Discover a great job opportunity! Join the Capital Development Authority CDA and work with a fantastic team. Apply now for a rewarding career with Capital Development Authority CDA . Good luck! Don’t miss out!
Capital Development Authority (CDA): Hiring of Transaction Advisor/Firm for Kuri Enclave, Islamabad
The Capital Development Authority (CDA), one of Pakistan’s oldest civic organizations, was established in 1960 to develop and maintain the capital city, Islamabad, and its surrounding areas. Over the decades, the CDA has played a vital role in the city’s planning, design, and development, overseeing the construction of many iconic landmarks, government buildings, parks, and residential areas.
Contents
- 0.1 Consultancy Position at Capital Development Authority CDA
- 0.2 Name of Available Positions at Capital Development Authority CDA:
- 0.3 Scope of Work:
- 0.4 Advisory Services Include:
- 0.5 Eligibility Requirements:
- 0.6 How to Apply:
- 1 Submission Details:
- 2 Contact Information:
- 3 FAQs about the job opportunity with the Capital Development Authority for hiring a Transaction Advisor or a firm/consortium of firms:
Consultancy Position at Capital Development Authority CDA
Call for Expression of Interest (EOI)
CDA is looking to hire the services of a Transaction Advisor (TA), either a firm or a consortium of firms, with expertise in legal and financial advisory services. The firms must be registered with the Securities and Exchange Commission of Pakistan (SECP) and the Institute of Chartered Accountants of Pakistan (ICAP).
| Date Posted | 17 August, 2024 |
| Job Industry: | Government |
| Hiring Organization | Capital Development Authority CDA |
| Jobs Location | Islamabad |
| Expected Last Date | 03 September, 2024 |
Name of Available Positions at Capital Development Authority CDA:
- Transaction Advisor
Scope of Work:
- Phase 1: The selected TA will carry out a comprehensive feasibility study for the proposed transaction.
- Phase 2: If needed, the TA will provide advisory services to finalize the procurement and conclude the transaction.
Advisory Services Include:
- Conducting legal due diligence on the property.
- Performing a commercial assessment.
- Carrying out a financial feasibility assessment, identifying risks and their associated costs.
- Analyzing transaction structuring to ensure optimal value for money.
- Preparing transaction documents, including technical and legal support.
- Assisting in the execution of a competitive and transparent bidding process.
Eligibility Requirements:
Interested firms or consortiums must submit profiles demonstrating their experience in real estate advisory services, along with the following information:
- Registration: The firm or consortium must be registered with the Securities and Exchange Commission of Pakistan (SECP) and the Institute of Chartered Accountants of Pakistan (ICAP).
- Real Estate Experience: The firm should have experience in advising on large real estate projects. Specifically, they should have successfully handled at least two real estate transactions worth more than PKR 5 billion each in the last 10 years.
- Global Ranking: The firm should have a strong global presence, proven by their ranking in any recognized global league tables over the past five years.
- Tax Compliance: The firm must be registered with the Income Tax and Sales Tax Departments and should be an active taxpayer.
- Legal Standing: The firm or any of its associated members should not have been blacklisted by any government department or public sector organization.
- Financial Records: The firm should provide audit reports for the last three years to demonstrate financial stability and transparency.
How to Apply:
- EOI documents can be downloaded for free from the CDA website www.cda.gov.pk or obtained in person from the office of the Deputy Director-II P&CA-I, CDA Secretariat, G-7/4, Islamabad, upon payment of a non-refundable fee of Rs. 3,000.
- The Transaction Advisor/Firm or consortium must also be registered on the PPRA E-PADS portal to purchase and submit EOI documents.
- The selection process will follow the Quality and Cost-Based Selection (QCBS) method.
Submission Details:
- EOI must be submitted both online through the E-PADS portal www.eprocure.gov.pk and in hard copy to the office of the Director P&C-I, CDA, by 11:00 AM on 3rd September 2024.
- The EOIs will be opened publicly on the same day at 11:30 AM in the presence of the committee and authorized representatives of the bidders.
