Request for Proposals to Act as Financial Advisor to the Hellenic Republic Asset Development Fund (‘HRADF’) for the Concession of the Attica Motorway

Hellenic Republic Asset Development Fund S.A.

HRADF is seeking to engage a specialized and highly experienced investment bank or a consortium of financial advisors including an investment bank (the ‘Advisor’), who fully understands the operational, commercial, financial and transactional dynamics and drivers of motorways in Europe and particularly in Greece in order to offer its assistance during the preparation and execution in relation to the concession of the Attica Motorway (the ‘Project’) and the implementation of the respective transaction (the ‘Transaction’).

Προθεσμία

Η προθεσμία παραλαβής των προσφορών ήταν 2020-11-09. Η προμήθεια δημοσιεύθηκε στις 2020-09-25.

Ποιος

• Hellenic Republic Asset Development Fund S.A.

Τι

Πού

• Aττική › Κεντρικός Τομέας Αθηνών

Ιστορικό προμηθειών

Ημερομηνία	Έγγραφο
2020-09-25	Προκήρυξη σύμβασης
2020-10-28	Συμπληρωματικά στοιχεία

Προκήρυξη σύμβασης (2020-09-25)
Αντικείμενο
Πεδίο εφαρμογής της προμήθειας
Τίτλος: Υπηρεσίες παροχής οικονομικών συμβουλών
Σύντομη περιγραφή:

Μεταδεδομένα προκήρυξης
Πρωτότυπη γλώσσα: Αγγλικά 🗣️
Τύπος εγγράφου: Προκήρυξη σύμβασης
Φύση της σύμβασης: Υπηρεσίες
Κανονισμός: Ευρωπαϊκή Ένωση
Κοινό λεξιλόγιο για δημόσιες συμβάσεις (CPV)
Κωδικός: Υπηρεσίες παροχής οικονομικών συμβουλών 📦
Συμπληρωματικός κωδικός CPV: Επενδυτικές τραπεζικές και συναφείς υπηρεσίες 📦
Τόπος εκτέλεσης
Περιφέρεια NUTS: Aττική 🏙️

Διαδικασία
Τύπος διαδικασίας: Ανοικτή διαδικασία
Τύπος προσφοράς: Υποβολή για όλα τα τμήματα
Κριτήρια απονομής
Η πλέον συμφέρουσα οικονομικώς προσφορά

Αναθέτουσα αρχή
Ταυτότητα
Χώρα: Ελλάδα 🇬🇷
Τύπος αναθέτουσας αρχής: Άλλη
Όνομα αναθέτουσας αρχής: Hellenic Republic Asset Development Fund S.A.
Ταχυδρομική διεύθυνση: 1, Kolokotroni Street and Stadiou
Ταχυδρομικός κώδικας: 105 62
Ταχυδρομική πόλη: Athens
Επικοινωνία
Διεύθυνση διαδικτύου: http://www.hradf.com 🌏
E-mail: tender@hraf.gr 📧
Τηλέφωνο: +30 2103274400 📞
Φαξ: +30 2103274449 📠
URL εγγράφων: http://www.hradf.com 🌏

Αναφορά
Ημερομηνίες
Ημερομηνία αποστολής: 2020-09-25 📅
Προθεσμία υποβολής: 2020-11-09 📅
Ημερομηνία δημοσίευσης: 2020-09-30 📅
Αναγνωριστικά
Αριθμός προκήρυξης: 2020/S 190-459046
Τεύχος ΕΕ-S: 190
Πρόσθετες πληροφορίες

The award of the assignment is subject to the conclusion of a written contract. The expressions of interest to be submitted and this invitation as well as the Advisor’s engagement letter for the assignment are governed by the laws of Greece; Any dispute arising under or out of or in connection with the latter shall be subject to the exclusive jurisdiction of the courts of Athens, Greece.

