Transaction advisory services for r400m logistics infrastructure project finance

Appointment of a service

Provider for transaction advisory services

Bankability Reset and

Transaction

Reconfiguration (Stage 1B)

Task 4 – Financial Model

Re-Baselining and Viability

Task 5 – Commercial and

Risk Re-Allocation

Framework

Task 6 – EPC Claims and

Vendor Financing Resolution

Strategy

Task 7 – Offtake, Revenue

and Tariff Review

Transaction Execution

(Stage 2A)

Task 8 – Governance

Strengthening and Board

Support

Task 9 – Submissions and

Approval Support (IDC

SteerCo)

Task 10 – Transaction

Execution and Negotiation

Support

Rate per

No. of

Activity / Deliverable Resource hour / per Total Cost (VAT Excl.)

hours

resource

Post-Execution Monitoring

and Close-Out (Stage 2B)

Task 11 – Implementation

Monitoring and Control

Validation

Task 12 – Close-Out Report

and Lessons Learnt

Disbursements

Sub-total price (VAT excl.)

VAT at 15% (if applicable)

Total bid price (VAT incl.)

The bidder must provide a detailed breakdown of the Disbursements as follows:

Cost Element Cost (VAT Excl.)

Sub-Total Disbursements

Note on pricing:

Disbursements (incidental expenses other than professional fees e.g., travel and

accommodation, printing costs, etc.) must be clearly defined, outlining all assumptions. It

is of utmost importance to submit clear and comprehensive cost proposals to allow the

IDC to fairly compare bid price / cost proposals. If there is no additional fee envisaged for

Disbursements, then the bidder must clearly indicate “No Charge / Free of Charge”. Failure

to clearly indicate this, would result in IDC penalising your bid response by taking the cost

of the highest bidder and adding 50% thereto and apply this rate for purposes of price

comparisons. Bidders are therefore requested to respond clearly and comprehensively

on this aspect of their bid response.

8. Summary of the proposal

Description bidder’s proposal

Number of resources (personnel)

Project duration (in hours)

Project duration (in months)

Commencement Date

Price declaration form

Dear Sir,

Having read through and examined the Request for Proposal (RFP) Document, T27-06-26

the General Conditions, The Requirement and all other Annexures to the RFP Document,

we offer Transaction Advisory Services to the IDC, at a total amount of:

R...................................................................................................................... VAT incl.)

In words

R...................................................................................................................... VAT incl.)

We confirm that this price covers all activities associated with the project management and

consulting service, as called for in the Tender document. We confirm that IDC will incur no

additional costs whatsoever over and above this amount in connection with the provision of

this service.

We undertake to hold this offer open for acceptance for a period of 120 days from the date

of submission of offers. We further undertake that upon final acceptance of our offer; we

will commence with the provision of service when required to do so by the IDC.

We understand that you are not bound to accept the lowest or any offer and that we must

bear all costs which we have incurred in connection with preparing and submitting this

tender.

We hereby undertake for the period during which this tender remains open for acceptance

not to divulge to any persons, other than the persons to which the tender is submitted, any

information relating to the submission of this tender or the details therein except where such

is necessary for the submission of this tender.

Signed date

(Print name of signatory)

Designation

For and on behalf company

Of: name

Tel No

Fax No

Cell No

Section 4: annexures

Annexure 1: response format for section 2

Bidder’s Experience and the proposed Project Team

Request for Proposal No:

Name of Bidder:

Authorised signatory:

[Note to the Bidder: The bidder must complete the information set out below in response to the requirements stated in Section 2 of this bid document. If

the bidder requires more space than is provided below it must prepare a document in substantially the same format setting out all the information referred

to below and return it with this Returnable Schedule 3.

The bidder must provide the following information:

Table (a) Details of the bidder's experience in transaction advisory, project finance, or infrastructure restructuring

(please refer to Section 2 par 5.2.1):

Project period Description of service performed Name, title and

Total Value of

Client’ Name Industry (Start and End and extent of Bidder's telephone contact of

Project

Dates) responsibilities client

Table (b) Details of the key personnel of the bidders’ proposed team: (please refer to par 5.2.3 of Section 2 of this RFP document):

Relevant Project Experience

Name Position Role / Duties in this Project

Project description, Client, Project period Project Cost

Annexure 2: acceptance of bid conditions and bidder’s details

Request for Proposal No:

Name of Bidder:

Authorised signatory:

Name of Authorised

Signatory

Position of Authorised

Signatory

By signing above the bidder hereby accept full responsibility for the proper execution and fulfilment

of all obligations and conditions devolving on him/her under this RFP.

