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Framework agreement for the services of an Individual Contractor engaged on On-Call Basis, Legal Expert to establish Special Purpose Vehicles (SPVs) to manage projects for different Local Governments in Tanzania
|Advertised on behalf of :|
|Application Deadline :||22-Mar-19 (Midnight New York, USA)|
|Type of Contract :||Individual Contract|
|Post Level :||National Consultant|
|Languages Required :||English|
|Starting Date :|
(date when the selected candidate is expected to start)
|Duration of Initial Contract :||up to 80 work days per year|
|Expected Duration of Assignment :||1 to 3 years|
United Nations Capital Development Fund (UNCDF) is the UN’s capital investment agency for the world’s 47 least developed countries (LDCs). With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.
Local Finance Initiative (LFI) is one among several programmes being implemented by United Nations Capital Development Fund (UNCDF) in Tanzania and other countries with the aim of unlocking domestic capital markets to invest in local development. LFI supports commercially viable economic infrastructure projects with transformational impact in local communities. These projects are either sponsored/owned by private investor(s); trusts, cooperatives or/and Local Government Authorities (LGAs) such as district and town councils, municipals and cities. In supporting LGAs, the LFI programme is seeking to hire a legal consultant to provide legal advisory services based on the scope of work outlined below.
UNCDF would like to enter into a non-exclusive Framework Agreement, also known as Long-Term Agreement (LTA), with one or more individuals that will perform the services described below on a need-basis. In UNCDF, an LTA is a framework agreement by and between UNCDF and a company or individual where the latter may, at any time within the duration of the LTA, be required to render the agreed services at the agreed and fixed unit prices for a minimum period of 12 months, with potential extension for up to two (2) additional years, depending on satisfactory performance of the company.
Under an LTA, UNCDF does not guarantee that any specific quantity of services shall be purchased during the term of this agreement. The LTA does not form a financial obligation or commitment from UNCDF at the time the LTA contract is signed and that such an agreement is non-exclusive.
Where a request for service arises, UNCDF can engage the individual on LTA through a “call-off” of the LTA. Every call-off shall have specific tasks, scope of services and outputs to be delivered within a specific period of time. For this particular work, the call-off shall be formalized through the issuance of a Purchase Order, attaching thereto the TOR, and any other document relevant to the call-off. Financial commitments will only be established each time a Purchase Order for the specific services/TOR for Individual Contractor is committed.
The LTA shall have a cumulative ceiling amount that may accrue to the individual contractor during the life of the LTA, but said amount shall remain as an upper limit, and must not and cannot be interpreted nor understood as neither a financial commitment nor guarantee of business volume.
Duties and Responsibilities
The objective of this proposal is to engage a Legal Expert/lawyer to support the key processes including establishment of up to ten (10) investment companies (1 per LGA), structured under a Special Purpose Vehicle (SPV) arrangements. The SPV serves as an investment vehicle wholly or co-owned by the respective Local Government. The SPV is expected to manage a revenue generating infrastructure project that will generate enough revenue to meet its operations costs and be able to service its debt obligations (bank loan if any.
Scope of the Work
Working under the direct supervision of the UNCDF technical team in Tanzania and in collaboration with the management of the respective LGAs, selected Legal Consultants will be required to provide the following services:
The Consultant shall deliver the following outputs:
This contract will be based on the payment terms described below: The fee shall be all-inclusive with an exception of travel costs and shall include all expenses (e.g. company registration fee) that may be incurred by the Consultant to formulate One SPV.
Payments will be made to the consultant based on deliverables/output as per the payment terms described below, and after submission of invoices to UNCDF. All outputs shall be subject to written final acceptance by the Chief Technical Advisor of UNCDF and subsequent authorization to disburse the payment.
The Consultant will be required to travel to respective LGAs to interview stakeholders and collect relevant information for SPV formulation. The travel costs associated with the assignment will be paid by UNCDF based on UNDP/UNCDF rules and regulations which states that consultants shall only be paid the most direct and most economical ticket, as will be quoted by the official UN travel agency. Any amount in excess of the said quotation, such as class and airline preference of the consultant, shall be borne by the consultant. Lodging and terminal expenses shall not exceed those allowed within UNCDF policy.
Required Skills and Experience
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.