list of verifiable technical references similar to this mission: list of previous clients and contacts for this type of mission stating the year and the cost of the mission;
- the Office Address (location, contact, BP, Telephone, Fax, e-mail).
9. Interested Consultants may wish to apply as a consortium to enhance their profile and chance of being qualified.
10. Interested Consultants may obtain further information at the address below during office hours: Monday to Friday from 9.00 am GMT+1 to 5.00 pm GMT+1.
Procurement Division, Directorate of General Administration, ECOWAS Commission, Plot 101, Yakubu Gowon Crescent, Asokoro District, P. M. B. 401 Abuja Nigeria or by E- mail to this following addresses: nkuakor@yahoo.fr:
11. Expression of Interest must be delivered in sealed envelope and clearly marked “Recruitment of A Consultant to Set Up ECOWAS Pension Scheme, Do not open except in the presence of the Tender Committee” to the address below by Monday, May 13th 2013 at 4.00 pm GMT+1:
The ECOWAS Tender Box is located in the Office of the Executive Assistant of the Commissioner, Administration & Finance, 5th Floor ECOWAS Commission, 101 Yakubu Gowon Crescent, Asokoro District, P.M. B. 401 Abuja Nigeria.
12. This request for Eol can also be viewed on the following websites: www.ecowas.int
Khadi R. SACCOH (Mrs)
Commissioner, Administration & Finance
