DEADLINE: 18TH JULY, 2022
KADUNA INVESTMENT PROMOTION AGENCY (KADIPA)
INVITATION FOR EXPRESSION OF INTEREST (EOI) FOR THE PURCHASE OF KAFANCHAN FOODS AND FLOUR MILL LIMITED
(1.0) BACKGROUND
(1.1) In keeping with the ongoing Restructuring and Divestiture of Kaduna State Government (KDSG) owned Commercial Assets by the Kaduna Investment Promotion Agency (KADIPA), Kafanchan Foods and Flour Mill Limited is hereby offered for sale to persons knowledgeable and experienced in the manufacturing sector particularly within the Flour value chain.
(1.2) Given the need for investment in the Flour Mill, the Kaduna State Government is seeking the engagement of interested bidders to submit sealed Proposals, who will develop and execute a comprehensive takeover, and resuscitation plan of Kafanchan Food and Flour Mill. The bid award will be made to a responsive and responsible firm based on the best value and professional capability. The selected firm will be responsible for the development and implementation of a comprehensive and cost effective strategy. Tasks include but may not be limited to the following criteria:
- A revamping plan.
- Timeline for operationalization of the Flour Mill.
- Proposed capital injection.
- Corporate social responsibility.
- Job creation plan.
- Environmental social responsibility.
- Value chain management.
- Other innovations.
(2.0) ELIGIBILITY CRITERIA
(2.1) Submissions by suitably qualified companies shall include the following:
(a) Certificate of Registration with Corporate Affairs Commission (CAC) along with Memorandum and Articles of Association, ownership, and particulars of Directors.
(b) Company’s profile and resume of key technical staff with requisite professional qualification.
(c) Audited financial statements of the company for the past three (3) years (2019, 2020 and 2021) and most recent Management Accounts
(d) Tax clearance Certificate for 2019, 2020 and 2021, and VAT registration and Evidence of past VAT remittances.
(3.0) SUBMISSION OF BIDDING DOCUMENTS AND OPENING OF BIDS
(a) The Submission shall be in sealed envelopes and clearly marked EXPRESSION OF INTEREST FOR THE PURCHASE OF KAFANCHAN FOODS AND FLOUR MILL LTD.
(b) The submission shall consist of six (6) copies (one original and five copies) and shall include the documents or requirements listed in paragraph 3
(c) This should be submitted on or before Monday 18 July 2022 at the address below:
The Executive Secretary,
Kaduna Investment Promotion Agency
No. 3, Sokoto Road, Kaduna
(d) The opening of the bids shall be by 12 noon on Monday 18 July 2022. Representatives of the bidding companies are invited to witness the bid opening.
(e) On completion of the evaluation of the bids the three most responsive companies will be shortlisted for Request for Proposal
(4.0) ADDITIONAL INFORMATION:
(4.1) Only shortlisted respondents will be considered for Request for Proposal.
(4.2) Late submission will be rejected.
(4.3) This advertisement shall not be construed as a commitment on the part of KDSG to appoint any contractor nor shall it entitle any firm submitting documents to claim any indemnity.
(4.4) All submissions must be made in English Language.
Signed
The Executive Secretary,
Kaduna Investment Promotion Agency
