Request for Proposal (RFP) at the Abuja Electricity Distribution Company (AEDC)

Posted by Future on Mon 29th Nov, 2021 - nigeriantenders.com

The Abuja Electricity Distribution Company (AEDC) invites eligible and qualified debt recovery agent / firm to indicate interest by tendering RFP documents for the following works:

Abuja Electricity Distribution Company (AEDC) is one of the 11 power distribution companies that was successfully privatized and handed over to new investors on November 1, 2013. KANN Utility Limited is the 60% equity holders in AEDC, while the Federal Government of Nigeria holds 40% equity.

Applications are invited for:

Title: Request for Proposal (RFP) Provision of Debt Recovery Services to AED Plc

Preamble

Abuja Electricity Distribution Plc (AED PIC) is one of the 11 power distribution companies that was successfully privatized and handed over to new investors on November 2013. AED Plc has a franchise for the distribution and sale of electricity across an area of 133,000 km2 in the Federal Capital Territory Niger State, Kogi State and Nassarawa State.

AED Plc is looking for debt recovery agent or firm that will be responsible for the recovery of outstanding debts of the company and also ensure efficient reconciliation on disputed debts and follow-up on severe cases of debt recovery to establish a repayment plan for debt settlement.

General Scope of Service

Bidders are to ensure compliance with the scope of service:

Engaged identified debtors for repayments, send reminders, issue warning letters and discuss further actions that may lead to litigation to compel debtors to pay their debt.
Negotiate and persuade debtors to extract payments and in some cases obtain installment payments where bullet repayment is not feasible.
Production of a detailed report that summarizes and explains the results obtained on a case-by-case basis. The report requirement shall include; inception report, progress report and final report.

Objectives

The debt recovery agent will be responsible for the recovery of outstanding debts of the company and also ensure efficient reconciliation on disputed debts and follow-up on severe cases of debt recovery:

Recovery of prolonged outstanding debts
Establish a repayment plan for debt settlement

Mandatory Requirements

Detailed company profile, showing brief information about the company, such as organization’s values, top management staff profiles, all registered board members, registered address(es), branch network, key partners and personnel, foreign affiliates, etc.
Evidence of company registration with the Corporate Affairs Commission. (i.e. Certificate of Incorporation, Form CO2 and Form CO7)
VAT Registration
Tax Clearance Certificate valid till 31st December 2020
3 years Audited Financial Statements for 20118, 2019 and 2020
NSITF Certificate valid tll 31st December, 2021
PENCOM Certificate valid till 31st December,2021

Application Closing Date

11:00am, 13th December, 2021.

Submission of Documents

All sealed bid document marked with subject title "Provision of debt recovery services to AED PIC", closing date and time, should be addressed to:

The Procurement Committee,

Abuja Electricity Distribution Company,

No. 1 Ziguinchor Street,

Off IBB Way, Zone 4, Wuse,

F.C.T - Abuja.

Please Note

Electronic bidding will not be permitted.
Late bids will be rejected.
The bidders shall prepare one single technical bid clearly marked as "Technical bid" - Envelope A. similarly, bidders shall prepare only one indicative commercial bid clearly marked as "Commercial bids" - Envelope B. Both the envelopes carrying the technical (Envelope A) and Commercial (Envelope B) proposals should be put in a sealed single envelope.

For more clarifications on this RFP, please Click Here (PDF).