The United Nations Development Programme is seeking applications for Preparation of Technical Guidelines and Manual for municipalities to develop bankable projects to be financed by Town Development Fund.
The Town Development Fund (TDF), the sole financial intermediary, which offers financial resources as loan and grant, depending upon availability of fund, for financing the urban infrastructure projects of sub-national governments. The client can be different tiers of governments as well as private sector organizations or SPVs (PPPs).
The objective of this consultancy is to prepare a unified, standard and harmonized technical guidelines and training manual, including technical, economic and financial, environmental, social, DRR, legal and institutional aspects, for identifying, assessing, analysing, appraising and prioritizing sub-national investment projects to be financed by TDF.
- The specific objectives include:
- Development of integrated technical guideline and procedures, including technical, economic and financial, environmental, social, DRR, legal and institutional aspects, for bankable project development (selection and prioritization) and technical and financial appraisal, of projects in different sectors
- Devise appropriate methods, tools and techniques of technical, financial, economic, environmental, social, DRR, legal and institutional appraisal and analysis of the identified projects
- Design training manual for the municipalities to develop bankable project to access TDF financing.
Scope of Work
- The scope of work to develop the guideline for subnational government to prepare pipeline of investible projects includes, but not limited to:
- Review and analyse existing policies and best practices in country, including PPP act and regulations, as well as international good practices on bankable project development
- Review existing business process of TDF, current practices, documents and reports on project identification, appraisal and selection and prioritization.
- Review and suggest improvements in the existing methodology for risk analysis, technical, environmental, social, financial and economic, legal and institutional analysis
- Review sector strategies, policies, outcomes/outputs of periodic and medium-term expenditure frameworks and urban integrated development plans, annual national and municipal plan
- On the basis of reviews mentioned, design a detail sequential business processes of project identification, appraisal, selection and prioritization in consultation also with selected municipalities.
- Develop and integrate criteria for assessing bankability of the projects in the process for project preparation
- Prepare training manual for municipalities to develop bankable projects
- Define and set the transparent processes for project identification, appraisal, and selection and prioritization for capital investment projects against clearly defined standard criteria
- Design and develop standard criteria and templates for development of project concept note, pre-feasibility study and feasibility study and DPRs.
Duration: Up to 100 days over a period of 4 months
Approach and Methodology
- From identification to implementation of the infrastructure projects at local level requires careful planning both at design and execution stage. Infrastructure projects at local level is included in the annual and long-term plans of sub-national governments.
- However, a number of those projects are not assessed on their bankability or potential partnership with private sector. The capacity of municipalities to conceive projects that are bankable requires significant work that need to be done by professionals such as engineers, architects, planners, experts on finance, environment etc.
- There is no standard approach to bankable project development. The needs and context at local level are different, therefore infrastructure planning efforts vary greatly in scope and scale and depend on specific contexts. However, there is significant opportunities for municipalities to share and learn from good practices and approaches taken to build project pipelines.
- The information and stories behind the bankable projects need to be documented well in order to share the ideas to larger municipalities. Therefore, the guideline preparation will take generic approach as resource book to help municipalities identify and prepare bankable projects.
- The preparation process will be participatory in consultation with stakeholders such as National Planning Commissions (NPC) at centre and at province, Ministry of Urban Development (MoUD), Federation of Nepalese Chambers of Commerce & Industry (FNCCI) and Confederation of Nepalese Industries (CNI), Provincial and local governments etc.
- Strong analytical and writing skills and track record in producing relevant reports and other communications and knowledge materials in Nepali in particular, and English
- Strong communication and interpersonal skills and experience in organizing and facilitating consultations, field visits, and workshops
- Sensitivity to diverse opinions and difficulties arising from differing social and cultural perceptions Language requirements
- Fluency in Nepali and English is required.
- The estimated duration of contract is to cover for the period of 5 months. (Lump Sum payment based on deliverables). Travel cost will be reimbursable based on actual cost upon presentation and submission of receipts, the consultant is expected to own and use his/her own equipment during and after the assignment.
- At least 8 years of professional experience in the fields of project finance,
- Experience and in-dept knowledge of the Government System in Nepal.
- Work experience in Nepal, particularly associated with project finance, pipeline development/ investments
- Experienced in corporate finance, investment and tax law in Nepal.
- Experience in project financial structuring including PPPs
For more information, visit https://procurement-notices.undp.org/view_notice.cfm?notice_id=95686