Ogun State Government
Bureau of Economic Planning and Development
Invitation for Pre-qualification of Real Estate Development Partners for the Redevelopment of an Existing State Owned Property in a Strategic Part of Ogun State Through Public Private Partnership (PPP) Arrangement
1.0 Background
The Government of Ogun State is seeking partners to develop a prime real estate location on the Ogun-Lagos Borders. The vision is to convert an existing facility into a mixed use development that will encompass Hospitality, Residential and Commercial Real Estate, A Retail Complex, Leisure and Entertainment Facilities. The total land area of the site is 131,890sqm2
OGSG now intends to invite Expression of Interest (EOI) from reputable and experienced real estate development companies and investors either as individual firm or consortium with the requisite capabilities to submit qualifications for the purposes of being shortlisted to participate in a competitive tender for the redevelopment of the site into a world class facility.
The envisioned PPP procurement structure is a Design, Build, Finance, Operate and Transfer (DBFOT) model.
On behalf of the OGSG, the Bureau of Economic Planning and Development hereby invites EOI submissions from interested parties for the execution of the project for a defined concession period under DBFOT model
2.0 Project Scope
The requirements for the execution of the project will include but not limited to the following:
(A) Review and update of the existing project technical feasibility reports.
(B) Undertake the requisite engineering designs for the development. It should be noted that all designs would be carried out based on acceptable cost effective technical design principles and performance criteria/standards.
(C) Prepare a schedule of project cost and Bill of Quantities.
(D) Responsible for the financing, design, and development of the facility.
(E) Ensure compliance with all statutory requirements and relevant procedures of OGSG.
(F) Responsible for the operation and maintenance of the facility in conformity with best practices against mutually established benchmarks of performance during the envisaged concession period.
3.0 Requirements From Interested Parties
In order to be pre-qualified, the prospective firms or consortia must possess the relevant experience in real estate development and management. They are required to submit comprehensive information as follows:
- Full name and nationality (country of registration) of the company and contact person, postal address, telephone and e-mail addresses.
- Ownership structure including name(s) of shareholders and percentage shareholdings.
- Company registration including Certificate of Incorporation certified true copies of Memorandum and Articles of Association and CAC Form C07 or the equivalent.
- Most recent 3 -Years Audited Financial Statements and latest Management Accounts.
- Evidence of available financing/access to credit line
- Project team, including specialist consultants and a list of key personnel and organizational chart, their qualifications and relevant experience.
- Evidence of previous experience in carrying out similar works in the development and operation of facility, including the following details: (i) Name of Project, Brief Description and Client, (ii) Scope of Work, (iii) Contract Value, (iv) Contractual Period, (v) Nature of Contract (PPP, lump sum etc.), (vi) Name and address of related client’s referee.
It is pertinent to note that preference shall be given to submissions that demonstrate exceptional value for money, development and operational innovation.
4.0 Submission of Expression of Interest (EOI)
Interested firms may obtain further information at the address below during office hours between 09.00 am to 4.00 pm or by electronic mail.
The EOI submission should include:
One (1) original copy and five (5) other copies of EOI to be delivered in a sealed envelope and delivered on or before 24th July 2012 to the address below by 5:00pm. Nigerian time on the said date.
Attention:
1. The Economic Adviser to The Governor
Bureau of Economic Planning and Development
Ogun State Government
Oke-Mosan
Abeokuta.
Tel: +234-0805-669 9368
i) (rotimi.adewunmi@ogunstate.gov.ng )
ii) (gbenga.omolayole@ogunstate.gov.ng )
It should be noted that this invitation does not constitute a commitment on the part of OGSG and/ or the Bureau of Economic Planning and Development to award the project to any firm or consortium expressing interest. Furthermore the submission of documents shall not entitle any of the interested parties to any claims against OGSG and/ or Bureau of Economic Planning and Development by virtue of such firm or consortium having responded to the EOI invitation. All costs incurred by respondents as a result of this EOI invitation and any subsequent requests for information shall be for respondent’s account only.
