THE ADAMAWA STATE GOVERNMENT IN COLLABORATION WITH THE NIGERIAN SHIPPERS’ COUNCIL(NSC)
4, OTUNBA AYODELE SOYODE LANE, APAPA, LAGOS.
THROUGH ADAMAWA INVESTMENT AND PROPERTY DEVELOPMENT COMPANY LIMITED
REQUEST FOR EXPRESSION OF INTEREST (EOI)
FROM PROSPECTIVE INVESTORS FOR THE DEVELOPMENT OF NGURORE VEHICLE TRANSIT AREA (NVTA), ADAMAWA STATE, NIGERIA

1. INTRODUCTION
The Adamawa State Government through ADAMAWA INVESTMENT AND PROPERTY DEVELOPMENT COMPANY LIMITED in collaboration with Nigerian Shippers Council (“NSC”) intends to develop a Vehicle Transit Area (VTA) on 40hectares of land at Ngurore, Adamawa State through a Public – Private Partnership (PPP) model.

Adamawa State Government/NSC invites interested firms and/or consortiums of firms to participate in the qualification process for the selection of a Private Partner through Competitive Bidding (CB) for the “Development of the Ngurore Vehicle Transit Area”. The Adamawa State Government expects the selected Private Partner to undertake the Design, Finance, Build, Operate, and Transfer (“DFBOT”) of the facility for a concession period, based on Tenure, Terms and Conditions to be set out in the Concession Agreement.

2. PROJECT OBJECTIVE.
One of the major goals of VTA is intended to provide a planned and coordinated framework for the long-term development of the bulk haulage sector, an integrated approach to addressing the increased movement of goods and services in response to the high demands of a growing population and providing security.

1. ELIGIBILITY
i. Evidence of Company Registration with Corporate Affairs Commission (CAC) or its equivalent for foreign firms;
ii. Ownership structure of bidding entity, Name(s) of major shareholders and percentage shareholding of participants in the bidding entity;
iii. Audited Financial Statements prepared in accordance with the International Financial Reporting Standards (IFRS) of the bidding company or members of consortium for the most recent three (3) years;
iv. Evidence of remittance to Industrial Training Funds;
v. Evidence of compliance with the provisions of the Pension Reform Act 2004;