Pakistan Post Office Department: PC invites EoIs for hiring of financial advisor

The Privatisation Commission (PC) 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 to make a world class organisation delivering state-of-the-art financial services across 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 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 reorganised 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. The interested parties have been asked to submit EoI accompanied by a non-refundable processing fee of $2000/- (dollar two thousand only) or equivalent Pak rupees latest by October 20, 2009.-PR