COSS and Rate Review Consultancy

Scope as published

REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES - FIRMS SELECTION) Country: Grenada Project: Caribbean Efficient and Green-Energy Buildings Project (P179519) Loan No.: Credit No./ Grant No.: IDA-77130 Assignment Title: COSS and Rate Review Consultancy Reference No .: GD-MCRERE-489829-CS-CQS The Government of Grenada (GOG) has secured funding through the World Bank (WB) to pursue the Caribbean Efficient and Green-Energy Buildings Project (CEGEB) Project. The Project Development Objective (PDO) is to increase the share of utility-scale renewable energy generation and private-sector participation in renewable energy development in Grenada. This consultancy supports the Public Utilities Regulatory Commission (PURC) in reviewing GRENLEC's retail tariff proposal. While the independent preparation or updating of a Cost-of-Service (CoS) Study is excluded from this scope, the Consultant shall evaluate the proposal against the established CoS framework and supporting regulatory documentation provided by PURC. the Commission seeks to engage the services of a qualified consulting firm to provide independent technical and regulatory advisory support during the review of the utility's retail tariff proposal, including assistance, where necessary, with stakeholder and public consultation processes undertaken in accordance with the Tariff-Setting Methodology Regulations, 2022. The detailed Terms of Reference (TOR) for the assignment can be obtained on the Government E-Procurement Portal https://in-tendhost.co.uk/gnd/aspx/Home The implementation period will be 6 months The Government of Grenada now invites eligible consulting firms ("Consultants") to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The Qualifications and Experience of Key Experts shall not be included in the expressions of interest and will not be evaluated at the shortlisting stage. The shortlisting criteria are: Minimum of ten (10) years of demonstrated experience providing electricity tariff review, utility regulation, regulatory economics, or related advisory services. Proven experience supporting regulatory authorities, utilities, or governments in electricity tariff-setting, tariff reviews, regulatory proceedings, or cost-of-service studies. Demonstrated expertise in utility financial analysis, revenue requirement assessments, tariff modelling, economic evaluation, and regulatory financial modelling. Proven track record in delivering institutional capacity building, knowledge transfer, technical training, and advisory support to regulatory agencies or utility sector institutions. Prior experience of the firm working on World Bank funded projects is preferable Experience working in the Caribbean region or similar island states. The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank's "Procurement Regulations for IPF Borrowers" February 2025 ("Procurement Regulations"), setting forth the World Bank's policy on conflict of interest. In addition, please refer to the following specific information on conflict of interest related to this assignment: The Bank requires that firms or individuals involved in Bank IPF procurement shall not have a conflict of interest. Consultants may associate with other firms to enhance their qualifications but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected. A Consultant will be selected in accordance with the Consultant Qualification Selection (CQS) method set out in the Procurement Regulations. To obtain the maximum degree of comparison among Expressions of Interests (EOIs) and facilitate the evaluation process, the EOI…

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