Request for Expression of Interest: Procurement of Services

Enhancing Investment Frameworks in Tuvalu through Policy and Legislative Reforms

Consultancy type:
Individual, consulting firm or consortia of individual consultants or multiple.

Activity No.:
Act.084_Investment Policy Review, AUD $100,000 (inc of travel and all project related costs).

Background:
The PACER Plus Implementation Unit (PPIU) invites Expressions of Interest from suitably qualified locally and international based candidates who wish to provide services for Enhancing Investment Frameworks in Tuvalu through Policy and Legislative Reforms.

Tuvalu is poised to significantly enhance its investment environment, leveraging the provisions of PACER Plus to bolster both foreign and domestic investment. This initiative aims to review and reform key investment-related legislations, namely the Foreign Direct Investment Act and the Partnership Act, alongside developing a comprehensive National Investment Policy. These efforts are crucial for aligning with international best practices, attracting investment, and fostering economic growth. Additionally, this initiative is aligned with Tuvalu's National Development Plan, ensuring that investment enhancement efforts contribute to the broader goals of national development and prosperity​​.

Expected Outcome & Deliverables:

• Conduct a thorough review of Tuvalu's Foreign Direct Investment Act and Partnership Act, identifying gaps and areas for improvement.
• Draft appropriate amendments to the existing investment legislation.
• Undertake consultations and analysis to Develop the Tuvalu National Investment Policy.

A Terms of Reference detailing primary duties, specific skills and experience requirements, including selection criteria can be found HERE.

Submission Guidelines:

Expression of Interest should include at minimum:

• Technical Submission: A cover letter containing an introduction to the (individual, consulting firm, consortia), a brief description of the methodology and approach to the activity, highlighting any relevant previous experience in delivering comparable services or meeting expected outcomes through earlier work (no more 2-3 pages).
• For Individuals/Consortia of Individuals – a current CV, demonstrating how their qualifications, skills and experience, and personal specifications can efficiently and effectively deliver services required.
• For Consulting Firms – a list of key staff resources and highlight any particular skills or experience of the key staff relevant to the delivery of services. CVs may be included as well. Any other relevant documentation that contributes to demonstrating the candidate's capacity to meet the selection criteria.
• Financial Submission that details a proposed total cost of consulting fees to deliver outputs and outcomes defined in the Terms of Reference. A daily rate for identified consultants should be included (inclusive of management fees), or at a minimum, a cost break down of consulting fees for each output/deliverable (inclusive of management fees). Costs for travel and other activity-related costs should be separated to objectively assess cost for consulting services. (no more than 1 page).

Selection Process:

The PPIU will select the preferred candidate based on the following process:

• Technical Submission Assessment, scoring candidates based on their demonstrated ability to deliver services and meet the selection criteria identified in the Terms of Reference. The Technical Assessment Score will account for 80% of the overall score.
• Financial Submission Assessment, scoring candidates based on their Financial Submission. The Financial Assessment Score will account for 20% of the overall score.
• If required, candidates may be asked to attend an interview (most likely virtually). Candidates will be scored based on their response to a series of questions.
• Any incomplete submissions will not be considered.

Deadline for Submissions:

Submissions need to be submitted via email to the PPIU to [E-Mail not displayed] by 11:59pm (Samoa time), Thursday 18th April, email title EOI: Tuvalu Investment. Any clarification questions from applicants may be submitted by email to [E-Mail not displayed]

PPIU is an equal opportunity employer and is committed to child protection. We encourage women, men, and people living with disabilities to apply. Only short-listed candidates will be called for interviews.