Request for Expressions of Interest: Concept Development of Housing Market Information at The Project Administration Team (PAT) on behalf of the Central Bank of Nigeria
Federal Republic of Nigeria
Nigeria Housing Finance Program
Request for Expressions of Interest
(Consulting Services)
Credit No.:5292
Assignment Title: Concept Development of Housing Market Information
The Federal Government of Nigeria has received financing from the World Bank toward the cost of the Nigeria Housing Finance Program, and intends to apply part of the proceeds for consulting services.
The consulting services (“the Services”) include:
(i) Developing an overall framework, which will include the methodology, the sampling, etc. satisfactory to the World Bank and based on established good practice.
(ii) Develop the housing market core indicators to include but not be limited to:
- House Price by different categories and segments
- Major housing material prices
- Land related prices
(iii) Develop a House Price Index (HPI)
(iv) Housing Affordability index
(v) Propose a framework for efficient, effective & regular collection and analysis of primary & secondary data collected.
Specifically:
(A) The primary housing market information Shall include:
- Industry structure performance
- Size of mortgage finance sector
- Housing Finance products
- Lending and servicing process
(B) Funding sources for mortgages and the secondary mortgage market
(C) Housing microfinance
The initial period for the assignment is 1 (one) year and might be renewable annually for the life of the project.
The Project Administration Team (PAT) on behalf of the Central Bank of Nigeria as the Project Implementation Entity (PIE) now-invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The shortlisting criteria are:
(i) The candidate will have a university degree in either Economics, Finance or Engineering.
(ii) Year of Experience (10-12years) post-graduation in Housing Finance and Land related issue.
(iii) Proven experience in developing large data sets, collection of primary data; etc.
(iv) The candidate will have relevant experience in similar projects.
(v) The candidate will be able to communicate effectively in English language and should have strong analytical and report writing skills.
(vi) A good knowledge of econometrics and statistics
The attention of interested Consultants is drawn to paragraph 1.9 of the World Bank’s Guidelines: Selection and Employment of Consultants under IBRD Loans and IDA Credits & Grants by World Bank Borrowers January 2011 (“Consultant Guidelines”), setting forth the World Bank’s policy on conflict of interest.
A Consultant will be selected in accordance with the Consultants Qualification method set out in the Consultant Guidelines.
Further information can be obtained at the address below during office hours: 9:00am to 4:00pm.
Expressions of interest must be delivered in a written form either through post mail or e-mail to the address below by 23rd February, 2015 between 9.00am and 4.00pm.
Head, Project Administration Team (PAT)
Other Financial Institutions Supervision Department
Central Bank of Nigeria
33 Tafawa Balewa Way
Central Business District
Abuja
Nigeria
Tel: +234-0946235446
E-mail: NHFPPAT@cbn.gov.ng
