The Federal Republic of Nigeria
Federal Ministry of Agriculture and Rural Development (FMA & RD)
In Collaboration with Infrastructure Concession Regulatory Commission (ICRC) Selection of Transaction Advisor for the Development of 25 Silo Complexes through Public Private Partnership
Request for Expression of Interest (EIO)
The Federal Government of Nigeria (FGN) has 25 Silo Complexes it intends to concession to allow for greater participation of farmers and the Public in the Agricultural Transformation Agenda. The different 25 Silo Complexes are as follows:
Kaduna (Kaduna State), Gaya (Kano State), Dutsin-ma (Kastina State), Birnin-Kebbi (Kebbi State), Gusau (Zamfara State), Bauchi (Bauch State), Damaturu (Yobe State), and Maiduguri (Borno State) Ilorin (Kwara State), Lafia (Nasarawa State), Lokoja (Kogi State), Jalingo (Taraba State), Yola (Adamawa State), Ado-Ekiti (Ekiti State), Ilesa (Osun State), Akure (Ondo State), Ikenne (Ogun State), Irrua (Edo State), Igbariam (Anambra State). Ezillo (Ebonyi State), Okigwe (Imo State), Ogoja (Cross River), Uyo (Akwa Ibom), Yenegoa (Bayelsa State).
In this connection, FGN is desirous to assess the strategic fit, achievability, value for money and affordability for the procurement of concessionaires to finance, maintain and operate its silo complexes across the country. The procurement of all concessions in Nigeria follows the National Policy on Public Private Partnership (PPP) published by the infrastructure Concession Regulatory Commission (ICRC).
The FMA & RD and ICRC now seek Transaction Advisors to provide a broad scope of advisory services to assist in the procurement of the concessions. The FMA&RD and ICRC therefore invite qualified Transaction Advisors to express Interest in providing such services.
Terms of Reference
The services to be provided include but not limited to the following:
- Completion of project preparation, including PPP transaction structuring;
- Market sounding to confirm decisions on scope, structuring and timing of transaction;
- Financial analysis and modeling;
- Upgrade the feasibility studies and any other report to outline business case (OBC) in line with the National Policy on PPP (N4P);
- Assistance in designing and managing the procurement and evaluation process and support to FMA&RD Project Delivers Team PDT during the process;
- Analysis of enabling legal frame work;
- Readiness for market assessment;
- Preparation of information memorandum and tender documentation (including concession contract etc);
- Support marketing;
- Organization and preparation, where necessary of supporting documentation to be made available to Bidders (including technical analysis);
- Assistance in negotiation 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.
Transaction Advisers 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 financial close in the case of a consortium, the consortium members must jointly submit the required information and must also clearly identify one of the firms comprising the consortium as the lead Transaction Adviser. The lead Transaction Adviser will have primary responsibility for liaising with FMA&RD and ICRC Project Delivery Team (PDT) 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 Advise, Legal transaction Adviser, and Technical Transaction Adviser International Consultants are encouraged to form partnerships with reputable and accredited Nigerian consulting firms.
Submission of Expressions Interest (EOI)
Expressions of interest (EOIs) from prospective Advisor should specify the following information as the basis for Prequalification
- Full name and nationality (country of registration of the company).
- Profile of firm/consortium including ownership structure and role of each corporate entity with full contact details including email of lead firms.
- Detail of direct experience advising government in the structuring of PPP transactions.
- Track record of successful closing of PPP concessions particularly in the Agricultural Sector
- Description of roles played in at least five (5) Agriculture transactions closed in emerging markets during the past seven (7) years at least one which should be in the past (3) years);
- Relevant experience in the Agricultural sector (including technical competence);
- Experience working in Nigeria and/or Sub-Saharan Africa;
- Financial Capacity Profile of the firm and Evidence of Tax Clearance
- Certificate for 2008, 2009, 2010 for Nigeria Firms;
- Submission of three (3) years Audited Accounts with an annual turnover of N13 million in each of the last 3 years;
- Evidence of Employees Open Retirement Savings Account (RSA) with a Pension Fund Administrative (PFA) of the last three years for Nigeria firms.
Advisor will be selected in accordance with the procedures set out in the BPP Standard Request for Proposals (RFP) for the selection of Consultancy firms (Complex Lump Sum) January. 2008.
Further Information
Expressions of interest must be submitted, separate bids for each Lot, where necessary, in six (6) copies (one original and five copies) in a sealed envelope clearly marked “Expression of Interest for the Selection of Transaction Advisor for Concessioning FMA&RD 25 Silo Complexes” clearly stating the lot number, and it should be hand delivered on or before 18th June, 2012 by 3.00 pm Nigerian time to the address below:
The Secretary,
Ministerial Tenders Board,
Federal Ministry of Agriculture and Rural Development,
2nd Floor, Room 213,
FCDA Secretariat, Area 11,
Garki, Abuja.
All EOIs will be opened immediately after the deadline in the Permanent Secretary’s Conference Room in the presence of all the interested firms in attendance.
Please note that:
- Only shortlisted firms will be invited for further consideration.
- Late submission will be rejected.
- This advertisement shall not be construed as a commitment on the part of FMA&RD/ICRC to appoint any consultant nor shall it entitle any consultant submitting documents to claim any indemnity from FMA&RD/ICRC;
- FMA&RD/ICRC reserves the right to take final decision on any of the document received in your proposals.
- Interested applicants may obtain further information at the address above from 8.00am to 5.00pm, Monday through Friday (except public holidays).
- Expression of interest through email or fax will not be entertained.
Signed
Dr. Ezekiel O. Oyemomi
Permanent Secretary
