Expressions of Interest (EOI) for Transaction Advisory Services for the Concession of the Nigerian Prisons Integrated Farm Facility (PIFF), Land Swap Correctional Facility (LSCF) and Industrial Laundry Facility (ILF) at the Nigerian Prisons Service (NPS), National Headquarters, Abuja
Federal Ministry of Interior
Nigerian Prisons Service
National Headquarters
Bill Clinton Drive, Airport Road, Abuja.
Expressions of Interest (EOI) for Transaction Advisory Services for the Concession of the Nigerian Prisons Integrated Farm Facility (PIFF), Land Swap Correctional Facility (LSCF) and Industrial Laundry Facility (ILF)
In line with the infrastructure Concession Est. Act. 2005 and the National Policy on Public Private Partnerships
The Nigerian Prisons Service (NPS) through the Federal Ministry of Interior wish to partner with the private sector to deliver a suite of identified, prioritized and approved Public Private Partnership (PPP) projects. These projects namely; Prison Integrated Farm Facility (PIFF), Land Swap Correctional Facility (LSCF) and Industrial Laundry Facility (ILF) will be delivered under a concession arrangement and fit for purpose PPP model for the respective projects.
The suite of PPP are largely green field projects with brown field components. The Prison Integrated farm Facility will be located within the 6 Geopolitical Zones with value chain linkages for optimization.
The Land Swap Correctional Facility will be located within eight (8) Zonal offices. LSCF will be new correctional facilities in a land swap arrangement for existing correctional facility both within the same geopolitical territory.
The Industrial Laundry Facility is a green and brown field project existing in Kuje FCT and desired for other Correctional facilities nationwide.
As part of the PPP procurement process, NPS hereby invites experienced and reputable Transaction Advisory (TA) firms/consortia to express interest to provide a broad range of advisory services for the concession of Prison Integrated Farm Facility (PIFF), Land Swap Correctional Facility (LSCF) and Industrial Laundry Facility (ILF) covering PPP project development and procurement activities. PPP project development phase services to be provided by the TA will culminate in the presentation of an Outline Business Case for approval, while the PPP procurement phase services to be provided will culminate in preferred concessionaire(s) for the suite of PPP projects and a full business case submission for approval. An overview of services to be provided by the TA shall include but not be limited to the following:
PPP Project Development
- PPP Project Identification and definition ie. A clear description of the PPP project concept, including a description of policy context
- Technical scoping- description of the key technical parameters envisioned for the NPS PPP projects;
- Needs analysis- high-level review of the project’s commercial rationale, and analysis of the demand for and private sector desirability for the projects;
- Option analysis- if the projects are found to be suitable for PPP procurement- presentation of the range of technical and financial options for structuring the PPP transaction(s), including
- PPP framework for the recommended option (for example proposed cost recovery mechanism to reflect recommended risk allocation).
- Cost estimation; preliminary project costing, including expected capital outlays, environmental and social safeguards, and ongoing maintenance costs, as well as a discussion of non-quantifiable costs;
- Development of a likely PPP debt/equity financial structure and detailed financial model to facilitate economic/financial screening to determine suitability for PPP procurement including derivation of evaluation indices FIRR, EIRR, DSCR & LLCR including value for money and public sector comparator justification for preferred PPP procurement model.
- Risk analysis- preparation of risk register identifying all reasonably foreseeable risks and possible mitigation measures, and preparation of a preliminary risk allocation matrix for the public and private sectors;
- Preparation of a detailed PPP Outline Business Case for approval.
PPP Procurement Phase
- Designing and managing the PPP procurement and bid evaluation process post Outline Business Case approval from the EOI stage to procurement of a preferred PPP concessionaire.
- Readiness for market assessment and PPP project marketing ie road shows etc.
- Organization and preparation, where necessary, of supporting documentation to be made available to bidders including bidders data room development and management.
- Preparation of bidding documents, draft concession agreement, etc. and assisting during negotiation with one or more parties prior to PPP contract award; and
- Management of other advisory inputs and overall management of procurement process to ensure a successful transaction.
- Preparation of a PPP Full Business Case.
- Management of post concession agreement interface with concessionaire until financial closure and payment of concession entry fee.
