National Inland Waterways Authority (NIWA) in collaboration with Infrastructure Concession Regulatory Commission (ICRC)
Public Private Partnership (PPP) Project Advisory Services for the Concession of Onitsha, Lokoja, Baro and Oguta River Ports, Nigeria
Request for Expressions of Interest
The Federal Government of Nigeria (FGN) has received a credit from the International Development Association (IDA) and intends to apply part of the proceeds of this credit to payments for the services of reputable and highly qualified Transaction Advisers for the concession of Onitsha, Lokoja, Baro and Oguta River Ports. Nigeria through Public-Private Partnership (PPP). The concession is being supported by the World Bank Group as part of its broader initiate to support Nigeria’s PPP programs. The procurement of the concession will follow the National Policy on PPP published by Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
The National Inland Waterways Authority (NIWA) is a parastatal of Federal Ministry of Transport (FMOT) and the proposed river ports for concession are under the jurisdiction of the NIWA. The Onitsha River Port has been fully developed and will be used as a pilot concession while the other river ports (Lokoja, Baro and Oguta) are currently at various stages of physical development and will be concession once the transaction on Onitsha river port is completed.
In the process of seeking the services of a Transaction Adviser to provide
a broad scope of advisory services for concession of the river ports,
NIWA hereby invites qualified Transaction Advisers to express interest in providing such services. The services to be provided include but not limited to the following:
- Preparation of Business Case, including PPP transaction structuring to complete project PPP development;
- Provide market trends that will confirm decisions on scope, structuring and timing of transaction;
- Assist in designing and managing the procurement and evaluation process and support to the Project Implementation Team during that process;
- Readiness for market assessment;
- Support in project marketing;
- Organization and preparation, where necessary, of supporting documentation to be made available to bidders (including technical analysis);
- Preparation of Concession Agreement and Assistance in negotiating with one or more parties prior to contract award; and
- Management of other advisory inputs and overall management of the advisory team to ensure a successful transaction.
- Social safeguards and environmental issues.
Transaction Advisors may consist of a single firm or a consortium of firms with the financial legal, technical, PPP, and other specialist expertise required to successfully bring the transaction to market and reach financial close. In the case of a consortium, the consortium, members must jointly identify one of the firms comprising the consortium as the Lead Transaction Adviser. The Lead Transaction Adviser will have primary responsibility for liaising with the Project
Implementation Team and for managing the consortium’s advisory inputs as a whole. Firms comprising the consortium with specialized expertise in the finance, legal, and technical fields should be identified, respectively, as the Finance Transaction Adviser, Legal Transaction Adviser, and Technical Transaction Adviser etc. International Advisers are encouraged to form partnerships with refutable Nigerian consulting firms.
Submission of Expressions of Interest (EOIs)
Prospective Transaction Advisers should submit Expression of Interest detailing the following information as basis for pre-qualification:
- Profile of firm/consortium including ownership structure and role of each corporate entity with full contact details of each firm;
- Details of direct experience advising governments in the structuring of PPP transactions;
- Track record of successful closing of PPP concessions, particularly in the port sector;
- Description of roles played in at least five (5) PPP transport transactions closed in emerging markets during the past seven (7) years (at least one of which should be in the past three (3) years);
- Relevant experience in the river port concession (including technical competence);
- Copies of unabridged financial reports for the last 3years
- Experience working in Nigeria and/or sub-Saharan Africa;
The Adviser will be selected in accordance with the procedures set out in the World Bank Guidelines: (Selection and Employment of Consultants by World Bank Borrowers Revised May 2004, October 2006 and May 2010)
Expressions of Interest must be submitted in one (1) original and five
(5) Copies in a sealed envelope clearly marked “EXPRESSIONS OF INTEREST FOR TRANSACTION ADVISORY SERVICES ONITSHA, LOKOJA. BARO AND OGUTA RIVER PORTS CONCESSION” A CD-ROM version should also be included.
The expressions of interests should be addressed and delivered not later than 3.00pm on Wednesday 22nd May, 2013 at the following address:
The Managing Director
National Inland Waterways Authority (NIWA)
Adankolo New Layout Lokoja,
Kogi State
Nigeria
Attention:
Mr. Femi Ajisafe
General Manager. (Research, Planning & Environment)
TeI: +-234-803-377-0183
Interested applicants may obtain further information at the address above from 9.00 am to 4.00 pm, Monday through Friday (except public holidays) and from Mr. Adamu Umar, Tel: +234-803-631 -7838;
E-mail: a.umar@icrc.gov.ng
Interested proponents are kindly requested to note that;
- Submission of EOIs shall be in English language only.
- Submission of EOIs through electronic media will not be considered.
- Only short-listed Consultants will be contacted.
