Invitation for Request for Expressions of Interest    Status:Approved

GOVERNMENT OF THE PEOPLE'S REPUBLIC OF BANGLADESH

Ministry/Division : Ministry of Finance
Agency : Finance Division
Procuring Entity Name : "S. M. Formanul Islam, Executive Director & CEO Bangladesh Infrastructure Finance Fund Limited (BIFFL)"
Procuring Entity Code :
Procuring Entity District : Dhaka
Expression of Interest for Selection of : Consulting Firm (National)  (Time-Based)
Title Of Service : Firm for conducting project appraisal and due diligence for BIFFL
EOI Ref. No. : Ref No. BIFFL/Admin-4.11/2019-1004
Date : 07/05/2019

KEY INFORMATION

Procurement Sub-Method : Quality and Cost Based Selection(QCBS)

FUNDING INFORMATION

Budget and Source of Funds : Development Budget Grant/Credit
Development Partners :

PARTICULAR INFORMATION

Project/Programme Name :
EOI Closing Date and Time : 30/05/2019 3.00 PM
Publication Date : 12/05/2019

INFORMATION FOR APPLICANT

Brief Description of Assignment : "The Government of the People's Republic of Bangladesh (GoB) has received financing from the World Bank towards the cost of the Investment Promotion and Financing Facility-II (IPFF-II) Project and intends to apply part of the proceeds for consulting services through BIFFL. Bangladesh Infrastructure Finance Fund Limited (BIFFL) is a government-owned Non-Bank Financial Institution, established in 2011 for infrastructure financing. BIFFL has a diverse long-term loan portfolio including power, connectivity, tourism, health, IT etc. Bangladesh Bank through its cell named IPFF-II Project Cell is implementing the project on behalf of the Finance Division, Ministry of Finance, Gob. The key objective of Component-2 of IPFF II project is to build and strengthen the ecosystem of long-term infrastructure financing in Bangladesh. As such BIFFL will receive certain TA support to appoint a firm for conducting project appraisal and due diligence for BIFFL for financing in infrastructure projects considered under IPFF-II Project. The Consulting services (the ‘Services’) willinclude but not limited to the following (details are given in the ToR): • Assessment of existing project appraisal and due diligence procedures in comparison to Operations Manual of IPFF-II Project. • Conduct project appraisal and due diligence as per Operations Manual of IPFF-II Project on the following aspects: Financial Modeling, Credit risk grading, Environmental and social risk grading, Economic Cost-Benefit/Social Cost-Benefit/OEHS Guideline keeping accounts of Bangladesh Labor Law 2006 and ILO Standard, Technical and technology analysis, Procurement process verification &Legal due diligence etc. • Conduct capacity needs assessment on BIFFL’s existing human resources and recommend capacity building activities (such as knowledge sharing sessions, workshops, seminars etc.) • Provide on-job training to relevant BIFFL officials during the entire due diligence process. • Successful appraisal (up to approval from the Board of Directors of BIFFL) of minimum nine (09) sub-projects among nine (09) different eligible sectors. The detailed Terms of Reference (ToR) for this assignment can be found at the following website: www.biffl.org.bd & https://www.bb.org.bd/aboutus/tender/tenders.php or can be found at the address given below. The consultancy will be for a period of 30 (thirty) months starting from the date of contract signing.
Experience, Resources and Delivery Capacity Required : "BIFFL now invites eligible consulting firms (the ‘Consultants’) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to provide the Services. The Consultants will be short-listed based on the following “Shortlisting Criteria”: a) Core business & years in business b) Relevant Experience (compatible size, complexity, and technical specialty) c) Technical and managerial capability of the firm. d) Financial capacity/soundness of the firm (Turnover, Net worth, Profit etc.) Consultants are required to submit the following “Supporting Documents” in support of the above-mentioned shortlisting criteria: a) Forwarding letter with detail address (i.e. mailing address, telephone, fax, email) and contact person for communication. b) Registration documents of the firm (s); c) JV agreement/letter of intent (if applicable); d) Firm’s brochure; e) List of relevant experience (including total cost, total input, employer, location of service, description of service etc.); f) Staffing & logistics of the firm; g) List of professional strength with name, qualification and experience; h) Audited financial reports for last three years;
Other Details (if applicable) : "The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” July 2016 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. Consultants may associate with other firms to enhance their qualifications but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected. A consulting firm will be selected in accordance with the Quality and Cost Based Selection [QCBS (National)] method set out in the World Bank’s Procurement Regulation. Further information can be obtained at the address below during office hours (10.00 a.m. to 6.00 p.m.). Expressions of interest must be delivered in a written form (1 original & 3 copies) to the address below (in person, or registered mail/courier). BIFFL reserves the right to accept or reject any or all of the EOI or annul the EOI process at any stage, at its sole discretion without assigning any reason(s) whatsoever and without incurring any liability to the affected applicant(s).
Association with foreign firms is : Not Encouraged
Eoi Detail Information
Ref No Phasing Of Services Location Start Date Completion Date
1 N/A Bangladesh Infrastructure Finance Fund Limited (BIFFL), Borak Unique Heights (Level-3), 117 Kazi Nazrul Islam Avenue, Eskaton Garden, Dhaka-1217, Bangladesh. " October/2019 March/2022

PROCURING ENTITY DETAILS

Name of Official Inviting EOI : S.M. Formanul Islam
Designation of Official Inviting EOI : Executive Director & CEO
Address of Official Inviting EOI : "Bangladesh Infrastructure Finance Fund Limited (BIFFL), Borak Unique Heights (Level-3), 117 Kazi Nazrul Islam Avenue, Eskaton Garden, Dhaka-1217, Bangladesh.
Contact details of Official Inviting EOI : Phone : +880 963-8124335, Fax : +880 2 9384518, Email :
The procuring entity reserves the right to accept or reject all tenders