Western Cape Broadband Initiative wants transaction advisor

The Western Cape Department of Economic Development and Tourism (DEDAT) has started looking for a Transaction Advisor to do a feasibility study and possible public-private partnership (PPP) procurement for the Western Cape Broadband Initiative.

According to the tender notice, a “suitably skilled and experienced transaction advisor” is needed to assist the DEDAT with:

  • The feasibility study for Treasury Approval;
  • The production of all bid documents, including draft PPP agreement, for Treasury Approval;
  • PPP procurement and value-for-money report for Treasury Approval; and
  • Negotiate PPP agreement and PPP agreement management plan for Treasury Approval: III • A close-out report and case study.

Only on completion of the feasibility study will the DEDAT consider the procurement phase, and the department reserves the right to terminate the contract of the transaction advisor after the feasibility study is completed, the notice continued.

The notice further stated that the contract for these services will be with a transaction advisor, which will be a consortium. All other team members must be hired by the transaction advisor via joint venture and sub-contractors.

The department is asking for “high quality expertise and experience” in:

  • Financial, economic modeling and project finance;
  • Legal;
  • PPPs;
  • Negotiations;
  • BEE;
  • ICT and telecommunications operations and broadband ecosystem roll-out;
  • Institutional Development; and
  • Local and Provincial government procurement and decision-making environments.

The closing date for the bid is 13 July 2012 at 11:00.

Earlier this year, premier for the Western Cape Helen Zille announced plans to connect every citizen in the Cape Town metropolitan area at network speeds in excess of 100Mbps by 2020.

Zille said that they also have plans to connect all citizens in towns and villages in the province according to government’s plans to have broadband for all by 2020.

As part of a pilot project, the Western Cape government aims to create the largest mesh network in the world within the next two years that will have connected all households in Khayelitsha, Mitchell’s Plain and Saldanha Bay, including the Industrial Development Zone footprint, Zille said.

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Western Cape Broadband Initiative wants transaction advisor