Procurement Summary
Country : USA
Summary : Hiring of A Legal Consultant For A Renewable Energy Project
Deadline : 16 Sep 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 106065676
Document Ref. No. : 0002010484
Competition : ICB
Financier : International Finance Corporation (IFC)
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Request for proposals are invited for Hiring of A Legal Consultant For A Renewable Energy Project - Republic of Belize
Description: To achieve its Nationally Determined Contributions (NDC) by 2030, the Government of Belize (GoB) seeks to expand its solar PV energy production capacity. To this end, the GoB has approached IFC's
PPP Transaction Advisory team (CTA) to serve as a transaction advisor to the
Ministry of Finance (MoF or the "Client") in identifying a private
sector operator to develop, construct, and operate grid-connected solar PV
installations on an Independent Power Producer (IPP) basis (the “Project”). The
Project's total expected installed capacity, currently envisioned to be in the
range of 30-50MW spread across up to two sites, will be determined at the
conclusion of the due diligence phase.IFC will assist the
Client in structuring and implementing the Project in a manner that achieves
the objectives of the Client, provides for a fair and transparent selection
process, and brings the greatest economic and social benefits possible to the
Project. The Project will be
divided into two phases. It is envisaged that:Phase I: Diagnostic
& Transaction Structuring will take approximately 6 months, from the date
that the complete advisory team would have been mobilized. Phase II: Transaction
Implementation is expected to take approximately 6 months to complete, from the
time the Client notifies IFC of the strategic decisions taken at the end of
Phase I. This phase will end with the satisfactory legal and commercial closing
of the Transaction.IFC
Advisory will appoint an international law firm (the “Consultant” or the
“Contractor”) to provide legal support in relation to the Project and to
undertake the scope of work detailed in the terms of reference (“ToRs”) below.
The Consultant will select, subcontract and supervise a Belizean law firm (the
“Subconsultant” or the “Subcontractor”) to support it in the performance of its
scope of work in relation to any Belize-specific legal issues. The Consultant
will oversee the work-product of the Subconsultant to ensure quality and will
be responsible for managing the timing and manner of input from the
Subconsultant. References to the Consultant will include the Subconsultant,
unless the context otherwise requires.
The Consultant will be part of the IFC Advisory-s transaction team and will work
under IFC Advisory coordination in collaboration with other IFC-hired
consultants for the Project.
Documents
Tender Notice