Contact Information:
For any queries, interested parties can contact the Focal Person, Mr. Ejaz ul Hassan, at 0334-5223066.
Note: The CDA reserves the right to reject all applications as per PPRA Rules 2004. The advertisement is also available on the CDA and PPRA websites.
Deputy Director-II P&CA-I, CDA
Block No III, Room No.28, CDA Secretariat, Sector G-7/4, Islamabad
Phone: 051-9252422
Latest Job Advertisement of Capital Development Authority CDA Jobs 2024
FAQs about the job opportunity with the Capital Development Authority for hiring a Transaction Advisor or a firm/consortium of firms:
1. What is the job opportunity?
The Capital Development Authority (CDA) is looking to hire a Transaction Advisor (TA) or a firm/consortium of firms to provide legal and financial advisory services for the Kuri Enclave project in Islamabad. The selected advisor will assist with conducting feasibility studies, legal and financial assessments, and guiding the transaction process.
2. Who is eligible to apply?
Firms or consortiums that meet the following criteria are eligible:
- Registered with the Securities and Exchange Commission of Pakistan (SECP) and the Institute of Chartered Accountants of Pakistan (ICAP).
- Proven experience in handling large real estate transactions, specifically with projects worth more than PKR 5 billion in the last 10 years.
- Registered with the Income Tax and Sales Tax Departments and hold active taxpayer status.
- Not blacklisted by any government department or public sector organization.
- Able to provide audit reports for the last three years.
3. What qualifications and experience are required?
The firm or consortium must:
- Have experience in real estate advisory services.
- Be globally recognized, as demonstrated by their ranking in global league tables in the last five years.
- Have successfully completed at least two real estate transactions valued at over PKR 5 billion each within the last 10 years.
4. What services will the Transaction Advisor provide?
The Transaction Advisor will:
- Conduct a comprehensive feasibility study.
- Perform legal due diligence and commercial assessment.
- Assess financial feasibility, including risk analysis.
- Structure the transaction for optimal value.
- Prepare transaction documents, offering technical and legal support.
- Assist in executing the bidding process and ensure successful closure of the transaction.
5. How can I obtain the EOI documents?
EOI documents can be downloaded for free from the CDA website www.cda.gov.pk. Alternatively, hard copies can be purchased from the office of the Deputy Director-II P&CA-I, CDA Secretariat, G-7/4, Islamabad, for a non-refundable fee of Rs. 3,000.
6. What is the process for submitting an EOI?
- The EOI must be submitted online through the PPRA E-PADS portal www.eprocure.gov.pk.
- A hard copy must also be submitted to the office of the Director P&C-I, CDA, by 11:00 AM on 3rd September 2024.
7. What should be included in the EOI submission?
The EOI should include:
- A profile demonstrating the firm’s experience in real estate advisory services.
- Proof of global ranking in league tables.
- Registration proof with Income Tax and Sales Tax Departments.
- Details of relevant real estate transactions.
- An undertaking confirming the firm has not been blacklisted.
- Audit reports for the last three years.
- Bid Security/Earnest Money of Rs. 1 million in the form of a Pay Order or CDR.
8. When will the EOI be opened?
The EOI submissions will be opened publicly on 3rd September 2024 at 11:30 AM in the office of the Director P&C-I, CDA Secretariat, G-7/4, Islamabad.
9. How will the selection be made?
The selection will be based on the Quality and Cost-Based Selection (QCBS) method, ensuring the best value for money and quality of services.
10. Who can I contact for more information?
For any queries, you can contact Mr. Ejaz ul Hassan, the focal person, at 0334-5223066.
If you are interested in this job opportunity with the Capital Development Authority for the role of Transaction Advisor, please ensure your Expression of Interest (EOI) is submitted both online through the PPRA E-PADS portal and in hard copy to the CDA office by 3rd September 2024, 11:00 AM.
Make sure all required documents and qualifications are in order before the deadline.
Good luck!
