Tenders in Nigeria

Federal Ministry of Power

Request for Proposal for the Appointment of a Coordinating Consultant for the Environmental Impact Assessment (EIA) for Small and Medium Hydropower Projects in’ Different Locations Nationwide

Introduction

The Federal Ministry of power intends to Environmental Impact Assessment (EIA) of small & medium hydropower projects at selected dam sites in twenty (20) different locations as part of its diversification of sources of electricity. accordingly, the ministry in line with the 2011 budget proposals invites interested, experienced and reputable consultancy firms to apply as coordinating consultant for the  Environmental Impact Assessment (EIA) of  Small & Medium Hydropower Projects, in difference location nationwide.

Scope of Work

The scope of works shall include;

1. i.            Preparation of Terms of reference and the detailed Technical/Financial Proposals (RFP) for the Environmental Impact Assessment (EIA)  of the identified Small Projects
2. ii.            Evaluation of the Technical & Financial Bids of the Consultants participating in the Tender Environmental Impact Assessment (EIA)
3. iii.            Coordination, Review and Analysis of Reports and Submissions of the successful   Consultants

Conditions for Pre-Qualification

Interested Firms are expected to collect, fill and submit Standard Request for Proposal (RFP) for Coordinating Consultancy Services for Environmental Impact Assessment (EIA) for Small & Medium Hydropower Projects from  the Office of the Secretary, Ministerial Tenders Board along with the following:

1. i.            Company Profile with copy of Article of Association and CAC Form CO7
2. ii.            Evidence of Firm’s accreditation with the federal Ministry of Environment /NESREA
3. iii.            Evidence of ownership of Laboratory accredited by Federal Ministry  of Environment ( FME)/NESREA or access to the Laboratory accredited by FME/NESREA
4. iv.            Curriculum Vitae of individual  experts/staff who will be assigned to the required services including qualification, Individual experience in handling  assignments and attestation available
5. v.            Financial Capacity Profile of the firm and Evidence of Tax Clearance certificate for 2008, 2009, 2010
6. vi.            Evidence of experience in at least three (3) similar projects executed within the last five (5) years with verifiable Letters of Contract Award.
7. Submission of three (3) years Audited Account with an annual Turnover of over N13million in each of the last 3 years
8. Evidence of Employee Open Retirement Saving Account (RSA) with a Pension Fund Administrator (PFA) of choice
9. ix.            Evidence of Remittance of both Employer and Employee Pension Contribution to the appropriate Pension Fund Custodian

The consultant shall be selected in accordance with the procedures set out in the BPP Standard Request for Proposal   (RFP) for the selection of Consultancy Firms (Complex Lump Sum) January 2008

Submission of Proposal

Complete Technical and Financial Proposals should be submitted in two (2) separate envelopes enclosed inside a third (3^rd) sealed envelope (one Electronic copy in Microsoft Office Original and six (6) copies of each Technical & Financial Proposals respectively and marked “Coordinating Consultancy Services for Environmental Impact Assessment (EIA) for Small & Medium Hydropower Projects nationwide” at the top right hand corner and addressed to:

The Secretary

Ministerial Tenders Board (MTB)

Federal Ministry of Power

Federal Secretariat Complex

Room 347, Phase 1, Annex III,

Abuja , FCT

To reach him on or before 12:00 noon 18^th April, 2011. The prequalification documents should be enclosed inside the Technical Proposal. The technical proposals shall be opened same date at 1.00pm in the Conference Room of the Honourable Minister of States,  4^th floor, Annex III, PHASE 1, Federal Secretariat Complex.

Important Information

• This notice is an Invitation to Tender and not Pre-qualification.
• Only the Financial bids of the Technically qualified Consultants would be opened. The financial bids of the others would be returned unopened.
• Only  Consultancy Firms with proven experience in Hydropower project Designs are eligible to submit proposal.
• No representatives or agents should bid for or behalf any Consultants as the client shall not discuss or deal with any third parties.
• Federal Ministry of power reserve the right to verify and authenticate any claims by Firms.
• Prospective Consultants should therefore include in the submission necessary authority for verification.
• Firms should abide by the bidding instructions and requirement to avoid rejection of their bid.
• The Federal Ministry of Power shall not enter into any debate(s) or discussion with any party(ies) with respect to the rejection of bid not conforming to directives and accommodating documents.

Enquiries on the Invitation

All enquires on the proposals are to be directed to:

Director (EIS)

Federal Ministry of Power

Federal Secretariat Complex

Room 347, Phase 1, Annex III,

Abuja, FCT.

Signed

I.B. Soli (OON)

Permanent Secretary

Share on Facebook

Central Bank of Nigeria

and Nigeria

Deposit Insurance Corporation

Invitation for the Submission of Expression of Interest

For The Provision of Consultancy Services on the

Implementation of International Financial Reporting

Standards (IFRS) and Basel II in the Nigerian

Banking Sector

Introduction

The Central Bank of Nigeria, in line with its mandate of promoting a sound financial system in Nigeria, and in consonance with the ongoing reforms in the Nigeria banking system, has commenced full preparation at ensuring that the banking system in Nigeria fully comply with the requirements of Basel II and gradually migrate to Basel III by end 2012.

