Tajikistan: Financial, Economic and Legal Analysis of Options for Restructuring SUE "Khojagii Manziliyu-Kommunali"

Country: Tajikistan
Language: EN
Number: 4919928
Publication date: 18-10-2017
Source: The European Bank for Reconstruction and Development (EBRD)
Tags: Legal advisory services Energy Construction

Description

Country:

Tajikistan

Business sector:

Municipal and environmental infrastructure

Project number:

71113

Funding source:

SFEBSF - EBRD Shareholders SF

Contract type:

Consultancy Services

Notice type:

Invitation for expressions of interest (CSU)

Issue date:

18 Oct 2017

Closing date:

01 Nov 2017 at 23:59 London

Access eSelection

Project Description:

The European Bank for Reconstruction and Development (the “EBRD” or the “Bank”) is actively investing to improve the availability, reliability and quality of municipal services in Tajikistan, taking into account projected future climate changes risks. The State Unitary Enterprise Khojagii Manziliyu-Kommunali (“KMK”) is one of the biggest clients of the Bank in the water and wastewater sector. The EBRD has extended loans amounting up to USD 35 million and, due to severe affordability constraints, all EBRD loans also consist of grant co-financing.

KMK is the central governmental agency responsible for the delivery of basic municipal services such as water supply and wastewater services. It was established in 2001 as the result of split-up of the State Concern “Tajikcommunservice” into State Unitary Enterprise “Khojagii Manziliyu-Kommunali” and State Unitary Enterprise “Tajikgaz”. Regional and local companies are wholly owned by the KMK.

Assignment Description

The Bank aims to engage a Consultant (the “Consultant”) to perform the two main tasks:

i) To perform specific agreed-upon procedures on Revenues, Costs, Payables and Receivables of KMK and its subsidiaries, further consolidation as a single economic entity, sectoral breakdown (e.g. water and wastewater, solid waste management, etc.) of above-mentioned elements of financial statements and assessment of creditworthiness of KMK on the consolidated basis. (The Consultant will not be required provide an audit opinion and expresses no assurance. The Bank will derive its assurance by drawing its own conclusions from the factual findings reported by the Consultant.)

ii) To facilitate the Bank’s assessment of the operational performance of the KMK and its subsidiaries (25 - Water and Wastewater Companies, 64 - Housing and Public Utilities Companies, 1 – Energy Network Company, 4 – Construction and Education Companies and 28 – Rural Water Suppliers (Tojikobdehot)) and assess institutional bottlenecks (e.g. main operational departments, as well as support units) to develop a detailed improvement roadmap for institutional restructuring and propose alternative options, including but not limited to implementation steps and timings, necessary legislative changes if any, and responsible parties.

Status of Selection Process: Interested firms or groups of firms are hereby invited to submit expressions of interest.

Assignment Start Date and Duration: The Assignment is expected to start in January 2018 and has an estimated overall duration of 3 months.

Cost Estimate for the Assignment: EUR 399,200 (exclusive of VAT). Subject to availability of funding, the performance of the selected Consultant and the specific needs of the Bank the Assignment may be extended beyond the current scope.

The Consultant must determine whether any VAT would be chargeable on the services and the basis for that determination, without taking into consideration the special status of the Bank as an IFI and state this to the Bank in their response to the Invitation for Expressions of Interest. To the extent that a Consultant incurs input VAT on goods and services purchased in connection with the provision of services (e.g. VAT on airline ticket) which is not otherwise recoverable by the consultant from the local tax authority, the gross cost to the consultant of such expenses shall be treated as a reimbursable expense.

Funding Source: It is expected that the Assignment will be funded from the EBRD’s Shareholders Special Fund. Please note selection and contracting will be subject to the availability of funding.

Eligibility: There are no eligibility restrictions. Individuals or consulting firms interested in nominating an expert from any country may apply.

