EBRD/ ARMENIA WATER INVESTMENT PROGRAMME

Description

The European Bank for Reconstruction and Development ("EBRD" or the "Bank") is considering providing a sovereign loan of up to EUR 30 million to be on-lent to the Armenia Water and Sewerage CJSC (the "Company" or "AWSC"). The Bank’s loan would be co-financed by a sovereign loan from EIB of EUR 30 million and an investment grant from international donor(s) of EUR 20 million. The proceeds of the loan and grant will be used to rehabilitate water supply in ten regions of Armenia and wastewater infrastructure in three regions of Armenia. It will also be used to procure operating assets such as water meters, control systems and pumps. The investments will reduce water losses and improve system performance and reduce operational costs. The wastewater investments will significantly reduce pollution through untreated sewerage.

The Government of Armenia ("GoA") has embarked on sector reforms in the water and wastewater sector. During the last decade, the GoA has restructured the water sector and adopted a new water code. The State Committee on Water Economy ("SCWE") of the Ministry of Territorial Administration ("MTA") was established in 2002. Management and lease contracts with private water operators have been concluded along with high investments in water infrastructure upgrades. All this resulted in a remarkable improvement in service delivery, the reduction of operation costs and the increase of revenues.


Eligibility

Corporate services are required. The Consultant will be a firm or a group of firms with extensive previous project experience in a) advising on PPP Transaction projects preferably in the water sector and the region, b) in completing similar tasks as summarised in "Assignment Description".


Budget

Cost Estimate of the Assignment: EUR 600,000. (exclusive of VAT).


Deadline: 03 December 2014

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