CONSULTANT SERVICES FOR ASSET & BUSINESS VALUATION OF FIRMS
Source: World Bank — Ethiopia - Private Sector Development Capacity Building Project
REQUEST FOR EXPRESSIONS OF INTEREST
(CONSULTANT SERVICES FOR ASSET & BUSINESS VALUATION OF FIRMS)
Country: Ethiopia
Project: Private Sector Development Capacity Building Project
Sector: Private Sector
Service: Consultancy service
Credit No.: 4027 ET
Project ID No.: P050272
Contract No.: PPESA-016
Back ground and Objectives
The Government of the Federal Democratic Republic of Ethiopia (GoE) has received financing from the World Bank toward the cost of the Private Sector Development Capacity Building Project (PSD CBP), which is designed to facilitate increased growth and competitiveness of the private sector. One of the components of the PSD CBP is designed to "Accelerate the Ethiopian Privatization Program" and is being implemented by the Privatization and Public Enterprises Supervising Agency (PPESA) under the Ministry of Industry.
PPESA, as the implementing agency of this component, intends to applypart of the proceeds for outsourcing the business and asset valuationof six State Owned Enterprises (SOEs), grouped under the following three lots under its portfolio to capable and competent consulting firmsaimed at obtaining reliable estimate of the future earning potential of the SOEs and therewith improving the negotiating capacity of the GoE in their divestiture:
Lot I: Hotels :- (2SOEs) Asset and Business Valuation
Lot II: Mining - (2SOEs) Asset and Business Valuation
Lot III: Others- (2SOEs) Asset Valuation
The Privatization and Public Enterprises Supervising Agency (PPESA) now invites eligible consultants to indicate their interest in providing the services. Interested consultants must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.). Consultants may associate to enhance their qualifications.
A consultant will be selected in accordance with the procedures set out in the World Bank's Guidelines: Selection and Employment of Consultants by World Bank Borrowers, January, 2011.
Interested consultants may obtain further information at the address below from 8:30 am to 5:30 pm.
Expressions of interest must be delivered to the address below by October 5, 2011.
Privatization and Public Enterprises Supervising Agency
P.O.Box: 11835
Addis Ababa/Ethiopia
Email: spesa@ethionet.et
Bole Road, Ethiopian Investment Agency Building, 5th Floor, Room No. 517
Only short-listed consultants will be invited for proposals.
Note: - The consultants can apply for complete set of one or more lots. Partial bids within a lot shall be treated as non-responsive and shall be rejected
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