HELLENIC REPUBLIC ASSET DEVELOPMENT FUND has floated a tender for Independent Valuers. The project location is Greece and the tender is closing on 03 Dec 2018. The tender notice number is , while the TOT Ref Number is 27652527. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Greece

Summary : Independent Valuers

Deadline : 03 Dec 2018

Other Information

Notice Type : Tender

TOT Ref.No.: 27652527

Document Ref. No. :

Competition : ICB

Financier : Other Funding Agencies

Purchaser Ownership : -

Tender Value : Refer Document

Purchaser's Detail

Purchaser : HELLENIC REPUBLIC ASSET DEVELOPMENT FUND
1 Kolokotroni & Stadiou Str, 105 62 | Athens Attn: Mr. Yiannis Zapantis Tel +30 210 3274400 FAX +30 210 3274448-9
Greece
Email :info@hraf.gr
URL :www.hradf.com

Tender Details

Expression of Interest are invited for Independent Valuers to the Hellenic Republic Asset Development Fund.

1. INTRODUCTION
Pursuant to:

i. the provisions of the single article of Law 3985/2011 “Medium Term Fiscal Strategy 2012-2015” (Government Gazette ??/151/2011), which approved the Medium Term Fiscal Strategy 2012- 2015 and the “Privatisation Programme 2011-2015” (Chapter ??, Part ?? “Privatisations”);


ii. the provisions of Law 3986/2011 on “Emergency Implementation Measures for the MediumTerm Fiscal Strategy Framework 2012-2015” (Government Gazette ?-/151/2011), on the basis of which the Hellenic Republic Asset Development Fund SA (“HRADF” or “Fund”) was established with the sole object of developing assets of the Hellenic Republic, which are included in the Privatisation Programme;

iii. the provisions of Law 4046/2012 (Government Gazette ??/28/2012) “Approval of the Draft Agreements for Financial Assistance Facility between the EFSF, the Hellenic Republic and the Bank of Greece, of the Memorandum of Understanding between the Hellenic Republic, the European Commission and the Bank of Greece and other provisions for the reduction of the public debt and the salvage of the national economy” which updated the Privatisation Programme included in Annex IV;


iv. the provisions of paragraph 4.4 (Structural Policies for the enhancement of competitiveness and development - Privatisation) of Law 4336/2015 (Government Gazette ??/94/2015) “Ratification of the draft agreement for the Financial Support from the European Stability Mechanism and provisions for the implementation of the Financing Agreement”;

v. the provisions of Decision No. 218/13.08.2012 of the ICARP (Government Gazette 2322/B-/13.08.2013), as amended by its decision No. 237/05.07.2013 (Government Gazette 1668/B-/05.07.2013), according to which the Hellenic Republic transferred to HRADF the right to grant concessions to third parties of the right to use, operate, manage and exploit the movable and/or fixed assets within the upland area and/or the sea area of 23 regional ports and marinas, including the tourist port/marina of Alimos;

vi. the provisions of the updated Asset Development Plan of the HRADF, as decided by the Board of Directors of the HRADF on December 20th 2017 and endorsed by means of a relevant decision by the Government-s Council for Economic Affairs and Policy on January 15th 2018;

vii. the provisions of the Procurement Regulation of the HRADF (hereinafter referred to as the “Procurement Regulation”) as recently amended and codified by the Decision No 2/16128/0025 of the Minister of Finance (Government Gazette B-/476/2014), namely articles 2.1, 2.3, 2.5, and 2.6; the Privatisation Programme of the Hellenic Republic, as it currently stands, foresees, inter, alia, the exploitation of the tourist port/marina of Alimos (the “Transaction”) by means of granting concessions to third parties of the right to use, operate, manage and exploit the movable and/or fixed assets within the upland area and/or the sea area of tourist port/marina of Alimos ( the “Right”).

On 16.11.2016 HRADF has launched a public international tender for the concession of the Right. The relevant Invitation for submission of an Expression of Interest is available at the website of HRADF: www.hradf.com.

On May 16th 2018 eight (8) investment schemes were prequalified to participate in the second
phase of the tender (the “Prequalified Investors”). HRADF is currently running the second and
final phase leading to the submission of Binding Offers scheduled for December 3rd 2018.
SCOPE OF WORK
According to Article 6.2 of Law 3986/2011, as currently in force, an independent valuation of an
asset must be concluded and made available to the Board of Directors of HRADF, prior to its
privatization. Regarding the Transaction, HRADF has decided to perform two independent
valuations for the Right.
In this context, HRADF considers hereby the appointment of two (2) specialised firms
(“Independent Valuers”) to perform two (2) separate independent valuation studies of the value
of the Right.

Documents

 Tender Notice