COUNTRY: NIGERIA
PROJECT: MINERAL SECTOR SUPPORT FOR ECONOMIC DIVERSIFICATION (MinDiver) PROJECT
Project ID No: P159761
ASSIGNMENT TITLE: ENGAGEMENT OF AN ADVISORY FIRM TO UNDERTAKE AN ASSESSMENT OF THE IDENTIFIED PROSPECTIVE MINERAL TARGETS AND MINING ASSETS SELECTED AS POTENTIAL PROOF OF CONCEPT SUPPORT AND/ OR INVESTMENT PROMOTION.
REOI REFERENCE NO: NG-MINDIVER-147931-CS-QCBS
DATE: JULY 17, 2020
DEADLINE: 25TH AUGUST, 2020
The Federal Government of Nigeria (FGN) has obtained a credit from the International Development Association- IIDA/World Bank to be used in providing support to the Government of Nigeria towards reviving the process of Economic diversification through the mining sector.
The Ministry of Mines and Steel Development through the Mineral Sector Support for Economic Diversification (MinDiver) Project intends to apply part of the proceeds for eligible payments ünder the contract for the engagement of an advisory firm to undertake an assessment of the identified prospective mineral targets and mining assets selected as potential proof of concept support and for investment promotion, to which this request for expression of interest is issued.
The objective of this Consulting Services (“the Services’)is to help the Proof Of Concept (PoC)projects by providing them with necessary support, financial and technical services. To design and assist in implementing a Programme that should consider a range of support mechanisms, including on-site business advice, professional services assistance, connections with strategic partners, mentoring and skills training measures to produce successful and financially viable firms that can survive on their Own.
The Mineral Sector Support for Economic Diversification (MinDiver) Project now invites eligible consulting firms (‘Consultant”) to indicate their interest in providing the above services. Interested firm must provide information demonstrating that they have required qualification and relevant experience to perform the services. (i.e. Letter of interest, Brochure, Description of similar assignments, Availability of essential technology and other logistic resources, availability of appropriate skills amongst Staff etc.)
The shortlisting criteria are:
(i) General listing of projects experiences for the last ten years, including the completed and the on going projects,
(ii) Specific description of the similar assignments in the last ten years (with evidence such as Award letter) in: (a) financial and economic analysis of projects; (b) financial markets expertise as well as experience in business valuation: (c) restructuring including due diligence work, investment
and maintenance costing, output specifications, performance regimes, etc:; in Sub-Saharan Africa/ less developed countries; (d) undertaking due diligence studies on mining/mineral projects and in supervising mineral exploration, mineral economics and mining project development including the preparation of report of mineral reserves resources estimations to an international standard; (e) strategic planning, organizational and institutional restructuring: investment and business development restructuring
(iii) Specific experience in countries with similar conditions as Nigeria
(iv)The firm organisational structure (Organogram) showing human resources, adequacy of the staff to perform the technical tasks.
For each project performed the consultant shall provide the name and contact address of the client (office & email address, and telephone number, date(s) of execution, name(s) of lead and associate firms and contract amount.
The attention of interested Consultants is drawn to paragraph 3.16 of the World Bank’s Procurement Regulations on Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World Bank Borrowers edition of July 2016 revised November 2017 and August 2018
(“Consultant Regulations”) also setting forth the World Bank’s policy on conflict of interest. The Terms of Reference (TOR) for the assignment may be accessed on www.minesandsteel.gov.ng/mindiver-procurement
The implementation period for this activity shall be Sixteen (16) Months.
Consultants may associate with other firms in the form of a joint venture, Consortium or sub-consultancy to enhance their qualifications and experience in areas of due diligence, technical studies, mining financial analysis and other related services. Where firms are associating, the submission must include verifiable evidence of association from all the parties.
Selection of the consulting Firm:
A Consulting firm will be selected in accordance with the Quality and Cost Based selection (QCBS) Method procedures in the Bank’s Procurement Regulations for IPF Borrowers (July 2016) (Procurement Regulations) revised in November 2017 and August 2018 and open to all eligible firms and individuals as defined in the Procurement Regulations. Available on www.worldbank.org/procure
Expression of interest must be delivered electronically to mindivertender2020@gmail.com on or before Tuesday, August 25, 2020 at 12:00 noon prompt.
Interested Consultants may obtain further clarifications via the email below.
The Project coordinator,
Mineral Sector Support for Economic Diversification Project (MinDiver)
10, Lola Close, off Luanda Crescent, Off Ademola Adetokunbo Crescent,
Wuse II, Abuja, Nigeria
E-mail: mindivertender2020@gmail.com
+23409 092340644