[Note to the Bidder: The Bidder must complete all relevant information set out below.]

Central supplier database (csd) information

Bidders that are registered on the Central Supplier Database (CSD) of National Treasury are

required to submit as part of this proposal both their CSD supplier number and CSD unique

registration reference numbers below:

Supplier Number

Bidding structure

Indicate the type of Bidding Structure by marking with an ‘X’:

Individual Bidder

Joint Venture/ Consortium

Prime Contractor with Subcontractors

Other

Required information

If Individual Bidder:

Name of Company

Registration Number

Vat registration Number

Contact Person

Telephone Number

cell phone Number

Email address

Postal Address

Physical Address

If Joint Venture or Consortium, indicate the following for each partner:

Partner 1

Name of Company

Registration Number

Vat registration Number

Contact Person

Telephone Number

Cell phone Number

Email address

Postal Address

Physical Address

Scope of work and the value as a % of the total value of

responses being received late. IDC’s e-mail servers are configured to receive e-mails with

sizes up to 50MB.

4.5. The IDC will not be held responsible for any of the following:

4.5.1. bid responses sent to the incorrect email address.

4.5.2. bid responses being inaccessible due to non-standard electronic file formats being

utilised to submit responses by bidders.

4.5.3. any security breaches and unlawful interception of tender / bid responses by third

parties outside the IDC’s IT network domain.

4.5.4. bid responses received late due to any IT network related congestions and/or

technical challenges; and

4.5.5. bid responses with file size limits greater than IDC’s e-mail receipt capacity of 50MB.

4.6. Only responses received via the specified link will be considered.

4.7. Where a complete bid response (Inclusive of all relevant Schedules) is not received by the

IDC in its electronic tender box https://idcza-

my.sharepoint.com/:f:/g/personal/moitlisim_idc_co_za/IgDqwBBFkZQVQakMxXoGjd8WA

VclBqXcSfd8Ysc4qFIPr64 by the closing date and time, such a bid response will be

regarded as incomplete and late. Such late and / or incomplete bid will be disqualified. It is

the IDC’s policy not to consider late bids for tender evaluation.

4.8. Amended bids may be sent to the electronic tender box https://idcza-

my.sharepoint.com/:f:/g/personal/moitlisim_idc_co_za/IgDqwBBFkZQVQakMxXoGjd8WA

VclBqXcSfd8Ysc4qFIPr64 marked “Amendment to bid” and should be received by the IDC

before the closing date and time of the bid.

bid.

5.4. The bidder should check the numbers of the pages of its bid to satisfy itself that none are

missing or duplicated. No liability will be accepted by IDC in regard to anything arising from

the fact that pages of a bid are missing or duplicated.

5.5. Bidder’s tax affairs with SARS must be in order (tax compliant status) and bidders must

provide written confirmation to this effect as part of their tender response.

5.6. In the event that the bidding structure is a Prime Contractor with Sub-contractor/(s), then

the Prime Contractor must not hold lower % of the contract value than any of the

subcontractors.

challenges, ensuring the project achieves its full potential.

2.2. Professional indemnity

The bidder (company) must submit a valid professional indemnity insurance certificate. The

certificate must:

• Clearly state the limit of indemnity; and
• Indicate the policy expiry date.

insurance certificate.

o_za/IgDqwBBFkZQVQakMxXoGjd8WAVclBqXcS

4.1. Bid responses must be submitted in electronic format only and must be uploaded to the

dedicated link as provided herein.

4.2. Bid responses should be in generally acceptable / standard electronic file format/s (i.e.,

Microsoft suite of products or pdf) to enable access thereto by the IDC for purposes of

evaluating responses received. Where documents are presented in a format which cannot

be accessed by the IDC through generally acceptable formats, such bid response will be

disqualified.

4.3. The closing date for the submission of bids is 19 June 2026 not later than 11h00 AM (before

midday). No late bids will be considered. Bids must only be sent to https://idcza-

my.sharepoint.com/:f:/g/personal/moitlisim_idc_co_za/IgDqwBBFkZQVQakMxXoGjd8WA

VclBqXcSfd8Ysc4qFIPr64. Bids sent to any other platform other than the one specified

herein will be disqualified and will not be considered for evaluation. It is the bidder’s

responsibility to ensure that the bid is sent to the correct link and that this is received by the

IDC before the closing date and time in IDC’s dedicated tender e-mail inbox / address

https://idcza-

my.sharepoint.com/:f:/g/personal/moitlisim_idc_co_za/IgDqwBBFkZQVQakMxXoGjd8WA

VclBqXcSfd8Ysc4qFIPr64.