Αντικείμενο
Πεδίο εφαρμογής της προμήθειας
Σύντομη περιγραφή:

Within the context of the assignment, the Advisor shall provide, inter alia, the following services (the ‘Services’):

A. During the preparatory phase:

(a) review any relevant available data including all existing historical financial, strategic and operational work done to date relating to the Motorway;

(b) determine the value of future toll revenues and other economic rights accruing from the operation of the Motorway;

(d) develop and update the appropriate financial forecasts and models as well as perform valuation and financial analysis (including sensitivity analysis);

(e) identify the universe of potential investors;

(f) design, prepare and coordinate all necessary procedures required for the implementation of the tender and the Transaction (eg VDD, VDR);

(g) liaise and/or negotiate with the Greek State to define any possible extensions of the Motorway as well as the optimal interface arrangements with such extensions;

(h) liaise with relevant regulatory bodies and assist in examining the financial implications of any possible competition and state-aid issues;

(i) advise on all aspects that increase the ability of the transaction to raise debt and maximise competitive tension among prospective lenders;

(j) upon request, advise HRADF on any aspects relating to the provision of a Staple Finance pakage, including inter alia, relevant structuring and negotiations resulting, if required, to the development of a staple finance term-sheet available to all prequalified investors (as per the terms of HRADF tender for the implementation of the project). In the event that the Advisor or (in case the Advisor is a consortium) one or more members of the Advisor underwrites the staple finance term-sheet (covering the debt amount offered with own funds), it shall be granted a right to match for a debt amount equal to the smaller of:

(a) 40 % of the total debt of the preferred bidder for the funding of the transaction; and

(b) 40 % of the stapled debt committed by the Advisor or (in the case of a consortium) by that member or members that commit stapled debt, under the staple finance term sheet, if the Advisor’s staple finance package is not selected by the preferred bidder, to whom the Motorway concession contract is awarded (assuming the preferred bidder has gained access to the terms of the stapled debt through an NDA).

The Advisor and (in case of a consortium) all members of the Advisor will not be allowed to provide any other form of debt or debt security (including equity linked or other) to any of the potential investors, unless specifically allowed by HRADF;

(k) submit an overall recommendation to HRADF in respect to the transaction, which will include a set of options and the Advisors’ recommendation from a strategic, business, financial and operational point of view, in relation to the proposed course of action relating to the transaction (the ‘Recommendation’).

B. During the implementation phase:

(a) assist in the co-ordination of the transaction process;

(b) advise and assist HRADF to develop the appropriate sell story, identify any key potential investor requirements, attract proposals, offers or bids from potential investors, assess them and advise HRADF on their relative merits;

(c) evaluate from a financial/business point of view any proposal made by any potential purchaser/investor, and submit their written recommendations to HRADF;

(d) prepare any and all customary documentation and organize all relevant procedures required for the transaction;

(e) prepare and conduct and perform all other customary services for the successful consummation of the transaction;

(f) assist and advise HRADF in relation to the closing of the transaction;

(g) provide to the BoD of HRADF any required presentations and recommendations justifying the proposed course of action in the different steps of implementation of the transaction up to closing.

Εκτιμώμενη αξία χωρίς ΦΠΑ: 800 000 EUR 💰
Διάρκεια: 48 μήνες
Περιγραφή των ανανεώσεων:

HRADF reserves the right to renew and/or extend the engagement with the Advisor in order to include complementary services, which may be required and cannot be identified today, but they shall prove either to be inseparable from the original engagement or because they are absolutely necessary for the completion of the project, in accordance with HRADF's Procurement Regulation (GG 476/B’/2014).

Πρόσθετες πληροφορίες:

The award of the assignment is subject to the conclusion of a written contract.

The expressions of interest to be submitted and this invitation as well as the Advisor’s engagement letter for the assignment are governed by the laws of Greece; Any dispute arising under or out of or in connection with the latter shall be subject to the exclusive jurisdiction of the courts of Athens, Greece.

Νομικές, οικονομικές, χρηματοπιστωτικές και τεχνικές πληροφορίες
Εκτέλεση της σύμβασης
Όροι εκτέλεσης της σύμβασης:

The contract (or engagement letter) to be signed with the Advisor shall include, at least, the terms as stated in the request for proposals.

