Request for Expressions of Interest for Dammam Independent Sewage Treatment Project
Vision 2030 recognises the critical importance of ensuring the future reliable provision of sewage treatment services for the quality of life of residents of the Kingdom of Saudi Arabia (“KSA“).
To meet the sewage treatment requirements, Water & Electricity L.L.C (“WEC”), intends to commission a series of new Independent Sewage Treatment Plants (“ISTPs”).
WEC is therefore pleased to invite expressions of interest (“EOI”) in respect of the development of a new ISTP with a total ultimate treatment capacity of 330,000 m3/day. The ISTP will be located near the city of Dammam, on the Gulf coast of KSA (the “Project”).
WEC will conduct a competitive process to select a developer or developer consortium for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the Project, together with associated infrastructure and facilities. Under a 25-year Sewage Treatment Agreement (“STA”) with WEC, the project company to be incorporated to develop the Project will treat the entire sewage capacity arrange to be supplied by National Water Company (NWC) . WEC’s obligations under the STA will be supported by a credit support agreement from the Government of KSA.
WEC requests the following:
1. Interested parties should express their interest to participate in the tender process by no later than 20 November 2017. Interested parties should deliver their EOI in both hard copy and electronic copy in PDF format to:
- Mr. Khaled bin Zwaid AlQureshi,
CEO, Water & Electricity L.L.C, Floor 24, Kingdom Centre, P.O.Box: 300091, Riyadh 11372, Kingdom of Saudi Arabia. Email address: wecdammam@wec.com.sa
- Mr. Dexter Maitland,
Managing Director and Head of Power and Advisory, Mizuho Bank, Ltd. (London Branch), Mizuho House, 30 Old Bailey, London EC4M 7AU, United Kingdom Email address: dexter.maitland@mhcb.co.uk
2. The EOI should specify as a minimum the following information:
- Name of the interested party;
- Name and contact details (postal address, telephone number, and e-mail address) for the appropriate point of contact (“Point of Contact”) to whom all future correspondence will be addressed; and
- Where the interested party is considering potential consortium partners, an indication of such intention and details of potential consortium partners (to the extent it is known).
Following submission of the EOI, WEC may, in its sole discretion, issue a confidentiality undertaking to each Point of Contact. Parties wishing to participate as a sole developer or lead developer must return executed versions of the confidentiality undertaking in order to receive a request for qualification (“RFQ”) document, which WEC expects to issue in November 2017. Responses to the RFQ should only be submitted by developers seeking qualification as a sole developer, or lead developer as part of a developer consortium. The RFQ will include further information, including a description of the Project, an outline of the tender process and eligibility criteria for pre-qualification of interested parties.
The advisors on the Project are:
- Mizuho Bank, Ltd. as Lead and Financial Adviser;
- White & Case LLP as Legal Adviser; and
- WS Atkins & Partners Overseas Engineering Consultants as Technical Adviser.
