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The Ministry has published an invitation for Expressions of Interest for the project. Responses must be delivered by 17 March 2017. The RFEOI notes that an interested concessionaire/investor has already submitted an unsolicited proposal and detailed pre-investment study for the project, thus it will be procured using a Swiss Challenge procurement method. This requires that if the original project proponent is not the most responsive bid, it will be given the right of first refusal to match the most responsive bid and win the concession. However, if it is unable or unwilling to match the most responsive bid, the most responsive bidder would become the preferred concessionaire/investor
CPCS has been appointed the transaction adviser for the project
January 24, 2017
Halcrow Infrastructure consortium appointed as transaction advisers
January 23, 2017
Lagos State tenders water PPP
The Lagos State Government, Nigeria, through Lagos Water Corporation (LWC) has launched a Request for Expressions of Interest (RFEOI) for the “Water Distribution Network, metering and Opera...
Outline Business Certificate (OBC) certificate approved by Federal Executive Council (FEC), allowing project to begin procurement
January 10, 2017
The Infrastructure Concession Regulatory Commission, a Nigerian government agency, has issued a compliance certificate for the Outline Business Case for the project
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