Consultant Profile: Corporate services are required. The Consultant will be a firm or a group of firms preferably with previous project experience related to

- carrying out the Financial, Economic and Legal Analysis of similar municipal entities in water and wastewater sector;

- development of performance improvement programmes for institutional restructuring for organisations in the water and wastewater sector comparable to the municipal entities in Tajikistan

The Consultant’s expert team is expected to include key experts as follows:

Key Expert No 1 Project Manager/Water Utility Expert with preferably 10 years of previous professional experience in providing consultancy support to the municipal water utility sector in the countries with conditions similar to Tajikistan.

Key Expert No 2 International Water Sector Expert with preferably 10 years of practical experience in institutional and regulatory consultancy to public utilities and knowledge of the specific needs and requirements for regulation in the water and wastewater sector in the countries with conditions similar to Tajikistan.

Key Experts No 3 International Public Finance Expert with preferably 10 years of practical experience in providing of financial consultancy to public utilities and municipal entities in the water and wastewater sector in the countries with conditions similar to Tajikistan.

Key Expert No 4: International Public Administration Expert with preferably 10 years of practical experience in working with public and municipal water utilities sector in countries with comparable conditions similar to Tajikistan.

Key Expert No 5: Local Environmental and Social Expert with preferably 10 years or more of previous professional experience in the successful implementation of comparable assignments and with demonstrated knowledge of the environmental and social standards of the EBRD or other comparable institutions.

Key Expert No 6: Local Institutional/Legal Expert with preferably 10 years of practical knowledge of local legislation, experience of developing Public Service Contracts, and possibly policy and legal drafting and advisory expertise.

Key Expert No7: Local Economist with practical experience in working with Public Utilities and City Administrations.

Key Expert No8: Local Public Administration Expert with practical knowledge of the similar assignments in the water and wastewater sector.

Key Expert No9: Local Public Finance Expert with previous professional comparable experience in the municipal water and wastewater sector.

Non-key experts are expected to include other expertise as required and translators.

Submission Requirements: In order to determine the capability and experience of Consultants seeking to be shortlisted for this Assignment, the information submitted should include the following:

1. Company/group of firms’ profile, organisation and staffing (max. 2-4 pages).

2. Details of previous project experience or similar assignments particularly undertaken in the previous five years, including information on contract value, contracting entity/client, project location/country, duration (mm/yy to mm/yy), expert months provided (if different from duration) , main activities, objectives.

3. CVs of key experts who could carry out the Assignment detailing qualifications, experience in similar assignments, particularly assignments undertaken in the previous five years, including information on contracting entity/client, project location/country, duration (mm/yy to mm/yy), expert months provided, assignment budget, main activities, objectives.

4. Completed Consultant Declaration Form and Contact Sheet, the template for which is available from the following web-link:

http://www.ebrd.com/pages/workingwithus/procurement/notices/csu/contact_sheet.doc.

The above information should not exceed 25 pages excluding CVs and contact sheet.

The complete expression of interest (including CVs, Consultant Declaration and Contact Sheet) should be submitted, in English electronically through e-Selection, to reach the Bank not later than the closing date. The expression of interest shall be one file (pdf). The EBRD reserves the right to reject applications of firms submitting more than one file. Only if the permissible file size is exceeded (4MB), the Consultant may split the expression of interest into further files.

Bank Contact Person:

Larissa Gosling
European Bank for Reconstruction and Development
One Exchange Square
London EC2A 2JN
Tel: + 44 20 7338 6338
e-mail: GoslingL@ebrd.com (submissions should be sent through eSelection and NOT to this email address)

Notes:

1. Following this invitation for expressions of interest, a shortlist of qualified firms will be formally invited to submit proposals. Consultant selection and contracting will be subject to availability of funding.

2. The shortlist criteria are:

(a) Firm’s previous project experience in carrying out Financial, Economic and Legal Analysis of similar municipal entities in water and wastewater sector – 20%

(b) Firm’s previous project experience in the development of performance improvement programmes for institutional restructuring for organisations in the water and wastewater sector comparable to the municipal entities in Tajikistan – 20%

(c) CV of Key Expert 1 – 20%

(d) CV of Key Experts 2-9 – 40%