IFC InfraVentures (InfraV) the IFC Global Infrastructure Project Development Fund was created to provide early-stage risk capital to help untangle hurdles associated to the design and early development of infrastructure projects in IDA countries, helping them achieve a stage where they can access international and multilateral financing. By partially providing funding for development costs, InfraV provides expertise in critical areas such as: (i) helping to create bankable project agreements; (ii) providing input on key technical studies and the offtake agreement; (iii) helping to negotiate key project agreements such as the power purchase, project development (concession) and EPC agreements; and (iv) guiding the consortium on completing Environmental and Social Impact Assessments compliant with good international practices such as those described in IFC Performance Standards, including timely and meaningful outreach and stakeholder engagement and consultation programs, adequate environmental and social pre-project baseline determination.
IFC PPPs involves IFC’s advice in public-private partnerships to help national and municipal governments partner with the private sector to improve basic infrastructure and services, namely power, transportation and sanitation (e.g. hydropower, ports, roads, electric transmission and distribution, wastewater collection and treatment) or education, hospitality , and healthcare, among others. IFC typically plays the role of lead advisor in PPP transactions, working closely with the government, managing external consultants, and applying the same standards it applies to its own pipeline and portfolio. Advisory services fees are structured to suit client needs, keeping up-front payments low and emphasizing a closing feeusually paid by the private partner.
Objectives and Purpose of the Assignment:
IFC is seeking an International Environmental and Social Advisory consulting firm (the Consulting Firm), to support the environmental and social (E&S) aspects of both, InfraV and PPPs. The work will aim at assuring that the underlying InfraV and PPPs projects are respectively being structured, design and/or developed in compliance or in a manner consistent with the IFC Performance Standards.
The Consulting Firm (s) will provide E&S project-specific support, including technical assistance and detailed guidance on how to achieve compliance with good international practices or specific aspects of the Performance Standards.
The IFC will enter into a Memo of Understanding (MOU) with the Consulting Firm(s), to support individual InfraV and PPPs projects upon request and on-a-need basis. IFC will select several Consulting Firms based on area of focus/expertise as well as language and geographical distribution.
See full tender here: # 1196180 Environmental and Social Advisory Consulting Firm for InfraV and PPPs
Expression of Interest Deadline: 20-Aug-2015 at 11:59:59 PM (EST)
eConsultant2 website: https://wbgeconsult2.worldbank.org
Tender notification: # 1192087
Assignment Countries:
- No countries assigned