Invitation to Tender - Investment Attraction Firms, Kenya
Sustainable Urban Economic Development Programme (SUED)
- Work with Kenyan Municipalities to build their capacity to plan and attract investments
- Sep 2018 - Aug 2022
- Bungoma, Eldoret, Isiolo, Iten, Kathwana, Kerugoya/Kutus, Kisii, Kitui, Lamu, Malindi, Mandera, Wote - Kenya
The British Government through the UK Department for International Development (DFID) is supporting emerging urban centres in Kenya through the Sustainable Urban Economic Development Programme (SUED). SUED is a £60 million, five-year programme, supporting 10 fast growing municipalities to develop sustainable urban economic plans and attract investment for critical climate-resilient infrastructure and value chain projects, to better harness inclusive economic growth.
SUED is inviting interested firms/consortium to submit tenders to offer investment attraction services ranging from completion of pre-feasibility studies to drawing in investors to fund specific projects in three municipalities in Kenya, namely: Kathwana, Kisii and Iten.
This will involve taking the projects all the way from conducting pre-feasibility studies to achieving financial close. The interested firms/consortium will be required to help the selected municipalities develop and implement investment promotion strategies and draw in investors to fund commercially bankable climate-resilient infrastructure and value chain projects identified in their urban economic plans. The preferred supplier is expected to provide all the needed support, inputs, documentation, services and content for the project to achieve successful financial close.
Interested firms/consortium will be required to demonstrate the following in their response to this ITT:
- In-depth experience in the provision of investment attraction and/or transaction advisory services;
- Ability to work at national or sub-national level in Kenya or similar setting;
- Ability to conduct pre-feasibility studies across a range of sectors in various municipalities in Kenya;
- Ability to develop and implement investment promotion strategies;
- Extensive networks within the investing community (both public and private);
- Experience in developing match-making platform for investors and those seeking capital to connect on active deals;
- Expertise in structuring various types of investment transactions including use of early stage/seed financing vehicles.
The details and full scope this ITT including can be found on https://www.suedkenya.org/opportunities
How to Apply
The tenders should be submitted in English and be set out in two main parts:
- Part A: Preliminary requirement
- Part B: Technical response
- Part C: Financial response
The responses should be submitted in accordance with the scoring methodology and evaluation criteria as set out in the full ITT document
Interested parties must submit a soft copy of their application by email to email@example.com and should reference “ITT Notice Ref – IAF/03/2020.”
Applications close: 16th April 2020 5.00 PM EAT. Late tenders or tenders in any other format shall not be accepted.
Additional Critical Information: Please note that SUED may release updates, clarifications, modifications or amendments to this request. Interested parties are therefore advised to attend the market engagement events planned by SUED, to regularly visit the SUED website www.suedkenya.org and to consult SUED for any clarifications, inquiries and questions in writing via email to firstname.lastname@example.org
More specifically, SUED is planning a Supplier Conference for all eligible suppliers on 27th March 2020 at 9.00am - 12.00pm at its offices, 3rd floor, Prosperity House, Westlands Road, Nairobi, Kenya. Interested parties are advised to attend to obtain information relevant to this ITT. While the supplier conference location is stated as above, SUED is currently exploring webinar options in light of the current COVID19 Kenyan Government guidelines and will provide updates on its website.
About the Organization
Tetra Tech International Development has a 40-year history in successfully delivering international development projects on behalf of donors around the world, including the UK’s Department for International Development (DFID), Foreign Commonwealth Office (FCO), and the European Union (EU). Our people are focused on improving lives by working side by side with local partners to support stability, economic growth, and good governance.
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