The Bulgarian Energy Holding started a procedure for selection of a consultant for the Belene NPP project. The General Procurement Notice was published in December 2009.
The future consultant of the Belene NPP will have to propose a concept for the project development and to update its economic model. In case of a positive outcome of the “Project Development Concept” phase, the consultant will have to develop and implement a procedure for selection of investors, including update of the financial model and provide assistance in restructuring the project on an economically reasonable manner.
The selection procedure is a two-stage and it envisages a prequalification of the candidates. Following the evaluation of the submitted proposals the candidates, who meet the prequalification criteria will be short-listed and will receive an invitation to tender together with the complete dossier.
Prequalification criterions for the candidates include their technical capabilities, their reputations and their financial and economic standing.
Legal entities and consortia are eligible to participate in the tender. Each of them could submit only one application. Sub-contracting will be allowed up to 30% of the contract value.
Expected results of the consultant’s work are optimization of the project and its implementation, updated economic and financial models, restructured project, including new shareholding and financial structure. The main part of the consultant’s work will be considered fulfilled with the successful joining of new investors to the project.
Candidates for participation in the procedure will be able to submit application for of participation no latter than March 25, 2010. The expected date for consultant selection and signing of a contract is the middle of June 2010.
The Procurement Notice is published on the corporate website of BEH EAD. It will be published also in two national dailies, as well as in editions of The Economist and Financial Times.