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Consultancy Services on the Privatization of Tourism Finance Corporation (formerly Ktdc) Associated Companies (hotels) (re-advertisement)

Privatisation Commission

Bid notice date:
June 19th, 2018
Bid closing date:
July 10th, 2018
Bid document fee:
1,000 KES
Bid security:
Procurement Ref No:
Procurement Type:
Procurement Method:

Scope of coverage of the Consultancy services: the scope of work involves due diligence work, which will involve review of financial statements to highlight key issues, analysis of key ratios e.g. gearing, liquidity, profitability etc., Industry analysis, operational and Legal due diligence in respect of International Hotels Kenya Limited (Hilton Nairobi), Kenya Hotels Properties Limited (Hotel Intercontinental Nairobi) and Mountain Lodge Limited. The Transaction Advisor is also expected to update due diligence work undertaken in 2009 and 2013, conduct a business valuation and implement the sale of TFC shares in the three hotels through a pre-emptive process approved by Parliament in 2013.

Obtaining Documents
A complete set of RFP document(s) can be obtained from the Privatization Commission offices at Extelcoms House, 11th Floor upon payment of a non-refundable fee of KES 1,000.00 payable to the Privatization Commission or downloaded free of charge from the C

Opening Venue
The technical proposal will be opened immediately thereafter in the presence of consultants’ representatives who choose to attend at the Main Boardroom on 11th Floor, Extelcoms House

Submission Process
Complete proposal documents are to be enclosed in plain sealed envelopes marked with the tender reference number and addressed to ED/CEO Privatization Commission and either (i) deposited in the Tender Box on 11th Floor, Reception Area, Extelcoms House, Haile Selassie Avenue, Nairobi or (ii) dropped in the Procurement Office on 11th Floor, Extelcoms House, Haile Selassie Avenue, Nairobi so as to be received on or before Tuesday 10th July 2018 at 10.00am.

Bidding Documents

No bidding documents have been included in this request for tenders.

Attached Documents (1)