Ekiti State Development And Investment Promotion Agency- Invitation For Expression Of Interest (EoI) For The Concession Of Asphalt Plant In Ekiti State Under Public Private Partnership (PPP) Arrangement

DEADLINE: 6TH OCTOBER, 2021 EKITI STATE DEVELOPMENT AND INVESTMENT PROMOTION AGENCY INVITATION FOR EXPRESSION OF INTEREST (EOI) FOR THE CONCESSION OF ASPHALT PLANT IN EKITI STATE UNDER PUBLIC PRIVATE PARTNERSHIP (PPP) ARRANGEMENT

(1.0)INTRODUCTION In line with the strategic process of optimization of State-owned assets through Public Private Partnership (PPP) initiatives, Ekiti State Government seeks to engage interested qualified and reputable private sector investor for the concession of an Asphalt Plant located in Ado-Ekiti.

The applicants must have proven and verifiable track records in successful ownership and or management of similar company and must be ready to deploy the needed fund and managerial ability towards the successful transformation of the company within a short period of time.

(2.0) SCOPE The qualified private entity should be one with the capacity to expand the plant from its current production capacity of 20 tons per hour to at least 100 tons per hour, with a view to establishing commercial production for the plant. Under the planned concession arrangement, the qualified private sector partner will be granted concession rights to the asset over a 10-year period with the option of renewal subject to negotiation.

(3.0) ELIGIBILITY REQUIREMENTS The following requirements are to be submitted by interested firms:

(i) Evidence of Company Registration with the CAC;

(ii) Evidence of payment of Company Income Tax to FIRS for the last three (3) years;

(iii) Evidence of payment of Personal Income Tax by at least two (2) Directors of the Company (Limited Liability Company) or the Proprietor/Partner (Enterprise) for the last three (3) years;

(iv) Evidence of registration of business premises with Ekiti State Ministry of Trade and Industry;

(v) Company profile including a list of relevant professionals with respective professional bodies;

(vi) Evidence of Registration with Ekiti State Bureau of Public Procurement;

(vii) Evidence of successful completion of similar projects in the past i.e., letters of award of contract and certificate of completion; and

(viii) Evidence of financial capability to execute the project through submission of reference letter from a reputable commercial bank indicating willingness to provide credit facilities for the execution of the project when needed.

(4.0) SUBMISSION OF EOI DOCUMENT The EOI document which must be written in English Language should include an original copy and three (3) other copies arranged in the order listed in 3.0 above.

The document for the job must be sealed in an envelope and delivered to the address below from 8am to 4pm (Monday-Friday) not later than four (4) weeks from the date of this publication.

ATTENTION The Secretary, State Tenders Board, c/o Cabinet & Special Services Department. Office of the Cabinet & Special Services, Governor’s office, Ado-Ekiti.

(5.0) EXPRESSION OF INTEREST FEE Each prospective applicant is expected to pay the sum of N50,000 as the Expression of Interest fee into Ekiti State Development and Investment Promotion Agency’s FCMB Account No 6661017017

(6.0) OPENING OF EOI The EOI documents will be opened immediately tiller the deadline for submission at 12:00 noon of 6 October, 2021 in the Chamber former Governor’s Office. Please note that Ekiti State Development and Investment Promotion Agency will not be held liable for misplaced or through submitted EOI documents.

(7.0) IMPORTANT INFORMATION This invitation does not constitute a commitment on the part Ekiti State Government and the submission of document shall not entitle the interested parties to any claim against Ekiti State Government by virtue of such response to the EOI Invitation and any subsequent requests for information shall be for respondents’ account only.

SIGNED DIRECTOR-GENERAL EKITI STATE DEVELOPMENT & INVESTMENT PROMOTION AGENCY ADO-EKITI

Ekiti State Development And Investment Promotion Agency- Invitation For Expression Of Interest (EoI) For The Concession Of Asphalt Plant In Ekiti State Under Public Private Partnership (PPP) Arrangement

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