The Infrastructure Development Authority (IDA) has launched a request for proposal (RFP) for the appointment of a transaction advisor for PPP projects in Bihar.

IDA has been established by the Government of Bihar to, among others, attract private sector participation in infrastructure projects of the state through PPP mode.

Transaction Advisor will provide the following services:

• Interaction with the market or conduct of formal market surveys and studies the feasibility of project with Public Private Partnership (PPP) potential to confirm decisions on scope, timing and packaging of the transactions leading to successful completion of the projects.
• Preparation of comprehensive bid documents including but not limited to the Expression of Interest / Request for Qualification and the Contract for Services including drafting, vetting, finalizing documents and Agreements etc.
• Support to communication with the market and interaction with the market, including managing and responding to requests for clarification.
• Monitoring and advice on tendered performance against any conditions in tender and to ensure prior information against any financial loss likely to be caused to the authority.
• Management of other advisory inputs and overall management of the transaction team, to ensure a successful conclusion

The skills and experience required are among others: financial analysis, with relevant PPP and project finance experience, PPP procurement and structuring, relevant experience in the drafting PPP or corporate finance or similar agreements and contract documentation for PPP projects.

The services will be required to be provided for a period of 2 years. The period can be further extended up to another 6 months based on mutual agreement.

A pre-bid meeting shall be held at the conference hall of IDA on 18.04.2016. Interested parties must submit their proposals on or before May 10, 2015.

See RFP:

http://idabihar.com/datafiles/upload/RFP.pdf