4.4. Bidders are advised to submit / send its bid responses at least 30 minutes before the 11h00

9.1. By submitting a bid in response to the RFP, the bidder will be taken to offer to render all or

any of the services described in the bid response submitted by it to the IDC on the terms

and conditions and in accordance with the specifications stipulated in this RFP document.

9.2. The bidder shall prepare for a possible presentation should IDC require such and the bidder

will be required to make such presentation within five (5) days from the date the bidder is

notified of the presentation. Such presentation may include a practical demonstration of

products or services as called for in this RFP.

9.3. The bidder agrees that the offer contained in its bid shall remain binding upon him/her and

receptive for acceptance by the IDC during the bid validity period indicated in this RFP and

its acceptance shall be subject to the terms and conditions contained in this RFP document

read with the bid.

9.4. The bidder furthermore confirms that he/she has satisfied himself/herself as to the

correctness and validity of his/her bid response; that the price(s) and rate(s) quoted cover

all the work/item(s) specified in the bid response documents; and that the price(s) and

rate(s) cover all his/her obligations under a resulting contract for the services contemplated

in this RFP; and that he/she accepts that any mistakes regarding price(s) and calculations

will be at his/her risk.

9.5. The successful bidder accepts full responsibility for the proper execution and fulfilment of

all obligations and conditions devolving on him/her under the supply agreement and SLA to

be concluded with IDC, as the principal(s) liable for the due fulfilment of such contract.

9.6. The bidder accepts that all costs incurred in the preparation, presentation and

demonstration of the solution offered by it shall be for the account of the bidder. All

supporting documentation and manuals submitted with its bid will become IDC property

unless otherwise stated by the bidder/s at the time of submission.

I CERTIFY THAT THE INFORMATION FURNISHED IN PARAGRAPHS 1, 2 and 3 ABOVE

5.2.2 Bidder’s proposed methodology comply

assignment and propose a structured, coherent, and

implementable methodology for delivering the required

services.

The Bidder’s response will be assessed on the extent to

which it:

• Presents a logical, step‐by‐step delivery approach

from inception to close‐out;

• Provides a realistic and achievable programme, with

clear sequencing of activities, milestones, and

dependencies;

• Describes a robust site measurement and validation

approach appropriate to the scope of work;

• Sets out an effective stakeholder engagement

strategy for managing multiple parties and aligning

requirements;

• Demonstrates a sound approach to design

development or solution structuring, including option

analysis and value optimisation;

• Defines a disciplined documentation, quality

assurance, and submission workflow aligned with

approval requirements; and

• Proposes a fit‐for‐purpose resource plan, including

appropriate skills, experience, levels of senior

oversight, and continuity of key personnel.

feasibility, and relevance of the proposed approach and the

degree to which it mitigates risk and supports timely,

high‐quality delivery.

contract and whose bid is functionally acceptable and financially advantageous to the IDC.

8.3. The IDC reserves the right to conduct site visits at bidder’s corporate offices and / or at

client sites if so required.

8.4. The IDC reserves the right to request all relevant information, agreements, and other

documents to verify information supplied in the bid response. The bidder hereby gives

consent to the IDC to conduct background checks, including FICA verification, on the

bidding entity and any of its directors / trustees / shareholders / members.

8.5. The IDC reserves the right, at its sole discretion, to appoint any number of vendors to be

part of this panel of service providers, if applicable (i.e., where a panel is considered).

8.6. The IDC reserves the right of final decision on the interpretation of its tender requirements

and responses thereto.

8.7. The IDC reserves the right to consider professional conduct and experiences it had with any

bidder which rendered similar services to the IDC in the past 5 years over and above the

references put forward by the bidder in its response.

12.1. Phase 1: Initial Screening Process: During this phase, bid responses will be reviewed for

purposes of assessing compliance with RFP requirements including the general bid

conditions and also the Specific Conditions of Bid, which requirements include the following:

• IDC will make use of the Central Supplier Database (CSD) to access key information

which is required to conduct supplier vetting including Company Registration status,

tax compliance status and any other relevant checks conducted on CSD.

