ADAMAWA STATE GOVERNMENT
IN COLLABORATION WITH
THE NIGERIAN SHIPPERS COUNCIL (NSC)
NO. 4, OTUNBA AYODELE SOYODE LANE, APAPA, LAGOS.
THROUGH ADAMAWA INVESTMENT AND PROPERTY DEVELOPMENT COMPANY LTD
REQUEST FOR EXPRESSION OF INTEREST (EOI) FROM PROSPECTIVE INVESTORS FOR THE DEVELOPMENT OF NGURORE VEHICLE TRANSIT AREAS (NVTA), ADAMAWA STATE, NIGERIA

DESCRIPTION
The Adamawa State Government through Adamawa Investment and Property Development Company Ltd, in collaboration with Nigerian Shippers’ Council (NSC) is desirous of developing a Vehicle Transit Area (VTA) on its 40 hectares of land at Ngurore, Yola South Local Government area in Adamawa State, on concession, through a Built, Operate and Transfer (BOT) basis, for a concession period that will be set out in the Concession Agreement.

PROJECT OBJECTIVE.
Vehicle Transit Area is a modern and temporary rest area for commercial truck drivers, and business proprietors, located off the major highways. The aim of VTAS is to ensure that truck operators obtain some measure of safety and comfort while on transit and reduce the rate of Road Traffic Accidents (RTC) and also a place where goods are off-loaded, loaded and temporarily stored in warehouses while on transit, it is usually equipped with facilities like, restaurants, hotel accommodation, pharmacy, warehouses, police outpost, Vehicle service and maintenance stations, Etc.

ELIGIBILITY

  • Evidence of Company Registration with Corporate Affairs Commission (CAC) or its equivalent for both local and foreign firms.
  • Ownership structure of bidding entity, Name(s) of major shareholders and percentage shareholding of participants in the bidding entity.
  • Audited Financial Statements prepared in accordance with the International Financial Reporting Standards (IFRS) of the bidding company or members of consortium for the most recent three (3) years.
  • Evidence of remittance to Industrial Training Funds.
  • Evidence of compliance with the provisions of the Pension Reform Act 2004,
  • Sworn affidavit.
  • Evidence of three (3) years Tax Clearance.
  • In the case of a consortium, evidence in the form of Letter of Association, Agreement (Joint Venture Agreement and/or Memorandum of Understanding (MOU), or Consortium Agreement must be provided.

EXPRESSION OF INTEREST (REQUIREMENTS)
Technical, Operational and Financial capabilities, including:

i. Profile of firm or firms (if in a consortium); including ownership structure and role of each firm; with full contact details (including full name of contact persons, telephone numbers and email addresses), In the case of a Consortium, the members of the Consortium must jointly submit the required information and must also clearly identify one of the consortiums as the lead firm.

ii. Experience in the Development and Operation of a Vehicle Transit Areas or similar facilities, illustrated by the following:

  • Experience in the Development, Operations, Investment and Financing of Vehicle Transit Areas or similar facilities (such as Modern Car Parks, Warehouses, Hotels, etc.) Experience in emerging economies will be an added advantage.
  • General experience of design, finance, development and operations & investment in Vehicle Transit Areas/Major Logistics & Haulage related projects globally/locally (list all relevant track records or similar projects (such as Modern Car Parks, Warehouses, Hotels, etc.)
  • Delivery/Financing/Operating & Maintenance of Large-Scale Vehicle Transit Areas related infrastructure in Nigeria would be an added advantage.
  • Relevant recognition, accolades and rankings on size of operations and performance, and
  • Experience in developing supply chain with local enterprises.
  • Experience and Expertise of key Personnels, as by Profile of key management staff with relevant working experience on a similar project and at least ten (10) years in the relevant industry.

Construction/Delivery/Financing of Large-Scale Vehicle Transit Area Infrastructure.

iii. Evidence of Financial Capacity illustrated by evidence of good financial standing with a minimum net worth of N4 billion and Letters of Support from credible financial institutions in support of the consortium’s ability to manage and operate the VTAs.

REQUIREMENTS FOR PRE-QUALIFICATION;
Interested Firms and/or Consortium are required to pay a non-refundable deposit of Three Hundred Thousand Naira (N300,000) Only in favor of Adamawa Investment and Property Development Company Ltd through the following account details;

  • BANK: ZENITH BANK
  • ACC. NO: 1010349589
  • ACCOUNT NAME: Adamawa Investment & Property Development Company Limited

Interested firms and/or Consortium of firms, may submit their Bids Statements, in response to this EOI wherein firms and/or consortium of firms will be shortlisted for issuance of a detailed Request for Proposal (RFP), Details of the project, application submission process and requirement have been set out in the Expression of Interest (EOI).

METHOD OF SUBMISSION
All applications shall be submitted physically.

  • All submissions must be in a sealed envelope and should be addressed to the Managing D Adamawa Investment and Property Development Company Ltd, No 42, Galadima Aminu Way, Jimeta Yola, Adamawa State not later than, Two Weeks from the date of advertisement.

IMPORTANT NOTICE

  • Only shortlisted applicants will be contacted.
  • All submissions must be clearly written separately marked Ngurore Vehicle Transit Area (VTA)
  • This notice shall not be construed to be a commitment on the part of Adamawa Investment and Property Development Company Ltd, to award any form of contract to any respondent(s) nor shall it entitle any organization submitting document to claim any indemnity from the Government.
  • The envelope containing 5 copies of the completed EOI and the required supporting documents shall be clearly marked “Application for the Concession of Vehicle Transit Areas, Ngurore, Adamawa State” and the Bidder’s name, should be addressed to the MD/CEO of Adamawa Investment and Property Development Company Ltd.
  • Late submission will not be accepted.
  • Submission shall be in English language only.
  • Submission via courier will be accepted only if delivered within the submission time shown above.
  • Adamawa Investment and Property Development Company Ltd, is not bound to shortlist any Firm and reserves the right to annul the Procurement process at any time without incurring any liabilities.

SIGNED
Managing Director/Chief Executive
Adamawa Investment & Property Development Company Limited
Phone: 08068105959
E-mail: adamawainvest@gmail.com

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