Technical Design and Feasibility Assessment Tender - 51019961

Procurement Summary

Country: Jamaica

Summary: Technical Design and Feasibility Assessment of E-Mobility Fund Consultancy

Deadline: 02 Apr 2021

Posting Date: 09 Mar 2021

Other Information

Notice Type: Tender

TOT Ref.No.: 51019961

Document Ref. No.: JA-T1179-007

Competition: ICB

Financier: INTER-AMERICAN DEVELOPMENT BANK (IDB)

Purchaser Ownership: -

Tender Value: Refer Document

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Tender Details

Expression of Interest are invited for Technical Design and Feasibility Assessment of E-Mobility Fund Consultancy.
REQUEST FOR EXPRESSIONS OF INTEREST
CONSULTING SERVICES
Selection #: JA-T1179-007
Selection Method: Quality & Cost Based Selection
Country: Jamaica
Sector: Energy
Funding - TC #: ATN/ME-17740-JA
Project #: JA-T1179
TC name: Building a Sustainable Electric Mobility Ecosystem for Inclusion and Access
Description of Services: Technical Design and Feasibility Assessment of E-Mobility Fund Consultancy The JPS Foundation has entered into a Technical Cooperation Agreement with the Inter-American Development Bank to execute the project as mentioned above. The JPS Foundation intends to apply part of the proceeds of this financing to payments under the Contract for the Procurement of Consulting Services for the Technical Design and Feasibility Assessment of E-Mobility Fund by April 2, 2021, 5:00 PM (GMT5)
The consulting services ("the Services") include: i) preparation of an inception report, ii) conducting a feasibility assessment for the

design of an E-Mobility fund, and iii) propose a Technical- Design for the EMobility Fund. The services are expected to be

completed by March 31, 2022.

Eligible consulting firms will be selected in accordance with the JPS Policy and Procedure of Procurement Management dated

December 13, 2013. If the Consulting firm is presented in a Consortium, it will designate one of them as a representative, and the

latter will be responsible for the communications and for submitting the corresponding documents.

The JPS Foundation now invites eligible consulting firms to indicate their interest in providing the services described below in the

intended draft Terms of Reference. Interested consulting firms must provide information establishing that they are qualified to

perform the Services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate

skills among staff, etc.). Eligible consulting firms may associate in a joint venture or a sub-consultancy agreement to enhance their

qualifications. Such association or Joint Venture shall appoint one of the firms as the representative.

Interested eligible consulting firms may obtain further information during office hours, 09:00 AM to 05:00 PM, (GMT-5) by sending

an email to the Procurement Specialist [email protected].

Draft Terms of Reference

Technical Design and Feasibility Assessment of E-Mobility Fund in Jamaica Consultancy

Background

1. Over the past decade, Jamaica has made significant progress in diversifying its energy matrix to reach its National Determined

Contributions (NDC) on greenhouse gas (GHG) emissions. However, the country needs to act quickly to stem the growing

demand for fossil fuels from the transport sector. New and used internal combustion engine (ICE) vehicle purchases contribute

significantly to the increasing demand for fossil fuels in Jamaica. Transport is one of the most pollutant sectors providing more

than a quarter of GHG emissions. Replacing ICE vehicles with electric vehicles (EV) creates a path to decarbonize the

transport sector and is, therefore, one of the best behavioural and consumer changes to reduce CO2 emissions and fight

climate change.

2. The development of an electric mobility ecosystem creates a path to decarbonize transport. Still, it requires coordinated

actions and investment by stakeholders in public and private sectors to overcome several obstacles. These obstacles include:

(i) no regulatory framework to support the development of the ecosystem; therefore, importers of ICE vehicles have no incentive

to change to EVs; (ii) basic infrastructure required for the development of the EV ecosystem is missing; (iii) up-front cost of

Battery Electric Vehicle (BEV) ownership is still high relative to ICE vehicles; and (iv) unprepared labour force to take advantage

of the new employment and business opportunities that will emerge from a new industry. Further, as more developed markets

continue to implement stricter emissions controls and major manufacturers shift production towards BEVs, Jamaica stands to

become a dumping ground for dated and inefficient ICE vehicles.

