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MINISTRY OF FINANCE AND ECONOMIC DEVELOPMENT, GEORGE STREET, FREETOWN, SIERRA LEONE
GOVERNMENT OF SIERRA LEONE
REQUEST FOR EXPRESSIONS OF INTEREST (REOI) FOR CONSULTANCY SERVICES TO DEVELOP AND PRODUCE PUBLIC INVESTMENT POLICY FOR CAPITAL PROJECTS INCLUDING COSTING AND DEVELOPMENT OF APPRAISAL TOOLS FOR AN EFFICIENT PUBLIC INVESTMENT MANAGEMENT IN SIERRA LEONE.
(INDIVIDUAL CONSULTANT SELECTION)
Country: Republic of Sierra Leone
Name of Project: Public Financial Management Improvement and Consolidation Project (PFMICP)
Credit/Grant Numbers: IDA Credit Number 5350-SL, TF Grant Number 17201-SL and AfDB-2100155027317
Assignment Title: Consultancy Services to Develop and Produce Public Investment Policy for Capital Projects including Costing and Development of Appraisal Tools for an Efficient Public Investment Management in Sierra Leone.
Reference No.: MoFED/PFMICP/PMU/IC/001/2016
Date of Issuance: Thursday 12th May, 2016
1.0Source of Funds
The Government of Sierra Leone has received funding in the amount of Twenty Eight Million, Five Hundred Thousand United State Dollars ($28,500,000) from International Development Association IDA of the Word Bank, Multi-Donor Trust Funds (MDTF) - European Union (EU), DFID and pool funding from the AfDB towards the cost of Public Financial Management Improvement and Consolidation Project and intend to apply part of the proceeds of the funding for eligible payment under the contract for Consultancy Services to Develop and Produce Public Investment Policy for Capital Projects including Costing and Development of Appraisal Tools for an Efficient Public Investment Management in Sierra Leone.
2.0Objective of the Assignment
The overall objective of the assignment is to develop a public investment policy to enhance the Public Investment Management Unit (PIMU) in the Ministry of Finance and Economic Development to improve on the preparation and prioritization of the public investment program, including appraisal tools for design and costing of capital projects.
2.1 Objective(s) of the Exercise
Specific objectives of the exercise may include the following:
a.Provide the mechanism and framework to coordinate all investment drives and platform for analytical and systematic derivation of investment priorities.
b.Establish clear processes and procedures in delivering Public Investments.
c.Streamline roles and responsibilities of Ministries Departments and Agencies (MDAs), including local governments and the wider stakeholders in the delivery of public investment
d.Strengthen the link between National Development Policy Strategy (Agenda for Prosperity) and delivery of public investment through budget implementation.
e.Define and strengthen adherence to the project cycle, whiles establishing instruments and techniques public projects.
2.2 Justification for the assignment
Public investment in Sierra Leone is undoubtedly very key for development and growth. Based on this knowledge it is very much desirable to develop public investment policy that will help to enhance growth and higher returns on public investment. Public investment policy will strengthen decision makers in public investment to make the right decisions on the desirable and the most effective allocation of public resources.
The policy shall re - enforce high level of transparency which the government has been promoting in the management of public investment, especially in capital spending. The policy shall incorporate robust analytical functions to generate readily available data on public investment for planning and decision-making process
3.0 Brief Description and Tasks to be performed by Consultant (Scope of assignment)
It will be critical to have close consultations between the public and private sectors in the process of developing the policy framework for the public investment management unit. This is particularly important in light of the fact that the concept of a standalone PIM outside of both the Ministry of Works and NPPA is new to Sierra Leone. The PIMU will enhance a structured, regular dialogue mechanism between GoSL and private sector around the policy agenda. The mechanism for dialogue will be structured to build institutional knowledge and process for consultation as an important function for the PIMU.
The key deliverable or output is a Public Investment Policy that may include the following:
·Guidelines for the design and costing of domestic capital projects.
·Recommendations for support for MDAs on project design and costing.
·Raise awareness and guidelines on private sector participation in public investment and capital projects.
4.0 Duration of the Assignment is Forty Five Man days
The Public Financial Management Improvement and Consolidation Project (PFMICP) now invites eligible Individual Consultants to indicate their interest in providing the services. Interested individual consultants should provide information demonstrating that they have the required proven track-record in enhancing public investment management reforms including first-hand experience in public financial management / policy reform programmes in the Ministry of Finance or Planning. Specifically, the Consultant must have:
·Advance University degree in Economics, Public Finance, Law, Project Management, Public Policy and related fields.
·Minimum ten (10) years experience in public sector development, either as policy maker, advisor etc.
·Applied experience with designing and costing public investment projects.
·International experience, preferably in Africa, with public investment management reforms.
·Strong organizational and interpersonal relationship skills.
·Excellent presentation skills.
·Exhibit outstanding skill in analysis
·Good organization and presentation skills
·Delivery of stipulated outcomes as stated in the assignment
·Fluency in English
5.0 Selection Criteria
The short listing criteria are:
(i)Individual Consultant’s experience relevant to the Assignment
(ii)Competency/Qualification of the Individual Consultant relevant to the Assignment
This REoI will lead to the preparation of Short list of Consultants
A mysterious fire, last Friday night consumed parts of the fourth floor, of the six storey building of the Electricity House on Siaka Steven Street, Freetown that houses the Ministry Of Energy and the National power Authority (NPA), living the offices of the Permanent Secretary and the Accountant of the Ministry completely razed by the raging inferno.