Transaction Advisory Services for Implementation of the Privatization Programme: Privatization Commission

The Privatization Commission is a body corporate established under the Privatization Act 2005 to implement Kenya’s Privatization Programme.

Following the approval of the Privatization Programme by the Cabinet and advertisement for Expressions of Interest (EOIs) for consultancy services for twenty (20) Corporations in the approved programme in December last year and EOIs for
consultancy services for additional six Corporations/Investments last month, the Commission now invites Expressions of Interest for provision transaction advisory services (one consultant) for the following three (3) transactions in the
approved programme:

1. Kenya Ports Authority – Development of Berths 11 – 14
2. Kenya Ports Authority – Eldoret Container Terminal
3. Kenya Ports Authority – Outsourcing of Stevedoring Services

The Consultant, which should be a firm or consortium of firms, will be required
to assemble a team of highly qualified Kenyan and international specialists with relevant expertise and recent experience in providing transaction advisory services, in Port related transactions, overall management of privatization
transactions in transport sector, transaction structuring and commercial legal
advisory services.

A firm that does not have all the expertise for the assignment in-house may associate with another firm to provide the full range of the required expertise.

However, any associating firm can associate with one firm only (i.e. be a member of only one consortium). Expressions of Interest by a firm associating with more than one firm will be rejected.

For each of the three transactions, the Consultant will be required to:

• Carry out financial, legal and technical due diligence;
• Recommend the most appropriate privatization strategy;
• Carry out valuation of the investment;
• Estimate the necessary investment;
• Prepare Information Memorandum and other relevant documents;
• Facilitate discussions between the Commission and other stakeholders;
• Facilitate procurement of other consultants required to implement the transaction and coordinate their activities;
• Advise the Commission on all the requirements for the recommended strategy;
• Take part in roadshows; and
• Provide any other service as may reasonably be required of a Transaction Advisor.
  

Interested Consultants must provide information indicating their qualifications;
capabilities and details of past experience, especially in Transaction Advisory
Services in transport sector (brochures; short description of up to six similar
assignments undertaken in the last five years and the names and contacts of clients; experience in similar conditions and availability of appropriate skills among staff).

The Privatization Commission will prepare the short list of firms to whom the request for proposals (RFPs) will be later distributed. Consultants will be selected in accordance with the Public Sector Procurement Procedures set out in the Public Procurement and Disposal Act 2005 and the Public Procurement and Disposal Regulations 2006.

The consultant will be required to express interest in all of the three consultancies.

Expressions of interest in 4 (four) copies must be received at the address below by 12.30 pm, 30th June 2009

The Executive Director/CEO
Privatization Commission
11th Floor, Extelcoms House
Haile Selassie Avenue
Nairobi

E mail: skitungu @ treasury.go.ke

Tel: 020-2212346/7/8, Nairobi