This presentation was delivered by Andrew Dupigny, Head, Infrastructure Partnerships, CDB, at the Caribbean Infrastructure Finance Forum in The Bahamas on December 6, 2016. For more information about the United Kingdom Caribbean Infrastructure Partnership Fund, visit www.caribank.org.
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UKCIF - Deploying GBP300 million for Infrastructure
1. UKCIF – DEPLOYING THE 300 MILLION
GBP FOR INFRASTRUCTURE
CARIBBEAN INFRASTRUCTURE FINANCE FORUM
Andrew F. Dupigny
Head, Infrastructure Partnerships
Caribbean Development Bank
December 6, 2016
2. Caribbean Development Bank
Who are we?
• A member of the Multi-Lateral Development Bank Community
• A Regional Development Bank Serving the Caribbean Region
• The CDB was established in 1970 to contribute to the
harmonious economic growth and development of the member
countries in the Caribbean
• Members of the CDB are either states and territories of the
Caribbean region or non-regional states, which are members of
the United Nations
3. Regional Borrowing Members
Anguilla Haiti
Antigua and Barbuda Jamaica
The Bahamas Montserrat
Barbados St. Kitts and Nevis
Belize Saint Lucia
British Virgin Islands St. Vincent and the Grenadines
Cayman Islands Suriname
Dominica Trinidad and Tobago
Grenada Turks and Caicos Islands
Guyana
5. United Kingdom- Caribbean Infrastructure
Partnership Fund (UKCIF) Overview
• Total Fund Amount - £300 mn
• Country Infrastructure Component -
£282.75 mn
• Countries may utilise cofinancing in
order to finance larger projects (UKCIF
resources must compose majority
financing)
6. UKCIF Country Allocations
Indicative allocation by Country of Fund UKP (mn)
Belize 15.0% 42.4
Dominica 9.1% 25.7
Grenada 8.2% 23.2
Guyana 18.8% 53.2
Jamaica 18.8% 53.2
Montserrat 5.1% 14.4
Antigua and Barbuda 4.9% 13.9
St. Lucia 10.1% 28.6
St. Vincent/Grenadines 9.9% 28.0
100.0% 282.7
7. Project Eligibility
• Both a Technical Assistance (TA) and capital projects will be eligible
for financing from UKCIF. TA interventions from feasibility, through
to preparation, implementation and evaluation of infrastructure
projects will be eligible.
• Projects should be critical drivers of economic growth and be able to
deliver an Economic Rate of Return of at least 12%. Project will be
assessed to ensure compliance with environmental (Incl CVA),
social and gender safeguards.
• Projects must be of an infrastructure nature. Examples of eligible
infrastructure projects include roads; bridges; sea defences;
seaports; airports; water/sanitation/wastewater; and irrigation.
Renewable energy and energy efficiency projects are also eligible
for financing from UKCIF.
8. Process
• Countries/Territory submit project profiles to CDB. (2/3 per country
max)
• Screening by CDB/DFID to see if proposed projects meet eligibility
criteria.
• Determination as to whether Technical Assistance relating to
Feasibility/Design Studies etc.
• Appraisal of Capital Projects in accordance with requisite CDB polices
and guidelines
• Procurement of all contracts in accordance with CDB guidelines.
• Certification by independent consultants a requisite for payment by
CDB.
10. Indicative capital projects
Project Name/Type Cost UKP mn
(a) Road Upgrade (A&B) 22.6
(b) Road Re-Construction (Dom) 20.0
(c) New Road Construction (Blz) 43.3
(d) Road Rehab/Upgrade (Blz) 30.0
(e) Coastal/Riverine Infrastructure (Guy) 43.6
(f) New Road Construction (Guy) 62.5
(g) Water Supply Improvement Project
(Gnd)
11.0
(h) Road Rehab/Upgrade (Gnd) 20.0
(i) Irrigation Project (Jam) 33.0
(j) Irrigation Project II (Jam) 20.2
(j) Port Development Project (Mon) 14.4
(k) Port Development Project (SVG) 74.0
Total 394.6
11. Potential opportunities – Capital projects
Key features:
• Need for economy and efficiency
• Equal opportunity for bidders from all CDB member countries
• Encouraging development of contractors in BMCs
• Transparency in procurement process
Through:
• ICB (In most cases appropriate)
• Alternative contract options that attract interest of both small
and large firms– Individual Contracts (Slices), or Group of
Similar Contracts (Package).
12. Project procurement
Key features:
• Recipients responsible for executing procurement and enter
into contracts with consultants, suppliers and contractors
• CDB plays a supervisory role to ensure funds used for their
intended purpose and that Bank’s procurement guidelines are
followed
• Awards only made to firms meeting appropriate financial and
work experience criteria
13. Who can participate?
Eligibility:
Restricted to individuals and firms from CDB member countries
• Individuals: citizens or bona fide residents of member countries
• Firms:
• legally incorporated or otherwise organised in an eligible country principal place
of business in an eligible country
• >50% beneficially owned by citizen(s) and/or bona fide resident(s) of eligible
country(ies) or by eligible body(ies) corporate
14. Project procurement policies and procedures
• Procurement undertaken in accordance with CDB
procurement guidelines
• CDB standard bidding documents/forms of contract used for
international bidding
• Procurement policy, procedures and documents harmonised
with other development banks
• CDB procurement policy and procedures are utilised for large
programmes fully or partially financed by other partners
including: UK-Caribbean Infrastructure Partnership Fund,
Sustainable Energy Fund, and Sustainable Energy for the
Eastern Caribbean Program
15. Project procurement policies and procedures
Guidelines for Procurement
(Goods, Works and Non-Consultancy
Services)
Guidelines for Selection and
Engagement of Consultants
(Consultancy Services – Firms and
Individuals)
16. How to identify opportunities
Business intelligence prior to formal procurement process:
• CDB Strategic Plan 2015-19:
www.caribank.org/uploads/2012/05/BD-Paper_StrategicPlan_2015-
19_Final_For_PublicDisclosure-Final.pdf
• Country Strategy Papers: www.caribank.org/countries/country-
strategies
• Board papers and project announcements for approved projects:
www.caribank.org/projects/approved-projects
• Government strategies/development plans and budgets
• Direct engagement with government agencies
17. Where are opportunities advertised?
Good/Works/Non-consultancy Services and Consultancy Services >$150,000
18. Register of Consultants
• Access: https://rocs.caribank.org or through “projects” tab on website
• Open to firms and individuals
• Information used for CDB consultancy procurements and to assist
recipients undertaking project procurement
• Provides consultants with e-mail updates on new procurement
opportunities