Kenya Infrastructure Finance/PPP project - P121019
The National Treasury | Published August 16, 2016 - Deadline August 29, 2016
Consultancy For A Financial Expert To Provide Technical
Support To The Ppp Unit In Kenya
THE NATIONAL TREASURY
INFRASTRUCTURE FINANCE AND PUBLIC PRIVATE PARTNERSHIPS PROJECT
CONSULTANCY TO ENGAGE A FINANCIAL EXPERT TO PROVIDETECHNICAL SUPPORT TO THE PPP UNIT IN KENYA
REQUEST FOREXPRESSIONS OF INTEREST
Credit No. 51570 KE
Project ID No.P121019.
This request for Expression of Interest follows the General Procurement Notice (GPN) for the Kenya IFPPP project thatappeared in United Nation Development Business No. WB3876-07/13 of July 2013.
TheGovernment of Kenya (GoK) has received financing from the World Bank towards the cost of the Infrastructure Finance and PublicPrivate Partnerships Project (IFPPP) whose overall development objective is to increase private investment in the Kenyaninfrastructure market by improving the enabling environment to generate a pipeline of bankable PPP projects. It is intended thatpart ofthe proceeds of this credit be applied to eligible payments under thecontracts for provision of the above Consultancyservices for over a period of twelve (12) months, renewable subject to performance.
The primary objective of the assignment is toprovide:
§ The requisite expert advice on key financial, commercial, financing,funding, risk allocation, tax and procurement (together "financial") aspects of PPP project identification, preparation and implementation based on experience and knowledge of the market's ability to provide finance and bear risks; and
§ Capacity building of the PPP Unit, PPP Nodes and variousother PPP bodies of the CAs
2. SCOPE OF WORK
The Scope of Work in this assignment will include, but isnot limited to, the tasks described below:
a) Provide the requisite PPP financial and overall project structuring advice and support to thePPP Unit to enable it to carry out its mandate to assist CAs across various sectorsand county governments to identify, select, appraise, approve, procure, negotiate PPP projects;Contract Management and PerformanceMonitoring of PPP projects throughout their cycle.
b) Lead the operationalization of the PPP ProjectFacilitation Fund (PFF), in particular:
§ Supporting GOK in identifying sources of possible subsidy where PPP projectsmay require government support to remain viable/affordable
§ Engaging with stakeholders in both the private and public sectors to determinevarying needs and perspectives with regards to PPP projects
§ Engaging the DFIs (including institutional investors) in an effort tounderstand their concerns and challenges within the current PPP PFF framework
c) Spearhead the PPP Unit'sefforts of establishing an Auditing and Accounting and Taxation Framework for PPP projects in Kenya
d) Advise and assist the PPP Unit in thedevelopment of Kenya's financial markets for PPP investment: Develop strong relationships with the long term financing market, both local andinternational, including commercial banks, IFIs, infrastructure/investment funds and other potential long term investors/financiersof the PPP market
e) Work closely with the PPPUnit's: Legal Expert in the review of relevant sector laws, with regard to private sector participation, andmake recommendations on areasfor refinement and/or amendment to accommodate PPP projects; County PPPteam in development and implementationof county-level PPP projects; and External Affairs Expert in the development of a PPP stakeholder engagement strategy
f) Provide advice on the PPPcapacity building requirements of the PPP Unit and the Contracting Authorities, and assist in the enhancementefforts:
g) Provide expert financialinput into all aspects of the Unit's PPP activities, including consideration of available and emerging Project Financeprinciples.
3. The National Treasury (the Client) through its Project Implementation Unit (PIU) now invites eligible individual consultants to express their interest in providingthe services. Interested Consultantsshould provide information demonstrating that they have the required qualifications and relevant experience to perform theservices. Consultants should provide their mostrecent profiles showing their experience, qualifications, capabilities, references and detailsof past experience especially in thearea of their expertise etc. Theshortlisting criteria are: (a) University degree infinance/business/economics/accounting or any finance related qualification and preferably with a post graduate qualification in aPPP related field; (b) Minimum of 10 years' demonstrated professional experience in PPPs and project finance with a proven track record infinancial evaluation, modelling and risk quantification of PPP projects including VfM analysis, affordability and fiscal impactassessment; (c) Breadth and depth ofsectoral and relevant experience, demonstrated experience in financially closing PPP projects will be an addedadvantage; (d) Geographical extent of PPP experience ? credit will be given to experience of working with successful PPP programmes, bothinternationally and in markets similarto Kenya's; (e) Demonstrated interpersonal and team leadership and participation skills;and (f) Fluency in spoken and written English.
4. The expression of interest is also open to interested firms who may wish topropose individual consultants. In such cases, only the experience and qualifications of the individuals proposed shall be takeninto account in the selection process and not the firm's corporate experience. Consequently, the ensuing contract agreement will besigned directly with the successful individual.
5. The attention of interested consultants is drawn to paragraph 1.9 of theWorld Bank's Guidelines: Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World BankBorrowers published in January 20112011and revised in July 2014 ("ConsultantGuidelines"), setting forth the World Bank's policy on conflict of interest.
6. Interested eligible individuals may obtain further information at the addressgiven below during office hours between0900 to 1700 hours, Monday ? Friday inclusive, exclusive of public holidays, before the deadline for the submission ofExpressions of Interest.
7. Complete Expressions of Interest documents tobe submitted in plain sealed envelopes with consultancy reference and name clearlymarked on top should be delivered in person,sent by mail orby email to the address shown below or placed in the tender box at our offices on the 7th floor,Anniversary Towers, North Tower
Attention: Procurement Specialist
P.O. Box 21190-00100
7th Floor, Anniversary Towers,North Tower.
Building No.19 Monrovia Street/UniversityWay
Telephone No.: 254 - 20-2210271/4
E-mail: firstname.lastname@example.org; email@example.com; firstname.lastname@example.org
8. Deadlinefor submission ofExpressions of Interest is Monday 29th August 2016 at 1600 hours Kenyan local time.
DIRECTOR, PUBLIC PRIVATE PARTNERSHIPS UNIT
FOR: PRINCIPAL SECRETARY