• In the event that the bidding structure is a Prime Contractor with Sub-contractor/(s),

then IDC will evaluate the information provided in Annexure 2 (Acceptance of Bid

Conditions and Bidder’s Details) and if determined that the Prime Contractor holds a

lower percentage in terms of the value of the contract than any of its subcontractor/(s),

then the bid will be disqualified.

• Submission of ID copy for the Company Representative as referenced in 11.3.2 above.
• BEE Status Certification as referenced in 11.3.7.1 above.
• Completion of all Standard Bidding Documents and other requirements, as reflected in

this RFP, which covers the following:

➢ Section 2: Statement of compliance with the Functional Evaluation Criteria for this

RFP.

➢ Section 3: Cost Proposal and Price Declaration Form.

➢ Annexure 1: Bidders Experience & Project Team.

➢ Annexure 2: Acceptance of Bid Conditions.

➢ Annexure 3: Tax Compliance Requirements.

➢ Annexure 4: Bidder’s Disclosure.

➢ Annexure 5: Shareholders’ Information/ Group Structure.

➢ Annexure 6: BEE Commitment Plan.

➢ Annexure 7: Disclosure Statement.

➢ Annexure 8: Privacy & Protection of Personal Information Act

1 Bidder’s Relevant Experience 30

2 Bidder’s Proposed Methodology 35

3 Qualifications, Skills and Experience of The Team 35

Total 100%

Note: The minimum qualifying score for functionality is 70%. All bidders that fail to achieve

the minimum qualifying score on functionality shall not be considered for further

evaluation on Price and Specific Goals.

12.3. Phase 3: Preference Point System

All bids that achieve the minimum qualifying score for Functionality (acceptable bids) will be

evaluated further in terms of the preference point system, as follows:

2.1. Project Overview

Industrial Development Corporation of South Africa (“IDC’ or “the Client”) is seeking

proposals from qualified and experienced Transaction Advisory firms (“the Adviser”) to

provide comprehensive advisory services for a project finance transaction involving a

logistics infrastructure system valued at circa R400m that is currently in the commissioning

phase. The logistics infrastructure system is nearing completion, and the project requires

expert assistance to review and enhance key agreements, optimize financial and legal

structures, and ensure operational readiness for a smooth transition to full commercial

operations.

5.2.1 Bidder’s experience comply

The bidder must demonstrate a minimum of 5 years

relevant experience in providing transaction advisory,

project finance, or infrastructure restructuring.

indicating the relevant years of experience and a

minimum of five (5) references from other clients for

similar work done in the past five (5) years.

Refer to Table (a) Annexure 1 of this document for the

response format provided.

5.2.3 Qualifications and skills of key partially not

proposed for this assignment possess the appropriate

qualifications, skills, and experience to successfully deliver

the required Transaction Advisory Services.

• All key personnel deployed to the project must have

a minimum of five (5) years’ relevant experience in

one or more of the following areas:

following:

• The structure and composition of the proposed

project team, clearly illustrating reporting lines and

roles;

• A clear description of the main disciplines and

specialist areas required for the assignment,

identifying the key personnel responsible for each

discipline or specialty. Please refer to Table (b)

Annexure 1 of this document for the format in which

the required information must be provided; and

• CVs and qualification of the key personnel; and the

professional qualifications, areas of experience/

competence directly applicable to the scope, tasks,

and objectives of this project, as outlined above.

Section 4: annexures

Annexure 1: response format for section 2

Bidder’s Experience and the proposed Project Team

Table (a) Details of the bidder's experience in transaction advisory, project finance, or infrastructure restructuring

(please refer to Section 2 par 5.2.1):

Dates) responsibilities client

Table (b) Details of the key personnel of the bidders’ proposed team: (please refer to par 5.2.3 of Section 2 of this RFP document):

Section 3: cost proposal

Section 3: cost proposal

1. NOTE: All prices must be VAT inclusive (where applicable) and must be quoted in

South African Rand (ZAR).

2. Are the rates quoted firm for the full period of the contract? YES NO

Important: If not firm for the full period, provide details of the basis on which price adjustments

shall be applied e.g., CPI etc.

3. All additional costs associated the bidder’s offer must be clearly specified and included in

the Total Bid Price.

4. Is the proposed bid price linked to the exchange rate? Yes No

rates as set out in the National Treasury Instruction /2017:

Cost Containment Measures which took effect from 01 January 2014,

where relevant.

of the referenced National Treasury Instruction: Cost Containment

Measures. The “Guide on Hourly Fee Rates for Consultants” as issued

by the Department of Public Service and Administration (DPSA); or