REQUEST FOR EXPRESSIONS OF INTEREST

AFRICAN DEVELOPMENT BANK

Avenue Joseph Anoma – 01 B.P. 1387 – Abidjan 01 – Cote d’Ivoire

Private Sector Credit Enhancement Facility Resource Mobilization and External Finance Department

E-mail : [email protected]

Telephone : + (225) 27 20 26 2742

 

 

  1. The African Development Bank (ADB) hereby invites Consulting Firms to indicate their interest in the following Assignment : Search Firm services – Private Sector Credit Enhancement Facility (PSF) ; 
  1. The services to be provided under the Assignment are to support the procurement and selection of six independent members of the Investment, Risk and Claims Committee (IRCC) of the PSF. The Facility’s mandate is to support the financing of private sector projects in Low-Income Countries (LICs) and transition states in ADF-eligible countries. It performs this role by providing an unfunded Risk Participation to cover part of the credit default risks and losses of covered Non-Sovereign Operations (NSOs) of the ADB. The PSF’s Risk Participation is first-demand, unconditional and irrevocable. The role of the IRCC is to assist the ADF Board of Directors by providing independent technical oversight of the Facility to ensure its financial sustainability, effectiveness and solvency as a risk participant. The IRCC’s role is to perform a second line technical review and clearance of recommendations of the PSF Administrator (PSFA) to the Board of Directors. IRCC is a non-resident committee. Independent members will be mobilized on a retainer contract for consultancy services up to 30 days per annum and remunerated by the Facility. The remuneration of members will be based on the Bank’s scale for individual consultants ; 
  1. The consultancy firm will undertake the following activities :
  • Refine the search criteria based on ToRs for the IRCC and personal specifications ;
  • Amplify the circulation of the request for expressions of interest ;
  • Produce a shortlist of best-fit candidates who will be invited to submit proposals (up to eighteen) ;
  • Support the screening of the proposals by the selection committee to identify the top twelve candidates ;
  • Verify the education, work experience, certifications and professional references of the selected candidates ;
  • Facilitating interviews with the top twelve candidates to confirm fit and interest.
  1. In identifying, screening, and proposing members of the IRCC, the firm shall ensure that the process followed is in compliance with the ADB rules for the procurement of consulting firms ; 
  1. The Private Sector Credit Enhancement Facility (PSF) invites Consulting Firms to indicate their interest in providing the above-described services. Interested eligible Consulting Firms or associations of Consulting Firms shall provide information on their qualifications; as well as their demonstrated ability to provide the services (documentation, references for similar services, experience in comparable Assignments, availability of qualified staff, etc.). The firm will present its standard operating procedure for similar assignment and measures in place for quality assurance ; 
  1. A contract will be awarded following the Quality and Cost-Based Selection (QCBS) method. This procurement process is being undertaken on a quality (75%) and price (25%) basis ; 
  1. The eligibility criteria, the establishment of a short list and the selection procedure shall be in conformity with the Bank’s Rules and Procedure for the Use of Corporate Consultants. Please, note that interest expressed by a Consulting Firm does not imply any obligation on the part of the Bank to include it in the shortlist ; 
  1. The estimated duration of services is two and a half months and the estimated starting date is early May 2021 ; 
  1. Interested Consulting Firms may obtain further information at the email address below during the Bank’s working hours: 09:00 and 17:00 GMT ; 
  1. A shortlist of six Qualified firms will be compiled based on the following criteria :
General qualifications and adequacy for the assignment to be undertaken 40%
Similar experiences 30%
Availability of skills within the personnel of the company during the period
planned for the execution of the contract 20%
Experience with the MDBs and DFIs in similar sectors 10%
TOTAL 100%
  1. Expressions of interest must be received in soft copy to the email addresses below, no later than Monday, April 19, 2021 at 17:00 GMT and specifically mentioning : “Search Firm services” – Private Sector Credit Enhancement Facility– Resource Mobilization and External Finance Department. 

For the attention of Ms. Cécile Ambert and Mr. Amadou Sidibe African Development Bank 

Private Sector Credit Enhancement Facility 

Resource Mobilization and External Finance Department Immeuble CCIA – Avenue Jean-Paul II, Plateau 01, BP 1387

Abidjan, Cote D’Ivoire 

Telephone : + (225) 27 20 26 2742 

E-mail : [email protected] [email protected]