Request for Expression of Interest (EOI) for the Engagement of Transaction Adviser for the Development of Federal Housing Authority (FHA) Corporate Headquarters under the Build, Operate and Transfer (BOT) Agreement
Federal Housing Authority
(Established Under CAP 136 Laws of Nigeria 1990)
26, Julius Nyerere Crescent, Asokoro, PMB 101, Garki, Abuja
Tel: 0709 880 8518
E-mail: info@fha.gov.ng www.fha.gov.ng
Request for Expression of Interest (EOI) for the Engagement of Transaction Adviser for the Development of Federal Housing Authority (FHA) Corporate Headquarters under the Build, Operate and Transfer (BOT) Agreement
Introduction
This advertisement is in line with the Infrastructure Concession Regulatory Commission Est. Act 2005 and the National Policy on Public Private Partnerships.
(1.0) As part of the PPP procurement process, the Federal Housing Authority (FHA), hereby invites experienced and reputable Transaction Advisers ,(TA) (firms/ consortia) to express interest to provide a broad range of Advisory Services for the preparation of an Outline Business Case (OBC) and Transaction Advisory Services for the development of FHA Corporate Headquarters under Build, Operate and Transfer (BOT).
The proposed corporate Headquarters is a 25-storey multipurpose office complex with a basement, hotel, auditorium, banking hall, restaurant and pent house etc. at the Central Business District in Abuja, FTC. The PPP project development phase services to be provided by the TA will involve the preparation of an Outline Business Case for approval, while the PPP procurement phase will lead to the selection of a preferred concessionaire for the FHA corporate headquarters and a Full Business Case submission for approval.
(2.0) Scope of Work:
The scope of work comprises two (2) phases as follows:-
(A) PHASE I – Preparation of Outline Business Case (OBC).
(B) PHASE II – Preparation of Full Business Case (FBC) and provision of Transaction Advisory Services to procure a private partner to build the Federal Housing Authority Headquarters, operate, and transfer at the end of the lease/ contract period.
A detailed overview of services to be provided by the TA shall include but not limited to the following:-
PHASE I – Preparation of the Outline Business Case (OBC). The main objective of the OBC is to establish the Technical. Economic and Financial viability of the FHA Corporate Headquarters Building as a Public Private Partnership (PPP) Project. The consultant in drafting the OBC, shall undertake the following:-
- Definition of project concept.
- Technical scope i.e. description of all the key technical parameters envisioned for the project.
- Needs analysis.
- Cost estimate.
- Preliminary assessment of the social and environmental impact of the project.
- Demand and revenue forecasting for the projects.
- Review and analysing the legal and regulatory frameworks for engaging in PPP.
- Development of financial model to carry out the initial PPP screening to determine suitability for PPP procurement.
- Prescription of different roles for the different actors.
- Preparation of a detailed PPP Outline Business Case for approval.
PHASE II- PPP Procurement Phase
The second phase of the assignment shall involve the preparation of the FBC and Transaction Advisory Services to procure the private partner for FHA Headquarters PPP Project. The Tasks involved include but are not limited to the following:-
- Project Management i.e. design of project work plan and time table, management of advisory inputs and overall management of the advisory team.
- PPP Advisory Services Assessment of existing policy context and strategic
- Current situation analysis Conduct due diligence on current situation of the existing land assets and other related Matters.
- PPP Structuring-Advisory on key issues e.g. concession terms, payment mechanism, concession fees, risks allocation,
- Readiness for Market Assessment.
- Preparation of bidding documents, draft concession agreement, etc. and assisting during negotiation with one or more parties prior to PPP Contract award.
(3.0) Pre-Qualification Requirement
(i) Corporate profile of firm and /or consultant indicating history, organisational structure, area of specialisation, key competencies and resources.
(ii) Key details of the consultant indicating experience and competencies that are relevant to the assignment including curriculum vitae and professional qualifications (Please indicate where available, evidence of membership of professional bodies)
(iii) Certified true copy of certificate of incorporation of firm or as applicable.
(iv) Certified true copy of particulars of Directors.
(v) Certified true copy of Tax Clearance Certificate for the last three (3) years (2012, 2013 and 2014).
(vi) Evidence of Value Added Tax registration and remittance with Tax Identification Number.
(vii) Three (3) years (unabridged) Company Audited Annual Report (2012, 2013 and 2014) certified by a chartered accountant/auditor.
(viii) Certified true copy of three (3) years firm annual returns to the Corporate Affairs Commission (CAC)
(ix) Letter of reference from bankers and current statement of Account for the last one year.
(x) Letter of reference from clients for whom similar assignment have been carried out and delivered within the last three (3) years. Please provide sufficient details for ease of validation.
(xi) A sworn declaration that neither the consultant or any of its Management staff is a staff or director with Federal Housing Authority.
(xii) Evidence of registration with PENCOM and remittance of pension deduction to Pension Fund Administrators (PFA) if applicable (PENCOM letter of compliance).
(xiii) In the event of a joint or consortium bid, a signed and independently verifiable agreement between the parties indicating terms and conditions and identifying the principal and subsidiary party(ies) in the joint bid/consortium.
(xiv) Original documents should be available for sighting on demand during or after the opening of the pre-qualification documents.
(xv) Payment of a non-refundable fee of N200,000.00 only, evidence of which must be attached to the EOI.
(xvi) Evidence of compliance with the amended Industrial Training Fund (ITF) Act, 2011.
(xvii) Evidence of registration/ compliance with Financial Reporting Council of Nigeria (FRCN)
(4.0) General Information
(i) This request for expression of interest is not an invitation to bid.
(ii) All costs incurred in the preparation of and submission of expression of interests is to be borne entirely by the applicants.
(iii) Late submission will not be accepted.
(iv) The Consultant will be pre-qualified based on the provisions of the Public Procurement Act, 2007.
(v) The Federal Housing Authority reserves the right to verify the authenticity and accuracy of claims made in the submission.
(vi) The Federal Housing Authority reserves the right to accept or reject any application for pre-qualification if deemed necessary to do so.
(vii) Only pre-qualified consultants will be shortlisted and contacted.
(viii) The requirements listed under 3.0 (iii, v, vi, xii, xvi, xvii) are Mandatory and failure to produce any will lead to automatic disqualification of the firm, company or consultant.
(ix) Upon receipt of EOI from prospective Transaction Adviser, the FHA in line with the National Policy on PP and Bureau of Public Procurements guidelines on selection of consultants shall evaluate the submissions and pre-qualify applicants
Addendum:
All those who previously submitted their EOI are required to forward their statutory documents for post-qualification.
(5.0) Submission of Expression of Interests (EOI)
The Expression of Interest (EOI) should be in six (6) bound copies in a sealed Envelope and submitted on or before 12:00 Noon on March 20th 2015, clearly marked, “EOI for Procurement of Transaction Adviser for the Development of Federal Housing Authority (FHA) Corporate Headquarters under Build Operate and Transfer (BOT)” and addressed to:
Managing Director/Chief executive,
Federal Housing Authority,
26, Julius Nyerere Crescent,
Asokoro PMB 101, Garki, Abuja
(6.0) Enquiries
Interested consultants may obtain further information from the Executive Director, Business Development (BD) during working hours 08:00 -4:00 pm, Monday – Friday at the FHA Head Office, Asokoro Abuja
(7.0) Opening of Submission
All Expressions of Interest (EOI) received will be opened at 12:00 Noon on March 20th 2015 at the Head Office, Asokoro, Abuja. Members of the public and interested firms or their representatives are invited to witness the opening exercise.
Signed:
Management
