Public procurement notice: Contract Notice
Published: 2020-07-20
Buyer: KfW Bankengruppe
Country: DE
Contract type: Services
Procedure: Competitive procedure with negotiation
CPV classification: 79410000 | 79411100
Submission deadline: 2020-08-17
Award criteria: The most economic tender

Technical requirements: Fund management and investment advisory for the new (to be founded) ‘AfricaGoGreen Fund for Renewable Energy and Energy Efficiency Investments’.
Under the Marshall Plan with Africa and with the goal of expanding partnerships between Africa and Europe, the German Federal Ministry for Economic Cooperation and Development (‘BMZ’) is supporting the region in seeking solutions on how to promote private investment in the renewable energy sector. As part of this support program, KfW initiated the set-up of an investment vehicle, AfricaGoGreen Fund, that will allow for a combination of support mechanisms including:
The fund design and structure are based on a renowned model of layered funds in Luxembourg, combining the needs and requirements of both public and private investors. This tender is for the provision of investment advisory services including refinement of the Fund concept design and implementation.
Please note: the fund has still to be set-up, KfW is conducting the tender procedure in the name of the fund. The contract's entry into force after the tender procedure will be subject to the fund's representatives' signature(s).
In accordance with the evaluation matrix, the candidates' requests for participation will be scored and the candidates will be ranked. The criteria are form and content of the relevant documents, financial solidity, relevant experience and organizational capacity; all criteria are listed in detail in the tender documents (see ‘A2 Stage 1 Evaluation Procedure and Grid’).
Please note: the fund has still to be set-up, KfW is conducting the tender procedure in the name of the fund. The contract's entry into force after the tender procedure will be subject to the fund's representatives' signature(s).
Scope of activities, legal status, relevant physical presence and business network, employee structure and statistical details on professionals, licensed to act as investment managers for a fund registered in Luxembourg.
Annual turnover (on average over the last 3 years), total assets under management in emerging markets, insurance coverage.
Declaration confirming that the candidate will produce an existing liability insurance covering financial losses resulting from consultancy services at the latest 21 calendar days further to the awarding of the contract, with a minimum sum insured of EUR 5 million.
Evidence of relevant experience gained by the bidder since year 2015, organisational capacity for this specific project.
Available technical expertise in-house and external (refer to the listed key personnel), minimum 10 personnel with > 5 years’ experience in the relevant fields; the reference project must be completed no later than 2013 or ongoing since at least 2 years, the reference project must have relevance for at least one of the criteria 3.1, 3.3, 3.6 or 3.7 below (see ‘A2 Stage 1 Evaluation Procedure and Grid’).
The candidate has to be able to act as investment advisor for a fund registered in Luxembourg (proof of suitability in the negotiation phase required latest).
The KfW is carrying out the tender procedure for and in the name of the ‘AfricaGoGreen Fund for Renewable Energy and Energy Efficiency Investments S.A.’ which is not yet founded and registered. This tender procedure does not automatically end with the award of the contract: the contract's entry into force between the fund and the successful bidder of this tender procedure is subject to the fund's registering and signing of the contract.
Confidential additional information for the terms of reference will only be given to the bidders in stage 2 after receipt of a signed non disclosure agreement (the additional information are not relevant for stage 1).
The application is inadmissible if more than 15 calendar days have passed after receipt of KfW's notification that the complaint will not be remedied. (§160 Abs. 3 No 4 GWB).

Eligibility requirements: Scope of activities, legal status, relevant physical presence and business network, employee structure and statistical details on professionals, licensed to act as investment managers for a fund registered in Luxembourg.