Privatization Commission Public Sector Owned Hotels Privatization Consultancy Services Tender
REQUEST FOR PROPOSALS (RFP) – RE-ADVERTISEMENT
RFP NO.: PC/RFP/014/2017-2018
Assignment Title: Consultancy Services on the Privatization of Public Sector Owned Hotels in Kenya
The Privatization Commission is a State Corporation established under Section 3 of the Privatization Act, 2005 to formulate, manage and implement the Privatization Programme.
As part of the implementation of the programme approved by the Cabinet in December 2008, the Commission requires Transaction Advisory services to carry out due diligence work which will involve review of financial statements to highlight key issues, analysis of key ratios e.g. gearing, liquidity, profitability etc., Industry analysis, operational, Legal due diligence and valuation in respect of Sunset Hotel Limited, Golf Hotel Limited, Kenya Safari Lodges and Hotels Limited, Mt. Elgon Lodge Limited, Kabarnet Hotel and the Ark Limited. The Transaction Advisor is also expected to prepare a Restructuring, Option Analysis Report and Transaction Implementation Plan. The work to be undertaken will also include carrying out a detailed analysis of alternative transaction approaches to develop a detailed privatization proposal for the six entities.
Sunset Hotel Limited, Golf Hotel Limited, Kenya Safari Lodges and Hotels Limited, (which owns Mombasa Beach Hotel, Voi Lodge and Ngulia Lodge) Mt. Elgon Lodge Limited, Kabarnet Hotel and the Ark Limited are hotels with over 50 years of experience in hospitality industry. They offer an array of services.
In this connection, the Privatization Commission wishes to hire services of a Consultancy firm to undertake the work.
This advertisement is therefore a request for proposals from all prospective consultants / consortia for the provision of consultancy services for privatization of the Public Sector Owned Hotels in Kenya.
A complete set of RFP document can be obtained from the Privatization Commission offices at Extelcoms House, 11th Floor upon payment of a non-refundable fee of KES 1,000.00 payable to the Privatization Commission or downloaded free of charge from the Commission’s website www.pc.go.ke or www.supplier.treasury.go.ke . Those who download the document should inform the Commission immediately via email.
Complete proposal documents are to be enclosed in plain sealed envelopes marked with the tender reference number and addressed to ED/CEO Privatization Commission and either
- deposited in the Tender Box on 11th Floor, Reception Area, Extelcoms House, Haile Selassie Avenue, Nairobi or
- dropped in the Procurement Office on 11th Floor, Extelcoms House, Haile Selassie Avenue, Nairobi in case of Bulky Documents.
so as to be received on or before Tuesday 10th July 2018 at 10.00am.
The technical proposal will be opened immediately thereafter in the presence of consultants’ representatives who choose to attend at the Main Boardroom on 11th Floor, Extelcoms House. Prices quoted must be inclusive of all applicable taxes and delivery must be in Kenya Shillings and shall remain valid for 120 days from the closing date of the tender.