Entareyehirungu
JF-Expert Member
- Oct 27, 2006
- 488
- 471
The Government is seeking separate consultants for two multi-billion shilling infrastructure projects to be implemented under Public Private Partnership framework.
In newspaper notices yesterday, the National Treasury invited bids for technical advice on the proposed Kisumu Port and Jomo Kenyatta International Airport Hotel which form part of five infrastructural projects so far identified by the government for roll out under the PPP framework.
Others are construction of second bridge at Nyali Beach in Mombasa county, expansion of Nairobi-Mombasa Highway and maintenance of Thika Super Highway.
Consultancy for Kisumu Port will take 24 months while for JKIA's five star air-side and land-side hotel's has been set at 14 months
Successful bidders should have a seven-year experience in similar work including at least three financially closed projects for governments in developing countries.
Services being sought include legal, environmental and social, technical as well as lead and transactional consultancy on design, building, funding, maintaining and operating the two key infrastructural projects.
They will be required to advise on the entire transaction process guided by the PPP Act 2013 signed into law on January 21, this year, and World Bank's(consultancy financier's) guidelines on employment of consultants of January 2011.
The lead advisor will further be required to develop a detailed documentation on the project's feasibility,its development and information memorandum, the tendering procedures and processes, bidder negotiations and financial disclosures.
Under the PPP framework, the Government plans to shift funding role for commercially viable infrastructure projects from development partners to the vibrant private sector.
"Concessional borrowing may in near future be limited to social projects so as to maintain public debt (now at over Sh1.87 trillion) at sustainable level," Treasury secretary Henry Rotich said in a speech to stakeholders' workshop on regulations to the PPP Act in Nairobi on July 2. "While the government will continue to solicit for funds from the development partners and increase its tax revenue, this will not be adequate to fund the infrastructure requirements."
Private sector, under proposed PPP regulations, will control up to 75 per cent of infrastructure projects , largely as contractors, transaction advisors and lenders.
"We want the private sector to bring in money," said director of PPP Unit at the Treasury, Stanley Kamau. "In fact, in most projects we will not need participation of public bodies. It will be 100 per cent privately owned."
Source: Click here!
In newspaper notices yesterday, the National Treasury invited bids for technical advice on the proposed Kisumu Port and Jomo Kenyatta International Airport Hotel which form part of five infrastructural projects so far identified by the government for roll out under the PPP framework.
Others are construction of second bridge at Nyali Beach in Mombasa county, expansion of Nairobi-Mombasa Highway and maintenance of Thika Super Highway.
Consultancy for Kisumu Port will take 24 months while for JKIA's five star air-side and land-side hotel's has been set at 14 months
Successful bidders should have a seven-year experience in similar work including at least three financially closed projects for governments in developing countries.
Services being sought include legal, environmental and social, technical as well as lead and transactional consultancy on design, building, funding, maintaining and operating the two key infrastructural projects.
They will be required to advise on the entire transaction process guided by the PPP Act 2013 signed into law on January 21, this year, and World Bank's(consultancy financier's) guidelines on employment of consultants of January 2011.
The lead advisor will further be required to develop a detailed documentation on the project's feasibility,its development and information memorandum, the tendering procedures and processes, bidder negotiations and financial disclosures.
Under the PPP framework, the Government plans to shift funding role for commercially viable infrastructure projects from development partners to the vibrant private sector.
"Concessional borrowing may in near future be limited to social projects so as to maintain public debt (now at over Sh1.87 trillion) at sustainable level," Treasury secretary Henry Rotich said in a speech to stakeholders' workshop on regulations to the PPP Act in Nairobi on July 2. "While the government will continue to solicit for funds from the development partners and increase its tax revenue, this will not be adequate to fund the infrastructure requirements."
Private sector, under proposed PPP regulations, will control up to 75 per cent of infrastructure projects , largely as contractors, transaction advisors and lenders.
"We want the private sector to bring in money," said director of PPP Unit at the Treasury, Stanley Kamau. "In fact, in most projects we will not need participation of public bodies. It will be 100 per cent privately owned."
Source: Click here!