Investors Tenders

The bid notice states that assessment is based on audited annual financial statements and key financial ratios, with points awarded for financial ratios above industry benchmarks (10 points), meeting industry benchmarks (8 points), and marginal financial performance (5 points). Marginal financial performance is defined as at least 80% of the industry benchmark. Financial position considered unsustainable receives 0 points. The bid notice also mentions that during later phases, the ECDC intends to give preference to collaborations of investors who take on development partners using fair and transparent principles and that are engaged in long-term agreements which could sufficiently mentor and uplift the skills of the development partner such that they could be considered as a lead investor in future proposals.

The bid notice states that mandatory supporting documents include proof of funding raised, loan agreements or bond facilities, and in-principle funding letters. Financial health and sustainability are assessed based on audited annual financial statements and key financial ratios. It is also a requirement that entities that conduct business with government entities should be compliant in the following manner: be registered on CSD prior award and be tax compliant prior award.

The bid notice states that the evaluation criteria include company experience, expertise, and financial capacity. Evaluation criteriano requirement minimum requirements means of verification1. company experience service level agreement similar project successfully minimum of 1 similar sla memorandum of completed in public private project successfully understanding mou sector in projects relating to completed in public memorandum of property development. private sector in projects agreement moa relating to property appointment letter development accompanied by reference letter consisting of names and contact details portfolio of evidence of completed similar property development project consisting of photographic evidence, certificate of occupancy and any other relevant evidence. 2. expertise project team organizational structure showing team members. project team organisational structure valid certified id copies of denoting the team all team members members and their key copies of certified organisational structure denoting qualifications of all the the team members and their key experience and role on members on the experience and role on the project. organizational structure. the project. detailed cvs of every team member. 3. financial capacity confirmation of audited financial confirmation of availability of funds availability of funds for statements for 3 financial for financing the proposed financing the proposed years. development both own funding development both own signed confirmation of and financier. funding and financier. availability of funding from financiers for financing of the proposed developmentor bank confirmation for own funding. confirmation of availability of funds from financial institution. 4. methodology detailed methodology detailed methodology indicating how the project detailed methodology indicating indicating how the will be undertaken. the the project will be undertaken. project will be methodology statement the methodology must include a undertaken. the must include a concise concise and clear cost and time methodology must and clear cost and time breakdown of the implementation of include a concise and breakdown of the project. clear cost and time implementation of the project. methodology must be expressed in breakdown of the project. methodology must project phases. implementation of the be expressed in project project. phases. methodology must be expressed in project phases.

The bid notice states that bidders must include a detailed work plan in their technical proposal. Bidders must include a detailed work plan in their technical proposal supporting the methodology to be applied, reflecting the activities to be undertaken and the estimated duration for each activity.