Support to the Jordan Investment Commission



Funding source:

Not Yet Determined

Contract type:

Consultancy Services

Notice type:

Invitation for expressions of interest (CSU)

Issue date:

31 Jul 2020

Closing date:

31 Aug 2020   at  17:00   London

Access eSelection

Single Stage Open Competitive Selection – Request for Proposals

24/08/2020: Clarifications issued and are available via this link:

17/08/2020: Clarifications issued and are available via this link:

Project Description:

The EBRD’s Investment Climate and Governance Initiative (ICGI) was launched in 2014 to enhance the Bank’s support for improvements to the investment climate and economic governance in its countries of operations.

In May 2018, during the EBRD’s Annual Meeting at the Dead Sea, the Bank signed a Memorandum of Understanding (MoU) with the Government of Jordan on the implementation of the ‘Investment Climate and Governance Initiative for Jordan’. Under the MoU, the Bank has pledged to support the Jordan Investment Commission (JIC).

The components and activities outlined below constitute a direct follow-up and implementation of some of the key pledges and commitments made by the country at the “Jordan: Growth and Opportunity, the London Initiative 2019” conference in which both UK and EBRD played an important role alongside the development partners.

The three proposed areas of assistance discussed in detail below are:

a) Investment promotion targeting the Jordanian diaspora and other businesses operating in the Gulf region; as well as those who live in the GCC countries (specifically in relation to the citizenship by investment initiative)..

b) Investment promotion events outside of Jordan; and,

c) Investment Aftercare.

The EBRD is now seeking to engage a consultant (the “Consultant”) to carry out components A and B.

Assignment Description:

The Consultant will support JIC to identify concrete and available investment opportunities and to promote them to targeted Jordanian diaspora and international businesses operating in the Gulf region, as well as others who are living in the GCC countries through ad hoc meetings and a targeted approach to be developed in the Inception Phase. Priority sectors for Jordan are Agriculture, Healthcare, Pharmaceutical, Industrial, ICT Tourism and Logistics.

In order to complement and follow-up on the London Initiative 2019 conference and the other events organised by JIC, the Consultant will assist in the organisation and execution of a number of online and in person events.

The detailed scope of work and services (the “Services”) of the Assignment are further described in the Full Terms of Reference (the “ToR”) which can be accessed from the following link.

Consultant Selection Procedure: Single stage open competitive selection. Interested firms or groups of firms are invited to submit a Technical and Financial Proposal.

Assignment Start Date and Duration: The Assignment is expected to start in September-October 2020 and has an estimated overall duration of 18 months.

Cost Estimate for the Assignment: GBP 250,000 (exclusive of VAT), which will cover the experts’ fees and any miscellaneous expenses such as per diem, travel (including expenses related to travel to the events sites), etc. NB: There will be a separate budget available to cover the costs related to Investment Promotion Events as described in Component B in ToR; the budget will be discussed with the winning consultant at the contract negotiations stage.

Subject to availability of funding, the performance of the selected Consultant and the business needs, the Assignment may be extended beyond the current scope.

Funding Source: The UK Department for International Development (DFID). Selection and contracting are subject to the availability of funding.

Eligibility: There are no eligibility restrictions based on the consultant's country of origin.

Consultant Profile: Corporate services are required. The Consultant will be a firm or a group of firms with previous project experience related to:

Carrying out similar assignments

Carrying out similar assignments in the region

The Consultant's expert team is expected to include the following key experts (the 'Key Experts'):

· Project manager with preferably at least 15 years managing similar assignments and working in PPD

· Investment expert with preferably at least 10 years experience in mobilising private investors

· Event expert with preferably at least 10 years experience managing similar events

· PPD expert with at least 10 years experience facilitating PPD

· Change management expert with preferably at least 10 years experience in working with the public sector

· Brand manager, with preferably at least 10 years experience in similar assignments

The key experts may be complemented by other team members to cover all tasks specified in the Terms of Reference. As such the list of key experts is not an exhaustive list of all skills and competencies needed to fulfil this assignment. Consultants should note that one person could have more than one role (e.g., the Team Leader could also be a specialist) and one role could be filled by more than one person.
All experts should be fluent in English.

Submission Requirements: The consultants are now invited to submit a completed Technical and Financial Proposal as per the standard templates and instructions available at:

Interested Consultants should make themselves familiar with these Standard Templates, Standard Instructions and Conditions of Contract in preparation of their proposals.

The Technical Proposal shall be submitted in English electronically via eSelection not later than the Closing Date, as one single PDF file. The technical proposal should not exceed 20 pages excluding the Declaration Form and CVs (Form 1- TP 1 and Form 1 – TP 6).
The Financial Proposal (Form 2 – FP 1 and FP2) shall be submitted in English separately by email only to the following e-mail address: Please indicate the Project number and title in the subject of your e-mail. Consultants are reminded of the requirement to ensure the confidentiality of the Financial Proposals. Consultants are reminded of the requirement to ensure the confidentiality of the Financial Proposals.

A Technical Proposal that contains elements of a financial proposal shall be declared non-responsive.

A Financial Proposal submitted together with the technical proposals via e Selection shall be declared non-responsive.

For the avoidance of doubt, technical proposals should be sent through eSelection and NOT to the above email address. Financial proposals should be sent to the above email address and NOT through eSelection or Bank Contact Person.

Bank Contact Person:

Elena Kolodiy
European Bank for Reconstruction and Development
One Exchange Square
London EC2A 2JN

Deadline to Submit Clarification Questions: Via e-mail to the Bank Contact Person not later than ten calendar days before the Closing Date.

Selection Method and Evaluation Criteria:

Technical Proposal Evaluation Criteria

(a) Firm's previous project experience in similar assignments (40%)

(b) Quality of the methodology proposed for the Assignment (30%)

(c) CVs of the Key Experts (30%).

The minimum technical score (St) required to pass is 70.

Opening of Financial Proposals

After the technical evaluation is completed, only the submissions which score 70 or above of the total marks available for the technical criteria will be eligible to have their financial proposals opened.

Combined Technical and Financial Evaluation

The lowest evaluated Financial Proposal (Fm) is given the maximum financial score (Sf) of 100. The formula for determining the financial scores (Sf) of all other Proposals is calculated as follows:

Sf = 100 x Fm/ F, in which “Sf” is the financial score, “Fm” is the lowest evaluated Financial Proposal, and “F” the price of the Proposal under consideration.

Proposals are then ranked according to their combined technical (St) and financial (Sf) scores using the weights (T = 80; F = 20) T + F = 100 as follows: S = St x T% + Sf x F%.

Important Notes:

The proposal validity period is 120 days from the deadline date for the receipt of submissions. During this period, the Consultant shall maintain its original Proposal without any change, including the availability of the Experts, the proposed rates and the total price.

The selection will be made from the Proposals received in response to this notification only, on the basis of the submission requirements and selection criteria set out in this Procurement Notice. The highest-ranked Consultant will be selected and invited to negotiate the contract, subject to availability of funding.

Any updates of and clarifications on this procurement notice shall be announced as updates on this notice, without any other notification. In the event of changes consultants will need to download the updated versions. Consultants are required to periodically check the notice for updates. Failure to take the updates into account while preparing the Proposal may result in disqualification or penalties to the scores in the evaluation.