Διαδικασία
Νομική βάση: 32014L0024
Ώρα παραλαβής προσφορών: 17:00
Γλώσσες στις οποίες μπορούν να υποβληθούν οι προσφορές ή οι αιτήσεις συμμετοχής: Ελληνικά 🗣️
Αγγλικά 🗣️
Ημερομηνία αποσφράγισης προσφορών: 2020-11-11 📅
Ώρα αποσφράγισης προσφορών: 12:00

Αναθέτουσα αρχή
Ταυτότητα
Άλλος τύπος αναθέτουσας αρχής: ‘Societe Anonyme’ with sole shareholder the Hellenic Corporation of Assets and Participations S.A. (HCAP) which has as sole shareholder the Hellenic Republic
Επικοινωνία
Πρόσωπο επικοινωνίας: Chryssoula Rallia
Διεύθυνση του προφίλ αγοραστή: www.hradf.com 🌏
URL εγγράφων: www.hradf.com 🌏
URL εγγράφων: www.hradf.com 🌏

Συμπληρωματικές πληροφορίες
Σώμα αναθεώρησης
Όνομα: Hellenic Republic Asset Development Fund S.A. — BoD
Ταχυδρομική διεύθυνση: 1 Kolokotroni and Stadiou Str.
Ταχυδρομική πόλη: Athens
Ταχυδρομικός κώδικας: 10562
Χώρα: Ελλάδα 🇬🇷
Τηλέφωνο: +30 2103274400 📞
E-mail: info@hraf.gr 📧
Φαξ: +30 2103274448 📠
Διεύθυνση διαδικτύου: www.hradf.com 🌏
Υπηρεσία από την οποία μπορούν να ληφθούν πληροφορίες σχετικά με τη διαδικασία επανεξέτασης
Όνομα: Hellenic Republic Asset Development Fund S.A.
Πηγή: OJS 2020/S 190-459046 (2020-09-25)

Συμπληρωματικά στοιχεία (2020-10-28)
Αντικείμενο
Μεταδεδομένα προκήρυξης
Τύπος εγγράφου: Συμπληρωματικά στοιχεία

Αναφορά
Ημερομηνίες
Ημερομηνία αποστολής: 2020-10-28 📅
Προθεσμία υποβολής: 2020-12-04 📅
Ημερομηνία δημοσίευσης: 2020-11-02 📅
Αναγνωριστικά
Αριθμός προκήρυξης: 2020/S 213-522537
Αναφέρεται στην προκήρυξη: 2020/S 190-459046
Τεύχος ΕΕ-S: 213
Πρόσθετες πληροφορίες

1) Subparagraph a. ‘Liability’ of paragraph 5.10. of the request for proposals is replaced as stated herein below: (a) Liability Except in cases of force majeure, the Advisor shall compensate HRADF for any damage sustained by it as a result of the implementation of the contract or because the assignment was not implemented in full compliance with the contract. The advisor shall be, without any limitation, liable for any fault, whether by intent or negligence of any kind, in connection with or arising out of the contract or any addition or variation thereto. The advisor does not acquire towards HRADF’s officers, agents and/or employees and/or advisors, any right or claim for compensation, or indemnification, or other, for any reason or cause related to the contract. In case of a consortium, all members of the consortium shall be liable jointly and severally and without any limitation under the contract. 2) The remaining terms of the request for proposals remain in full force and effect without any alterations. 3) Capitalised terms in this document shall have the meaning ascribed thereto in the Request for Proposals, unless the context requires otherwise. The full text of this document as well as of the request for proposals are available on the official website of HRADF: www.hradf.com.

Πηγή: OJS 2020/S 213-522537 (2020-10-28)

Νέες προμήθειες σε συναφείς κατηγορίες 🆕

Χρηματοπιστωτικές και ασφαλιστικές υπηρεσίες (4 νέες προμήθειες)

Τραπεζικές και επενδυτικές υπηρεσίες (2)

Υπηρεσίες παροχής οικονομικών συμβουλών, επεξεργασίας χρηματοπιστωτικών συναλλαγών και γραφείων συμψηφισμού

Υπηρεσίες παροχής οικονομικών συμβουλών