Pro385 - RFT for the Provision of Debt Advisory Services

AI-generated analysis of the documents. Check the official notice and any amendments for current submission details.

1. At a glance

2. Scope of Work

This tender seeks to establish a multi-party framework for the provision of strategic debt advisory services to the Land Development Agency (LDA). The framework will cover a range of debt issuance and portfolio optimisation activities.

The scope of work includes, but is not limited to, the following key areas:

• Benchmark Public Bond Issuance Advisory: Providing comprehensive strategic debt advisory support for public bond issuances. This includes advice on:

• Issuance structure and market timing.

• Pricing strategy, including tenor and spread recommendations.

• Documentation review and commentary (e.g., prospectus, offering circular).

• Investor targeting strategy and engagement plans.

• Roadshow preparation, materials review, and management support.

• Order book dynamics advice and pricing recommendations.

• Post-issuance investor feedback and market reporting.

• Support for governance and approvals frameworks, including engagement with the Department of Finance and NewERA.

• Indicative transaction scale for evaluation: €250,000,000 and €500,000,000.

• Indicative duration: Approximately 3–5 months from mandate award to settlement.

• Green / Social Bond Issuance Advisory: Advising on the development or update of the LDA's sustainable finance framework for Green or Social Bond issuances. This includes:

• Engagement with a Second Party Opinion (SPO) provider.

• Transaction structuring and format recommendations.

• ESG investor targeting and roadshow support.

• Pricing strategy and order book advice.

• Post-issuance ESG allocation and impact reporting.

• Ongoing monitoring of regulatory and market standards.

• Indicative transaction scale for evaluation: €250,000,000 and €500,000,000.

• Indicative duration: Approximately 4–6 months from framework review to settlement, plus ongoing reporting support.

• Refinancing and Debt Portfolio Optimisation Advisory: Providing strategic advisory support for an existing debt portfolio. This involves:

• Comprehensive review of the existing debt portfolio and maturity analysis.

• Modelling of refinancing scenarios (minimum 3 scenarios).

• Assessment of market conditions and pricing.

• Recommendation of optimal structures and instruments.

• Lender/investor engagement and negotiation support.

• Independent covenant and terms assessment.

• Execution strategy and implementation support.

• Preparation of Board/Government briefing materials and governance documentation.

• Indicative debt portfolio size for evaluation: €250,000,000 and €500,000,000.

• Indicative duration: Approximately 3–5 months from mandate award to recommendation/execution.

The framework will be established for a term not specified in the provided metadata. Tenderers will be required to provide resource rates for various roles, including Partner/Managing Director, Director/Executive Director, Senior Debt Adviser, Treasury Specialist, ESG/Sustainable Finance Specialist, Financial Modelling Specialist, Analyst/Associate, and Administrative/Support staff. Pricing will be evaluated based on scenario-based exercises and resource rate cards.

3. Background & buyer context

The Land Development Agency (LDA) is procuring these services to establish a multi-party framework for strategic debt advisory. This initiative aligns with the LDA's mandate to unlock the potential of State lands for housing and other development. The LDA operates within a public governance and approvals framework, requiring engagement with entities such as the Department of Finance and NewERA. The procurement aims to ensure the LDA has access to expert advisory services for its financing activities, including public bond issuances and the optimisation of its debt portfolio. The establishment of a framework suggests a strategic approach to managing ongoing and future financing needs, rather than a single, discrete project.

4. Eligibility & selection criteria

• Turnover requirement: Not specified for this tender.
• Insurance: Not specified for this tender.
• Certifications: Not specified for this tender.
• Past experience: Not specified for this tender.
• Personnel: Not specified for this tender.
• Geographic / facility constraints: Not specified for this tender.

5. Award criteria & scoring

The award criteria are detailed in Schedule 4 of the RFT. The evaluation will be conducted using a formulaic approach for the "Costs (Proposed Fees)" criterion, which carries a weighting of 20% of the total award score.

Criterion Weight (%) Sub-criteria