Ref.2018-0027_International consultant on macroeconomic assessment of housing fund modernization results in Kazakhstan

Location : Home based with 2 missions to Kazakhstan
Application Deadline :07-Aug-18 (Midnight New York, USA)
Type of Contract :Individual Contract
Post Level :International Consultant
Languages Required :
English   Russian  
Duration of Initial Contract :August-December 2018

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.

UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.


Please note!

Your Proposal (max 10 MB) must be submitted by email to: with the indication of Ref.2018-0027 in the subject line not later than August 7, 2018.

For detailed information on the position, please refer to the Procurement Notice and Terms of Reference. Any request for clarification must be sent in writing, or by standard electronic communication to the following e-mail, copying


 In the Republic of Kazakhstan, within the framework of the reforms carried out in previous years, a few number of measures, both legal and institutional, aimed at improving the situation in the housing and utilities sector, in particular in the housing sector - residential multi-apartment buildings (MAB), were adopted. Nevertheless, despite the efforts made, the maintenance and operation of a large part of MAB is, unfortunately, in unsatisfactory conditions, especially in the regions. According to the analysis, today there is a low discipline of accumulation funds for the capital renovations of MAB, which contributes to the untimely capital and current renovations. As a result, the number of failing buildings to be demolished is increasing, which amounts to 2,565 units today. According to statistics, today there are 148,998 residential multi-apartment buildings in Kazakhstan. Capital renovations are required for about 30% of buildings. Even more buildings (according to the expert estimates, about 60-70%) are requiring thermal modernization, as built in the previous years they do not meet up-to-date requirements for heat protection, and the Government allocates considerable funds for various energy subsidies. Such subsidies, as a rule, are distorting the market mechanisms and have a number of negative social and economic impacts. Apartments owners do not actually have opportunity for collective borrowing to perform current and capital renovations of MAB (as per the example of the European countries). It is expected to engage an international expert to assist to the Project in assessment of macroeconomic results of the housing stock modernization in Kazakhstan in order to demonstrate the Government the possible benefits from such modernization of the city’s and country's economy as a whole.

Duties and Responsibilities


To assess the macroeconomic results of the housing stock modernization in Kazakhstan  on basis of proposed replicated model and analysis of its sensitivity.

Scope of Works:

• Preparation of a report with a brief analysis of the best practices in modernization of residential multi-apartment buildings (MAB), indicating all subsequent economic and environmental benefits (3-5 countries with the most successful experience in modernization of MAB with participation of SME, banks, municipalities and apartment owners – blended financing);

• Development of financial and economic model for modernization of a typical residential building/residential quarter using the information received by UNDP pilot project in Astana  with identification of a level of sensitivity (limit) of tenants’ contribution (accumulation of funds for renovation) and loan-based funding for the pilot project, based on data of the developed model; 

• Development of a replicated model for Astana city with analysis of macroeconomic impact of a large-scale modernization of urban renovation (built-up) areas on city economy and project sensitivity (limit) in the part of co-financing by the municipality from budget and borrowed sources of financing;

• Development of a replicated model for the country (Kazakhstan) with analysis of macroeconomic impact of a large-scale modernization of residential renovation (built-up) areas on country’s economy and project sensitivity (limit) in the part of  co-financing from budget and borrowed sources of financing;

• Identifying the business opportunities during the project scaling up to a city and a country, including the effects for the economy and the ability of the budget to provide the financial support to businesses.

*For more details please see the Terms of References.


  • Team-worker,
  • Excellent communication skills,
  • Fluent in Russian and English
  • Expertise\experience in economic modeling\estimation and policy analysis in development contexts;
  • Expertise in development of strategic economic documents

Required Skills and Experience


  • Master’s degree or higher in Finance and Economics\Finance and Banking\Economic Policy


  • As a minimum 10 years of experience in financial management, financial risk assessment, economic forecasting;
  • Prior experience in Central Asia region. Good knowledge of transition economies;
  • Prior experience with international organizations.

!Application Procedure

Your application (max. 10 Mb) consisting from:

  • Duly accomplished Letter of Confirmation of Interest and Availability using the template provided by UNDP;
  • Personal CV and/or UNDP P11, indicating all past experience from similar projects, as well as the contact details (email and telephone number) of the Candidate and at least three (3) professional references;
  • Brief description of why the individual considers him/herself as the most suitable for the assignment;
  • Financial Proposal that indicates the all-inclusive fixed total contract price, supported by a breakdown of costs, as per template provided;
  • Other documents confirming the work experience, knowledge and skills (qualification improvement certificates\diplomas, awards, etc. with total size no more than 1 Mb

must be sent to indicating Ref.2018-0027 in the email message subject not later than 7 August 2018.

ONLY fully submitted applications would be considered!!!

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