FOUNTAIN HOLDING LIMITED
REQUEST FOR EXPRESSION OF INTEREST FOR PUBLIC PRIVATE PARTNERSHIP ARRANGEMENT IN RELATION TO STATE-OWNED ENTITIES (SOES)
DEADLINE: 17TH AUGUST, 2020
INTRODUCTION
To create a conducive environment for investments and development in Ekiti State, EKSG is keen on the commercialisation of two state-owned assets-Ikogosi Warm Springs & Resort and Fountain Hotel. Ekiti State Government (“EKSG” or “the State”) through Ekiti Development and Investment Promotion Agency (EKDIPA”) is inviting interested participants to submit an Expression of Interest (EOI) to be able to participate in the bid process for these assets.
OVERVIEW OF IKOGOSI WARM SPRINGS AND RESORTS
Ikogosi is a fascinating tourist attraction situated at Ikogosi, Ekiti State and sits on a land size of 43,535m2. Ikogosi has a unique feature, it is the only natural resort in Africa where natural warm spring meets and flows side by side with cold spring with each maintaining its thermal properties. The tourist attraction contains rooms for lodging, swimming pool, a restaurant and, an event centre
OVERVIEW OF FOUNTAIN HOTEL
Fountain Hotel is a choice hotel located within the trade complex in Ado-lyin Road, Ado Ekiti spanning across 22,700m2 land area. With hospitality experience spanning over 20 years, the 32- room hotel is distinctive and renowned for its excellent customer service. The hotel comprises exquisite rooms and suites, a restaurant, an Olympic-sized swimming pool and gym and much more, in a spacious structure.
SUBMISSION OF EXPRESSION OF INTEREST:
Interested participants must provide proof of their technical capability, organizational structure, legal status and experience in the hospitality and tourism industry within the last 10 years.
Requisite experience includes:
– Prior experience in services of similar nature and complexity;
– Thorough knowledge of the hospitality and tourism industry, including regulatory frameworks, pricing, taxation, economic
– Possession of at least ten years of relevant experience, including a proven track record in managing similar transaction processes locally, internationally, and in countries of comparable development as Nigeria;
– Participants may enter the bidding process individually as a company or as a Consortium financial and commercial issues;
Expression of interest from eligible company/consortium should include the following information as basis for pre-qualification for submission of a proposal:
– Cover letter duly signed by authorized signatories of the company/ consortium;
– Profile of company/consortium including ownership structure and in the case of a consortium,the role of each member of the consortium, and their full contact details (email and mobile);
– Copy of Certificate of incorporation/registration with Corporate Affairs Commission (CAC)
– Names and curriculum vitae of key staff of the company, or companies in the case of consortium, who will be involved in the assignment, including their qualification and individual experience in handling similar assignments;
– Financial statements for the last three years (2017 to 2019);
– In the case of a consortium, evidence of alliance or Memorandum of Understanding (MoU);
– Evidence of tax and other fiduciary flings for the last 5 years for the Company and at least two (2) Directors; and
– Evidence of registration with Ekiti State Bureau of Public Procurement
Participants must submit one original plus three copies of the requested documents. The original of the completed hard copy bid is to be clearly marked on the front cover “original”; the copy must be marked “copy”. The hard copies must be submitted in a sealed envelope clearly marked EXPRESSION OF INTEREST- PUBLIC PRIVATE PARTNERSHIP ARRANGEMENT IN RELATION TO IKOGOSI WARM SPRINGS AND RESORTS” and/or “EXPRESSION OF INTEREST PUBLIC PRIVATE PARTNERSHIP ARRANGEMENT IN RELATION TO FOUNTAIN HOTEL” and delivered not later than 5 pm on or before Monday, August 17, 2020 at the address below. Two soft copies of the entire bid must be submitted as separate attachments at
the emails listed below.
Participants who demonstrate technical competence will be pre-qualified as bidders to receive a Request for Proposal and other necessary information for the submission of their bid for these assets.
Ekiti State Liaison Office
81A Oduduwa Crescent
GRA Ikeja
Lagos
Nigeria
Telephone: +234 802 841 2671
Email: projectfountain@ng.ey.com
or
Office of the Special Adviser/Director-GeneralEkiti State Development and Investment Promotion Agency (EKDIPA) Governor’s Office
Ado-Ekiti
Ekiti State
Nigeria
Email: projectfountain@ng.ey.com
For enquiries, please contact
Email projectfountain@ng.ey.com
Mobile- +234 811 209 3267
DISCLAIMER:
This Expression of Interest does not in any manner constitute an agreement and is neither an offer nor an invitation by EKSG to the prospective applicants or any other person. Participants shall bear all costs associated with preparation and submission of their EOls and with the finalization and execution of the Transaction Documents and EKSG will not be liable for any of these costs, regardless of the conduct or outcome of the Tender.
