REQUEST FOR QUALIFICATIONS OF BIDDERS FOR THE FINANCING, DESIGN, CONSTRUCTION AND COMMISSIONING OF RESIDENTIAL ACCOMMODATION FOR THE KENYA DEFENCE FORCES ON A BUILD-LEASE-AND-TRANSFER(BLT) BASIS
The Ministry of Defence (MoD), in accordance with Kenya’s PPP Act of 2013 and PPP Regulations of 2014, hereby invites interested qualified firms and consortia (“Bidders”) to participate in a multi-step bid process by submitting qualification information for the right to bid for the development of residential accommodation and associated support facilities for the Kenya Defence Forces(the “Project”) on a Build-Lease-and-Transfer((BLT) basis.
The proposed Project will encompass the development of a total of 2,340 residential units by the private party for the use of Kenya Defence Forces’(KDF)Non-commissioned Officers (NCOs). Under the envisaged contractual structure, the private party will lease the project sites from KDF; develop the residential units and leaseback to MoD the residential units for a specified term for a consideration.
Upon expiry of the lease term, the resultant lease payments by the MoD to the private party will cease and the lease will terminate.The Project will be developed through a special purpose vehicle incorporated under Kenyan Law (the “SPV”