3. The project aims to create the enabling environment for a sustainable electric mobility ecosystem, with an emphasis on

creating opportunities for SMEs and their employees in the EV value chain through market sensitization, capacity building, and

new business model development. This entails the development of standardized charging infrastructure; first responders are

prepared to handle emergencies involving EVs, mechanics are trained to service them, end-of-life solutions are in place for EVs

and EV battery packs, and the secondary sales market for EVs develops in such a way that it further contributes to bringing

the cost of EV ownership within reach of the average motorist. This project complements the Bank`s project "Sustainable

Transport and Renewable Energy-Powered Electro mobility Support to Jamaica (JA-T1172), " which promotes the creation of an

electric mobility framework and ecosystem.

4. The beneficiaries of this project will be: (i) 400 individuals trained and upskills in the maintenance and safety related to BEV

technology; (ii) 15 Innovative green businesses models supported, (iii)

50 new employment opportunities for renewable energy & EV sector, and (iv) the environment with a cleaner transportation

system. The Executing agency is the JPS Foundation, and the total project budget is US$1, 920, 000, of which

US$995, 000 will be provided by IDB Lab through a nonreimbursable technical cooperation.

Objectives of the Consultancy

The consultancy`s main objective is to assess the feasibility of an Electric Mobility Fund in Jamaica and provide a technical design

for an Electric Mobility Fund based on the recommendation from the feasibility assessment. It is envisioned that the E-Mobility

Fund will be owned and operated by the fund manager based on the proposed funding model.

The Consulting Firm will be responsible for assessing the feasibility and providing a technical design for an Electric Mobility Fund

that can serve as a concessionary financing source to support local financial institutions interested in offering green financial

products. The financial products include low-interest car loans, renewable energy loans, and competitive lease arrangements to

stimulate private sector adoption and make BEVs more accessible to a wider public until price-parity with ICEVs is a reality in

Jamaica.

Scope of Work

1. Prepare an Inception Report that includes: (i) the regulatory and financial policies in Jamaica that support the development

of an E-Mobility Fund, (ii) a comprehensive review of E-Mobility Funds globally and comparable to the Jamaican economy

to identify best practices with establishing EMobility Funds.

2. Conduct a Feasibility Assessment based on the Inception Report`s best practices to make suitable recommendations for

the Jamaican market.

a. The assessment should include, but not be limited to, legal framework, type of financial model, governance

structure, risk assessment, and proposed risk mitigation strategies and key stakeholders.

b. The recommendation will be presented in a Strategy Paper, which will outline the value proposition associated with

the proposed financing mechanism.

c. Based on the recommended approach, the Consulting Firm will cover how the mechanism will provide access to

the capital markets; the type of investor base it would attract at greater flexibility and lower interest rates than the

participating institutions could garner independently.

d. Depending on the proposed mechanism, the issuing vehicle`s governance structure would need to be proposed,

outlining the constitution of the management, board of approval, and trustees and/or custodians.

3. Based on the recommendations from the Feasibility Assessment, the Consulting firm will propose a Technical Design for

the E-Mobility Fund with:

a. A roadmap of actions, responsible stakeholders, and indicative timelines for implementation,

b. Proposed costs to implement the E-Mobility Fund and the costs for participating institutions,

c. Develop a draft "Pooled E-Mobility Fund Guidelines" document that articulates the proposed financing

mechanism`s value proposition. The document would provide guidance to the participating institutions on how they

would structure their financing arrangements to benefit from the facility. The guidelines would also outline the:

proposed use of proceeds, defining the types of projects that would qualify to receive financing; application

procedure of how the participating institutions will tap the Fund; and the process by which the issuing structure

will allocate capital to the participating institutions. The participating institutions should be guided on how to

qualify to participate in the Fund, including debt service minimum requirements and repayment obligations; and

disclosure and reporting requirements of the Fund.

Reporting/Supervision

The consulting firm activities will be supervised by the Programme Manager and Technical Project Lead and will directly liaise with:

Internally: All relevant technical experts of the JPS and JPS Foundation as indicated by the Programme Manager

Externally: IDB team and Funding Agencies representatives, Technical Officers, Contractors, Consultants, Suppliers,

External Auditors, Representatives of the various beneficiary ministries and agencies.

Deliverables and Timeframe

# Required Product Delivery date

1 Work plan delivered Ten (10) days after contract

signature

2 Inception Report One (1) month after the

contract signature

3 Feasibility Assessment Report Six (6) months after contract

signature

4 Technical Design for the E-Mobility Fund Eight (8) months after

contract signature

Required Skills and Experience

Educ

Documents

 Tender Notice