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The Privatisation Commission has invited Expression of Interest (EOIs) from
reputable firms/consortium of firms to act as Financial Advisor for the
Pakistan Post Office Department (PPOD) transaction with a view to develop the
financial services of PPOD into a world class organization delivering
state-of-the-art financial services through the length and breadth of the
country by adopting a Public Private Partnership (PPP) mode.
It is envisaged that advisory services will be spread over three phases.
Phase-I will comprise a comprehensive due diligence of PPOD and identification
of key issues culminating with a report on transaction options that best meet
the government’s objectives. Depending on the transaction options approved by
the Government.
Phase II will commence and the FA will also be involved in assisting PC in
supervision of all activities leading to successful implementation of the
approved transaction option (including restructuring plan). Once PPOD has been
reorganized in line with the approved structure the FA will commence the
traditional Privatisation activities while (Phase III) ranging from invitation
of Expressions of Interest (EOIs) through to successful financial close.
Pursuant to receipt of the formal EOIs, interested parties will be provided
with the Request for Proposal (RFP) package including a Letter of Invitation (LOI),
including Terms of Reference (ToRs), transaction profile and other relevant
information/instructions on the submission of technical and financial
proposals.
The interested parties have been asked to submit EOI accompanied by a
non-refundable processing fee of US $ 2000/- (US $ two thousand only) or
equivalent Pak Rupees latest by October 20, 2009.