Abuja Infrastructure Investment Centre (AIIC), FCTA
Request for Expression of Interest on Consultancy/ Transaction Advisory
Services for FCT PPP Projects
1.0 Introduction
The Federal Capital Territory Administration (FCTA), in its bid to realize its aspiration of developing a world-class federal capital city (FCC), intends to partner with the private sector for the provision of public infrastructure in all sectors of the FCT development on the basis of Public Private Partnership (PPP) framework. This objective is in tandem with the focus of the current administration for massive infrastructure development of the FCC as well as the recent launch of the Vision 20-2020 document whose main policy thrust is sustainable infrastructure development through the PPP initiative.
The Abuja Infrastructure Investment Centre (AIIC), the FCTA organ that is responsible for the promotion and facilitation of Public Private Partnerships (PPPs) in the FCT, desires to engage a minimum of (5) five competent Consultants/ Transaction Advisers to prepare projects and project pipeline in line with the requirements of the approved National Policy on PPP and the Guidelines issued by the Infrastructure Concession Regulatory Commission (ICRC).
The Federal Capital Territory has a total land area of approximately 8000km sq2 with very significant infrastructure deficit. In view of its population and urbanization growth rate, which, at 13% per annum, is the fastest in Africa, the demand for basic infrastructure services in FCT has grown rapidly over the years and hence, has remarkably outpaced infrastructure supply. In order to close this gap, the infrastructure sector will require massive levels of investment that exceed the FCTs funding capacity. The FCTA believes that the private sector can play an important role in providing the required investments in the identified projects on the basis of PPP.
2.0 Objective
Consequently, the cardinal objective of the AIIC is to develop a reasonable pipeline of projects that would be executed on the basis and strict compliance with the approved National Policy on PPP. The pipeline, which would include the projects already identified by the AIIC, cut across all sectors of infrastructure development under the following Lots:
Lot I: Transportation
Lot 2: Agriculture
Lot 3: District & City infrastructure
Lot 4: Projects in the Water and Power sector;
Lot 5: Outdoor Advertisements & Signage Regulation
The approved National Policy on PPP and the guidelines issued by the ICRC envisage a 15-year Infrastructure Plan, preparation of Outline Business Case (OBC), competitive and transparent procurement and efficient implementation of PPP projects. Thus, the Consultancy services required by AIIC are in the areas of project concept preparation, project procurement and project implementation
The Consultants would be required to analyze the technical, economic, and financial viability of the identified project(s) as PPP projects and also offer transaction advisory services up to the declaration of a preferred Investor. In addition, for the Outdoor Advertisement & Signage consultancy sector, the Consultant is to assist in the development and implementation of applicable Regulations. Specifically, the primary deliverables for projects under each sector will be:
- Project Inception Report;
- Draft Outline Business Case Report including initial feedback on whether the project is suitable for PPP execution;
- Outline Business Case Report;
- Transaction advisory services up to the declaration of a preferred investor Consultants are to note that a comprehensive Term of reference (TOR) will be made available to selected Consultants.
3.0Submission of Expression of Interest
Interested Consultants should express their interest by providing a detailed Company profile indicating the following information:
- Full name of the company or firm, the contact person, postal address, telephone number and e-mail addresses;
- Ownership structure of the Company or firm;
- Evidence of experience including list of key personnel that would be available for the services;
- Certificate of Incorporation or registration of the Company,
- 3 years Tax Clearance Certificate and evidence of VAT Registration: and
- If resident in Abuja, evidence of payment of any FCT Utility Bill in the past 3 months
Interested Consultants are to note that the skills and experience required of the Consultants should be specific to the project of interest but must generally include inter alia:
- PPP project advisory services on a minimum of two PPP projects over the past four years;
- PPP project preparation, planning, structuring and economics using international best practices, including forecasting, risk analysis, risk mitigation. Option analysis and modeling in Sub-Saharan Africa in the last three years;
- Financial and economic analysis, including modeling and project finance experience;
- Experience with the identified projects in emerging markets;
- Familiarity with relevant national policies, regulations and laws for PPP and in particular those of the Infrastructure Concession Regulatory Commission (ICRC);
- For Consultants on Outdoor Advertisements, evidence of experience in the practice, management and partnership with the public sector on outdoor advertisement & signage; and
- Familiarity with FCTA administration system, structure and land administration is an added advantage.
4.0 Remuneration
Remuneration of the Consultancy except for the Outdoor Advertising consultancy services, will be payable based on fixed-price bids and Consultants are to note that the AIIC would adhere to the following payments milestone/schedule:
Signing of Constancy Contract and initial mobilization: 10%
Project Conception/Preparation
Inception Report: 5%
Draft OBC Reports 15%
Final OBC Reports 20%
Advisory Services for Project Procurement
Completion of Technical & Financial of investors 40%
Declaration of Preferred Investor 10%
Total: 100%
5.0 Method of Application
Interested Consultants shall the original and two (2) other copies of the Expression of Interest (EOI) marked “EOI for Lot. (insert the Lot you are interested in) at the top left hand corner and deliver to the following address on or later than 14th July 2010 by 12: 00pm local time to:
The Coordinator, Abuja Infrastructure Investment Centre (AIIC)
3rd Floor, ITF House, No. 6, Adetokumbo Ademola Crescent
Wuse II, Abuja, Nigeria
Interested Consultants are also note the following:
- Consultants should not apply for more than one lot
- Consultants can apply a consortium Provided that AIIC will deal with the consortium as a single legal entity
- Late submissions will be rejected
- Respondents and interested members of the general Public, especially the Civil service organizations, are invited to attend the opening exercise on 14th July 2010 by 1205 hrs local time, but shall adhere to the Code of Conduct for public procurement observers stipulated by the Bureau of Public Procurement; Only shortlisted consultants would be contacted and will not enter into any correspondence for or on account of its decision; and
- This advertisement shall not be construed as a commitment on the part of FCTA or AIIC or any organ of the FCT Administration nor shall it entitle for any claim or indemnity by virtue of such company or firm having responded to this advertisement
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