Infrastructure Concession Regulatory Commission (ICRC) in Collaboration with Federal Ministry of Finance
The Public Private Partnership (PPP) Project Selection of Finance PPP Project Coordinator
Request for Expressions of Interest
The Federal Government of Nigeria (FGN) has obtained a credit from the International Development Association (IDA). The credit will be used primarily for infrastructure up-scaling in the different sectors of the country through PPPs by providing technical assistance, capacity building and long-term financing and intends to apply part of the proceeds of this credit for payments for the services of a highly qualified Finance PPP Project Coordinator to assist the Ministry of Finance in assessing projects for fiscal risk.
Established by an Act of the National Assembly in 2005, the infrastructure Concession Regulatory Commission (ICRC) was to regulate Public-Private Partnership endeavours of the Federal Government aimed at addressing Nigeria’s physical infrastructure deficit which hampers economic development.
The Act provides for the participation of the private sector in Financing, Construction, Development, Operation and Maintenance of Federal Government infrastructure or development projects through concessions or contractual arrangements. Thus the role of ICRC is to regulate, monitor and supervise all of these activities in such a way as to ensure value-for-money for Nigerians and, at the same time, deliver services in the most effective and efficient manner required to achieve high quality services by the Commission.
Objectives:
The objective of this assignment is to assist the Ministry of Finance in managing functions that are critical to the implementation of PPPs focusing on project preparation that will enable the Ministry to determine public finance parameter and value for money as well as project appraisal and negotiations thus establishing a PPP Unit in the Ministry of Finance.
Scope of Work:
The Project Coordinator when appointed will be required to perform the following tasks/responsibilities;
- Work closely with the World Bank funded PPP project and ICRC in developing and implementing an action plan to establish the unit within Ministry of Finance.
- Organize and chair a technical PPP group consisting of ICRC, WB and the Ministry of Finance officials to agree to a quarterly action plan.
- Prepare briefings on PPP issues for the Permanent Secretaries, Directors and Commissioners to ensure all decision makers are fully informed of all critical issues pertaining to PPPs
- Work closely with ICRC, World Bank, and the PPP unit to develop a work plan, budget and procurement.
- Review all technical reports and prepare position points on PPP issues for the Ministry
- Liaise with all relevant MDAs i.e. Ministry of Justice, to ensure the smooth implementation of pilot PPP projects.
- Prepare position papers regarding PPP laws, regulations, guidelines, etc. for the Ministry’s representation.
- Coordinate the World Bank implementation support mission with technical staff and Directors in the Ministry.
Submission of Expression of Interest (EOIs)
Prospective consultants should submit an Expression of Interest detailing the following information as basis for pre-qualification:
- Masters degree in Economics or equivalent;
- Evidence of at least 5 years working (verifiable) experience in investment banking, project finance, risk management, etc.
- Must have cognate experience in privatization/PPPs transactions
- He must have a proven experience working with an International/ multilateral organizations;
- Must be a good manager who is self driven and proactive
- Must be able to analyze and solve complex problems
- Must have a balanced personality with excellent communication and interpersonal skills;
- Candidate must be computer literate and should have good verbal and written English language skills.
The Consultant(s) will be selected in accordance with the procedures set out in the World Hank “Guidelines: Selection and Employment of Consultants by World Bank Borrowers” dated January 1997 (Revised September 1997, January 1999, May 2002, May 2004, October 2006, May 2010 and January 2011)
Expressions of Interest shall be in English and must be submitted in three (3) copies in a sealed envelope clearly marked “Expressions of Interest for “The selection of Finance PPP Project Coordinator”. A CD-Rom version should also be included.
The expressions of interests should be addressed and delivered on or before 3rd August 2012 by 5.00pm at the address below:
Nelson T. Hundumofore
Project Procurement
Infrastructure Concession Regulatory Commission
Plot 1270 Ayangba Street, Area 11,
Garki District, Abuja
E-mail: n.hundumofore@icrc.gov.ng
Interested applicants may obtain further information at the address above from 8.00 am to 5.00 pm, Monday through Friday (except public holidays)
Only short-listed Consultants will be contacted.
Expression of interest through email or fax will not be entertained.
