Expression of Interest - Details
- Eoi Name:
- TRANSACTION ADVISORY SERVICES FOR THE DEVELOPMENT OF A METRO RAIL / LIGHT RAIL TRANSIT SYSTEM IN ACCRA AND ITS ENVIRONS
- Pack #:
- GR/MRD/EOI/TA/ACCRAIL/01/2017
- Post Date:
- 27th October, 2017
- Submit Date:
- 10th November, 2017
- Tender Cat:
- Consultancy Services
- Agency:
- Ministry of Railways Development
- Industry:
- Transportation
- Description:
- The Ministry of Railways Development of the Republic of Ghana intends to apply part of its budgetary allocation to payments under a contract for Transaction Advisory Services for the Development of a Metro Rail / Light Rail Transit System in Accra and its environs.
The objective of the assignment would be to engage an experienced and qualified Transaction Advisor (TA) to assist the Ministry of Railways Development through the various phases of a study which includes undertaking a feasibility study for the development of a Rail based Transit System on priority corridor(s) in Accra and its environs to be identified and agreed upon with stakeholders, develop a bankable document and assist with the procurement of a private sector partner to undertake the development of the project as well as develop a funding model to enable the project to be undertaken on a BOT or BOOT basis.
The first phase of the assignment will be a study and will have the following five main stages:
a. Identification of major travel corridors through a comprehensive traffic study including primary traffic & travel surveys, development of land-use parameters and transport demand modelling.
b. Technical, Financial, Economic and Environmental/Safeguard as well as the Legal Feasibility of the selected system along the identified/ agreed priority corridor(s) in Accra and its environs as identified and agreed upon with stakeholders.
c. Survey and map out right of way for the selected corridor(s).
d. System selection by studying the available Rail based Transit Technologies worldwide, with recommendation for technology most suited for Accra and its environs with respect to forecasted ridership, right of way, total CAPEX/OPEX of the proposed system as well as cost per passenger km.
e. Development of a suitable financial model for the project.
In the second phase, the TA will provide advisory services for the procurement of an investor, which advisory service shall include advise on the preparation of all necessary documentation and processes (Expression of Interest, Bidders’ Conference, Request for Proposal, Proposals Evaluation, Selection and Negotiations with a private sector entity and bring it to financial closure).
The Ministry of Railways Development now invites eligible Transaction Advisory firms to indicate their interest in providing the Services. Interested TAs should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.).
The shortlisting criteria are that all TA firms responding to this Request for Expressions of Interest must have at least ten (10) years of relevant similar experience and the technical capacity in providing Transaction Advisory Services for Transport Sector organizations across Africa.
TA firms may associate with other firms to present a joint bid. Every bid must include significant Ghanaian participation.
- Source of Funds:
- Internally Generated Funds
- Region:
- Greater Accra
- District:
- Accra Metropolitan District
- Contact Person:
- The Hon. Minister, Ministry Of Railways Development, 3rd Floor, Private Mail Bag, Ministries, Accra, Ghana
- Email :
- development@mrd.gov.gh
- Tel :
- 233 (0) 302904840; +233 (0) 302904841
- Fax :
- Website: