Transaction Advisor Contract Awarded for Nigeria's Digital Infrastructure Project
Contract Award Project: P508383-Building Resilient Digital Infrastructure for Growth - BRIDGE Loan/Credit/TF Info: - Bid/Contract Reference No: NG-FMCIDE-504062-CS-QCBS Procurement Method: QCBS-Quality And Cost-Based Selection Scope of Contract: Engagement of Transaction Advisor Notice Version No: 0 Date Notification o…
Source ID: WB-OP00428559
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As published by the source; may be updated by the buyer.
Scope overview
Contract Award Project: P508383-Building Resilient Digital Infrastructure for Growth - BRIDGE Loan/Credit/TF Info: - Bid/Contract Reference No: NG-FMCIDE-504062-CS-QCBS Procurement Method: QCBS-Quality And Cost-Based Selection Scope of Contract: Engagement of Transaction Advisor Notice Version No: 0 Date Notification of Award Issued (YYYY/MM/DD) 2026/02/19 Duration of Contract 24 Week(s) Minimum Qualifying Score 75 Awarded Firm(s): FBNQUEST MERCHANT BANK (1012329) 2, Broad Street Lagos Island Lagos, Nigeria Country: Nigeria Beneficial Ownership Details Form Date: 20-FEB-26 Name Nationality Residence Country Conditions Met Custodian Investment PLC NG Nigeria Directly or indirectly holding 25% or more of the shares, Directly or indirectly having the right to appoint a majority of the board of the directors or an equivalent, Directly or indirectly holding 25 % or more of the Voting Rights Scores Technical: 86.25 Consultant Specific Experience: 5 Methodology: 31.25 Key Personnel: 41.25 Transfer of Knowledge: 3.75 Participation by Nationals: 5 Financial: 100 Combined: 89.0 Rank: 1 Final Evaluation Price USD 1055525.81 Signed Contract Price USD 1130435.81 Price: Currency: Amount: United States Dollars (United States Dollars) 1130435.81 Evaluated Firm(s): DELOITTE & TOUCHE (455641) Country: Nigeria Final Evaluation Price USD 1350012.00 Price: Currency: Amount: KPMG NIGERIA (362753) Country: Nigeria Final Evaluation Price USD 1122938.86 Price: Currency: Amount: EMPLE (1020855) Country: Nigeria RAND MERCHANT BANK LIMITED (1020865) Country: Nigeria Final Evaluation Price USD 1250957.23 Price: Currency: Amount: Rejected Firm(s): PRICEWATERHOUSECOOPERS NIGERIA (1024131) Country: Nigeria AFRICA FINANCE CORPORATION (1024130) Country: Nigeria Final Evaluation Price USD 642755.00 Reason for Rejection Non Responsive Price: Currency: Amount: Agency: Federal Ministry of Communications, Innovation and Digital Economy Procurement method: Quality And Cost-Based Selection Notice type: Contract Award Status: Published Value: 1500000.0 USD
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