Furthermore, the Federal Government of Nigeria’s directive on mandatory adoption of International Financial Reporting Standards (IFRS) for all listed and significant public-interest entities by January 1, 2012. has informed the need for the CBN, as the apex regulator of the banking system in Nigeria, to provide the necessary guidance and direction to the banking industry for orderly migration of financial reporting from the Nigerian/Local GAAP to IFRS.

Accordingly, the Central Bank of Nigeria (CBN), in collaboration with the Nigeria Deposit Insurance Corporation (NDIC), has commenced efforts to guide the industry towards full implementation of IFRS and Basel II, with timelines of January 1, 2012 and December 31 , 2012, respectively.

2.       Expression of Interest for the Provision of Consultancy Services on the Implementation of IFRS in the Nigerian Banking Sector

The CBN/NDIC desires to engage a competent and knowledgeable Consultant or firm of Consultants on IFRS implementation in the Nigerian banking sector.

The successful applicant shall be resident within the CBN for the duration of the implementation period, in order to guide the banking sector, towards a seamless and orderly implementation of IFRS in Nigeria. The choice of the firm/Consultant will be based on proven, successful and verifiable IFRS conversion record in jurisdiction(s) similar to Nigeria.

a.)     PROPOSED RESPONSIBILITIES OF THE CONSULTANT

The Consultant will be required to:

i.        Carry out clear and unambiguous assessment and documentation of the industry readiness, impact of IFRS, and identification of specific infrastructure required to support an organized industry-wide conversion to IFRS. The assessment will amongst others include the:

• Regulatory framework
• Legislation/legal framework
• Skill gaps and training requirements
• Enabling environment
• Technology, including changes to source systems and ledgers

ii.       Specify the benchmark, in line with best practices, for each of the items stated in (i) above.

iii.      Advise the CBN/NDIC IFRS Implementation Committee on the modalities for effective migration and timelines.

iv.      Propose practical and reasonable means of closing the identified gaps in the implementation of IFRS, including capacity building for supervisors/regulators (but shall not be directly involved in providing training services).

v.      Provide a well sequenced conversion/migration plan with cost implications.

vi.      Be actively involved in the implementation process by providing the required support from the commencement to the conclusion of the IFRS Implementation Project in the Nigerian financial services industry, including post implementation reviews.

vii.     Be also responsible for the implementation of IFRS in CBN/NDIC as reporting  entities.

viii.    Coordinate and support the actual rollout stages to compliment the work of the CBN/NDIC’s Implementation Committee.

ix.      Determine how the conversion to IFRS would affect regulatory agencies’ policies and contractual arrangements (including debt covenants) that are currently based on local GAAP.

3.       Expression of Interest for the Provision of Consultancy Services On the Implementation of Basel II in the Nigerian Banking Sector

The CBN/NDIC desires to engage a competent and knowledgeable Consultant or firm of Consultants to assist with implementation of Basel II in the Nigerian banking sector. The successful applicant shall be resident within the CBN for the duration of the implementation period, in order to guide the banking sector, towards a seamless and orderly implementation of Basel II and the eventual migration to Basel III. The choice of a firm/consultant will be based on proven, successful and verifiable implementation of Basel II in jurisdiction(s) similar to Nigeria. Also, it is a requirement that the organization (including the key resources to be deployed for the exercise) must have actively participated in their referenced Basel II implementation exercise.

In choosing the Consultant that would assist in the implementation of Basel II and III in the Nigerian banking sector, preference would be accorded a Consultant with proven technical and working knowledge of the Basel Capital Accord requirements and who had successfully facilitated the implementation of Basel II in jurisdiction(s) similar to Nigeria.

3.1     Proposed Responsibilities of the Consultant

The Consultant will be required to:

a.       Coordinate the conduct of an initial Baseline Survey of the Nigerian banking system to ascertain the level of implementation of any segment of the Basel II and III Framework. The assessment will, amongst others, include the determination of the following:

• Risk Management Framework and infrastructure in place:
• Strength of Internal Controls and Compliance function.
• Methodology used-in ascertaining capital adequacy;
• Robustness of IT infrastructure;
• Available skills and expertise;
• Number of years of loss data available;
• Data completeness and revalidation; and
• Adequacy and robustness of overall credit and collateral management.

b.  Specify the benchmark, in line with best practices, for each of the items stated in (a) above.

c.  Offer advice on capacity building in relation to the project. The Consultant is specifically expected to advise on the types of training programme to undertake, identify competent resource  persons  and  exposure/attachment to similar jurisdictions where Basel II/III is fully implemented;

d.  The Consultant is to facilitate and closely coordinate the workings of the Technical Committee and the various Workgroups set up by the CBN/NDIC IFRS/Basel II Steering Committee to ensure early completion of their assigned roles;

e.  Facilitate, coordinate and ensure early preparation of all the Consultative Papers for exposure to stakeholders:

f.   Incorporate all comments and inputs on the Consultative Papers by stakeholders and ensure their early finalization:

g.  Coordinate and monitor the parallel runs of the Basel II and III frameworks in the banking system;

h.  Coordinate an interactive forum with stakeholders to discuss weaknesses/gaps arising from the parallel run;

i.    Facilitate the finalization of the Basel II & III Implementation Framework;

j.    Closely monitor the live implementation of the Framework for a minimum period of one year; and

k.       Put in place structures towards the adoption of Basel II & III.

4.       Requirements from Interested Firms/Individuals </strong