Request for Expression of Interest (EOI) at Federal Ministry of Power

The Federal Republic of Nigeria
Federal Ministry of Power
Transaction Advisor for the Development of Coal Fired Plant in Benue through the Public Private Partnership

The Federal Ministry of Power (FMP) has completed Feasibility studies, engineering design & Environmental Impact Assessment (EIA) for Coal Power plants in Benue State. Consequently, the Ministry in continuation of the Federal government of Nigeria Power Sector Reform through Public Private Partnership (PPP) for stable, reliable and efficient power supply would like to engage the services of reputable and highly qualified consultants for the concessions of Coal fire plant for power generation through Public Private Partnership (PPP). The engagement of the Transaction Adviser will follow the National Policy on PPP (N4P).

The FMP now seek Transaction advisors to provide a broad scope of advisory services to assist in the procurement of the concessions. The FMP therefore invite qualified Transaction Advisors to express interest in providing such services.

Terms of References
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 modelling;
• Upgrade the feasibility studies 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 FMP Project Delivery Team (PDT) during that process;
• Analysis of enabling legal framework;
• Readiness for market assessment;
• Preparation of information memorandum and tender documentation (including concession contracts etc);
• Support in marketing;
• Organisation 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 FMP 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 Adviser, Legal Transaction Adviser, and Technical Transaction Adviser. International Consultants are encouraged to form partnerships with reputable and accredited Nigerian consulting firms.

Submission of Expressions of Interest (EOI)
Prospective Transaction Advisers should indicate their interest by providing the following:

• 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;
• Details of direct experience advising government in the structuring of PPP transactions;
• Track record of successful closing of PPP concessions, particularly in the Power Sector:
• a Description of roles played in at least five (5) PPP Power Transactions closed in emerging markets during the past seven (7) years (at least one which should be in past (3) years);
• Relevant experience in the Power 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 2009, 2010, 2011 for Nigeria Firms;
• Submission of three (3) years Audited Account with an annual turnover of over 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 Nigerian 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.

Closing Date for Submission of Proposal:
The Expression of interest must be submitted in six (6) copies (one original & five copies) in a sealed envelope clearly marked “Expression on Interest” Advisor on concessioning of Coal Fire Power Plants”, and it should be HAND DELIVERED not later than 15:00hrs Nigerian time on December 17, 2012 to the address below:

The Secretary
Ministerial Tenders Board
Federal Ministry of Power
Room 347 Phase 1, Annex Ill
Federal Secretariat Complex
Abuja

Further Information

• Only shorthsted 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 FMP to appoint any consultant nor shall it entitle any consultant submitting documents to claim any indemnity from
• FMR
• FMP reserves the right to take final decision on any of the document received in your proposals.
• The Transaction Advisor can express interest in one or more lots,

Enquiries on the Invitation
All enquires are to be addressed to:
Director (Power)
Federal Ministry of Power
Federal Secretariat Complex
Phase 1 Annex III
Abuja, Nigeria.

Signed:
Permanent Secretary