REPUBLIC OF KENYA

THE NATIONAL TREASURY

INFRASTRUCTURE FINANCE AND PUBLIC PRIVATE PARTNERSHIPS PROJECT

CONSULTANCY FOR THE PROVISION OF TRANSACTION ADVISORY SERVICES FOR THE DESIGN, FINANCE, SUPPLY, CONSTRUCTION, COMMISSIONING & MAINTENANCE OFTHE 140MW OLKARIA VI GEOTHERMAL POWER PLANT THROUGH PUBLIC PRIVATE PARTNERSHIP (PPP)

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – FIRMS SELECTION)

IFPPP/KenGen/30/2015-16

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 that appeared in United Nation Development Business No. WB3876-07/13 of July 2013.

1.    Background

The Government of Kenya (GoK) has received financing from the World Bank towards the cost of the InfrastructureFinance and Public Private Partnerships Project (IFPPP) whose overalldevelopment 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 that part of the proceeds of this credit be applied to eligible payments under the contracts for provision of Transaction Advisory Services for the Design,Finance, Supply, Construct, Commission and Maintenance of the 140MW Olkaria VI Geothermal Power Plant through a Public Private Partnership (PPP), over a period of eighteen (18) calendar months.

2.   Objective

The objective of the Transaction Advisor (TA) assignment is to assist KenGen with the competitive procurement of a ProjectSponsor/Developer for the design, finance, supply, construction, commissioning, operation and maintenance of the 140MW Olkaria VI Geothermal Power Plant through a PPP arrangement. The TA will prepare a feasibility study consistent with the PPP Act, recommend the best PPP model for the procurement, advise KenGen on the optimum risk allocation and the resultant contract structure, develop transaction documents for theprocurement and provide transaction advisory support through to financial close of the project.

3.   Scope of the Work  

The assignment shall be conducted by a team of eligible consulting firms/consortium and will cover but not be limited to the following scope of work through to a successful financial close;

PHASE 1: Feasibility Study and Project Implementation Schedule

Tasks will include: Project Feasibility Assessment; Technical and Commercial Options Analysis, Project Due Diligence; Economic and Social Cost Benefit Analysis (ECSBA), Financial Viability Assessment, Legal Due Diligence, Site Due Diligence,Environmental and Disaster Risk Assessment, Procurement Options and PPP Structure Analysis;Options Development, Evaluation and Selection, Risk allocation framework and Heads of Terms for Project Contracts, Financial Modeling and Market Sounding, Summary Recommendations, Project Implementation Plan and Feasibility Study Report; Support to KenGen on Securing PPP Committee Approval and All Other Government Approvals.

PHASE 2: PPP Procurement

Tasks will include: Detailed Procurement Plan, Pre-qualification, Bid Evaluation Criteria and Tender Process Design, Request for Proposals (RFP), Draft PPP Project Agreements, Necessary Approvals, Administration of the Bidding Process, Evaluation of bids, updating of value for money and fiscalcommitment/ contingent liability evaluation, PPP agreement and Project Contracts negotiations, PPP agreement management plan, PPP agreementsignature, financial closure, and close-out report and case study preparation.

4.   The National Treasury (the Client), through its Project Implementation Unit (PIU), now invites eligible consultingfirms / consortia to express their interest in providing this service. Interested consulting firms/consortia comprising of firms specialized in Financial, Technical, Legal, Environmental & Social Advisory areas, should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services and shall be expected to specifically identify a LeadTransaction Advisor from amongst them. The shortlisting criteria are: a minimum of seven (7) years' experience advising on PPPs especially in developing countries with at least one (1) financially closed PPP power generation project for Government; experience and proven track record in facilities planning, design and construction of geothermal infrastructure in developing countries; strong experience in legal contracts related to  power generationprojects including but not limited to Power Purchase Agreement (PPA) and Steam Supply Agreement (SSA), contract and ancillary agreement drafting and negotiating in PPP power generation projects.

5.   The attention of interested consulting firms/consortia 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 published in January 2011 and revised in July 2014("Consultant Guidelines"), setting forth the World Bank's policy on conflict of interest.

6.   Consultants mayassociate with other firms in the form of a joint venture or a sub- consultancy to enhance their qualifications.

7.   The firm/ consortium will be selected in accordance with Quality and Cost Based Selection method set out in the Consultants Guidelines.

8.   Further information can be obtained at the address below during office hours i.e. 0900 to 1700 hrs.

9.   Complete Expressions of Interest documents in plain sealed envelopes withconsultancy reference and name clearly marked on top should be delivered in person, sent by mail or by email to the address shown below or placed in the tender box at our offices on the 7^th floor, Anniversary Towers, North Tower.

Deadline for submissionof Expressions of Interest is Monday 20^th July 2015 at 1600 hours Kenyan local time.

DIRECTOR, PUBLIC PRIVATE PARTNERSHIPS UNIT

FOR: PRINCIPAL SECRETARY