Procurement Summary
Country: Netherlands
Summary: In the regulated industries mentioned above ACM has a role in tariff setting. For this, ACM needs to determine the reasonable return to set tariffs for incumbents in regulated markets, like the tele...
Deadline: 29 May 2017
Posting Date: 13 Apr 2017
Other Information
Notice Type: Tender
TOT Ref.No.: 12427212
Document Ref. No.:
Competition: ICB
Financier: Self Financed
Purchaser Ownership: -
Tender Value: Refer Document
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Description:In the regulated industries mentioned above ACM has a role in tariff setting. For this, ACM needs to determine the reasonable return to set tariffs for incumbents in regulated markets, like the telecommunication market, electricity market, gas market, pilot market et cetera. ACM sets this reasonable return by calculating the Weighted Average Cost of Capital (WACC). Since the WACC is a very complex and financial and business specific matter, ACM regularly needs advice to determine (parameters of) the WACC.
The Contracting Authority wants to concludea Framework agreement with three tenderers that have submitted the most advantageous tender (offer) based on the best price-quality ratio. The future contractors, as well as the services to be performed by these contractors, must fulfil the terms and conditions to be set by the Contracting Authority which are specified in this tender document.
Using a framework agreement, the Contracting Authority intends to attract advice of high-quality experts who can support the ACM in determining the WACC. By using a Framework agreement it is possible for ACM to contract the Specific assignments at short notice and to specify the exact scope of the Specific assignment at the moment that advice is needed.
In order to obtain a Specific agreement, the future contractors will participate in so called "mini competitions" the ACM will organize under the Framework agreement at the moment ACM needs a specific advice. ACM foresees different assignments with varying dimensions and scope. Some examples of assignments are:
• Calculate the WACC for Dutch water distribution firms.• Calculate the specific risk for KPN s Fiber to the Home (FttH) activities.
• Determine the peer group for the Dutch pilots.
• Determine the peer group for Dutch Caribbean energy and water companies.
• Calculate the WACC or the betafor a company which is subject of an abuse investigation (p.e. of using excessive prices)
• Give an advice on the reference period used to calculate the risk-free rate.
• Give an advice on the Equity Risk Premium based on Dividend Growth Models.• Give an advice on the ACM WACC method.
These Specific assignments can relate to different markets, in particular the markets ACM regulates:
• Telecommunication
• Postal services
• Rail
• Airports
• Pilots
• Electricity
...
Documents
Tender Notice