The prospective Transaction Adviser/s may consist of a single firm or a consortium of firms with the requisite financial, legal, technical, PPP, social/environmental and other specialist expertise required to successfully bring the transaction to market and reach financial close. In the case of a consortium, the consortium, members must jointly identify one of the firms comprising the consortium as Lead Transaction Adviser, The Lead Transaction Adviser will have primary responsibility for liaising with the NPS Project Implementation Team and for managing the consortium’s advisory inputs as a whole. Firms comprising the consortium with specialized expertise in finance, legal, and technical fields should be identified, respectively, as the Finance Transaction Adviser, and Technical Transaction Adviser etc.
Requirements
Prospective Transaction Advisers should submit Expression of interest detailing the following information as basis for pre-qualification.
Mandatory (without which company will be disqualified).
(a) Evidence of business registration with Cooperate Affairs Commission (CAC) (Nigerian companies), Certified True Copy (CTC) of memo & Article of Association,
(b) Tax Clearance Certificate for 2011, 2012, 2013, (for Nigerian Firms),
(c) VAT Registration Certificate with evidence of remittance.
(d) Evidence of payment of Training contributions to ITF (Industrial Training Fund),
(e) Evidence of Reg. with FRCN or compliance with the FRCN Act,
(f) Certificate of Compliance issued by the National Pension Commission as evidence of fulfilling employer’s obligation to employees with respect to pension Act, 2004.
Others
- Verifiable evidence of participation in similar scheme with verifiable reference of related services rendered in the last three (3) years in sub-Saharan African (attach letters of engagement),
- Verifiable Corporate profile of the firm showing ownership structure and including CV of key personnel supported by Professional licenses, registered address, GSM phone numbers(s), facsimile number(s),
- Verifiable Audited accounts in the last three (3) years (2011, 2012 & 2013) duly stamped by licensed Auditors.
- Verifiable references of satisfactory performance on similar projects from at least three (3) previous clients,
- Track record of successful closing of PPP concession detailing roles played in at least five (5) PPP transactions covering correctional services, real estate development, national security or intelligence services and integrated mechanized farming projects in emerging markets during the past five (5) years (at least one of which should have been in the past three (3) years).
- Upon receipt of Expressions of Interest (EOI) from prospective Transaction Advisors, the NPS in line with the National Policy on PPP guidelines and BPP guidelines on selection of consultants shall evaluate the submissions and pre-qualify applicants. The successful TA will be competitively 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.
(1) PAYMENT FOR TRANSACTION ADVISORY SERVICES
The Transaction Advisory services being requested here will be procured on a “no cure no pay” output basis. The successful transaction adviser will be paid only when the procured concessionaire reaches financial closure and has paid appropriate entry fee to the grantor of the concession.
(2) Submission
EOI must be submitted in Six (6) copies in a sealed envelope clearly marked “Expressions of Interest for Transaction Advisory Services for the Concession of any of the Suite of PPP Projects Namely:
- PRISON INTEGRATED FARM FACILITY (PIFF),
- LAND SWAP CORRECTIONAL FACILITY (LSCF)
- INDUSTRIAL LAUNDRY FACILITY (ILF)
Submission of the above should include a soft copy version. The EOIs should be addressed and delivered not later than 10th August 2015, at the address below:
The Head of Public Private Partnership (PPP) Unit
Room 2410
Prisons Headquarters
Bill Clinton Drive
Airport Road
Abuja.
Interested applicants may also obtain an overview of services to be provided and other information at the address above from 8.00am – 4.00pm, Monday through Friday.
(3) Opening Date:
All submission will be opened at 11.00am on the 11th of August 2015 at the CGP Conference Hall of Nigerian Prisons Headquarters Office, Airport Road Abuja.
Note:
(a) EOIs should be submitted in English language and prequalified applicants will be contacted. Submission of EOIs through email or fax will be rejected.
(b) The publication of the EOI does not constitute or form any obligation on the part of the NPS.
(c) Submitted Tax Clearance Cert., CAC Cert., ITF Cert., PENCOM Cert., etc. will be screened through the security Agencies.
(d) Only shortlisted firms will be contacted.
Signed
Head of Public Private Partnership (PPP) Unit
For: Controller General of Prisons