Contract notice: Financial consultancy services Tender, Greece - 32424557

Procurement Summary

Country : Greece

Summary : Contract notice: Financial consultancy services

Deadline : 05 Jun 2019

Other Information

Notice Type : Tender

TOT Ref.No.: 32424557

Document Ref. No. : 186650-2019

Competition : ICB

Financier : Self Financed

Purchaser Ownership : -

Tender Value : Refer Document

Purchaser's Detail

Purchaser : HELLENIC REPUBLIC ASSET DEVELOPMENT FUND S.A.
Office Name: Hellenic Republic Asset Development Fund S.A.
Address: 1, Kolokotroni Street and Stadiou
Town: Athens
Postal Code: 105 62
Contact Point: Yiannis Zapantis

Phone: +30 2103274400
Fax: +30 2103274449
Greece
Email :info@hraf.gr
URL :http://www.hradf.com

Tender Details

Object of the contract
Financial consultancy services

Description: Contract notice: Financial consultancy services

Authority Type: Other
Contact Nature: Services
Procedure: Open procedure
Document: Contract notice
Regulation: European Union
Award criteria: The most economic tender
CPV code: 66171000, 66171000
CPV Description: Financial consultancy services.

Request for Proposal to Act as a Financial Advisor to the Hellenic Republic Asset Development Fund (HRADF) for the Concession of the Right to Use, Operate, Manage and Exploit the Port of Mykonos

Within the framework of the exploitation of the Port of Mykonos, the HRADF is seeking to employ a specialised and highly experienced Financial Advisor ("Advisor") in order to offer its services and the necessary assistance for the appropriate preparation and execution of the contemplated Transaction.

The assignment will include the following:

A. During the preparatory period, the advisor is required inter alia to:

(i) review any relevant available data, including all existing historical, financial, strategic and operational work done to date relating to the port, any information memoranda, studies, reports, business plans, models and forecasts relating to the development and operation of marinas and more particularly data on infrastructure, investment, maintenance and services offered as well as tariffs applied in marinas within the Eastern Mediterranean Sea;

(ii) review and assess the current status quo and financial situation of the Port of Mykonos;

(iii) in cooperation with the other advisors of HRADF, submit a recommendation to HRADF in respect to the anticipated (new) tender process and the foreseen 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 to be considered by HRADF relating to the transaction. Prepare and present the optimal transaction structure with its key assumption parameters and respective timelines for its execution (the "Recommendation");

(iv) determine the value of the expected future revenues and other economic rights accruing to HRADF from operation of the Port of Mykonos, under the best applicable structure;

(v) develop and regularly update the appropriate financial forecasts and models as well as perform valuation and financial analysis (including sensitivity analysis) required for the implementation of the anticipated transactions, as well as identify the universe of potential investors, explore and evaluate potential interest for the offered asset;

(vi) design, prepare and coordinate, together with HRADF's other professional advisors, all necessary procedures required for the implementation of the tender process and the anticipated transactions such as, indicatively: due diligence process, virtual data room establishment and administration, preparation and coordination of presentations to potential investors and any other action required in relation to the proposed course of action to successfully implement each transaction.

B. During the Implementation Phase, the advisor is expected to assist, in cooperation with any other professional advisors, in the coordination of the transaction process for the Port of Mykonos, from initial preparation to the final negotiation and closing of the Transactions, inter alia:

(i) advise, and assist HRADF to develop the appropriate sell strategy, identify any key potential investor requirements, attract proposals, offers or bids from potential investors, assess any such proposals, offers or bids and advise HRADF on their relative merits;(ii) coordinate and prepare site visits with potential investors to the site;

(iii) work with the other professional advisors of HRADF to prepare any and all customary tender documentation and organise all relevant tender procedures required for the transaction (including but not limited to, invitation for the expression of investors' interest, request for investor proposals and concession agreement);

(iv) assist in collecting necessary Government approvals and/or other approvals from Greek or European Institutions as are deemed necessary in relation to the Transaction;

(v) in conjunction with the other advisors of HRADF, where appropriate, evaluate from a financial/business point of view any proposal or business plan made by any potential purchaser/investor, and submit their written recommendations to HRADF;

(vi) provide to the board of directors of HRADF any required recommendation justifying the proposed course of action in the different steps of implementation of the transaction up to closing;

(vii) assist and advise HRADF in relation to all financial or non-financial steps pertaining to the closing of the transaction and the fulfillment of any conditions precedent thereof.


Internet address (URL): http://www.hradf.com

Documents

 Tender Notice