Risk Management Training And Development Of An Enterprise Risk Management Framework

Last Updated 12 years ago by Kenya Engineer

Type : Tender ( EOI )

Category : Professional Services , Other Professional Services

Ref No : GDC/ARC/EOI/025/2014-2015

By : GEOTHERMAL DEVELOPMENT COMPANY (GDC)

Closing : Tue, Dec 02, 2014 14:00

Eligibility : Kenya

GEOTHERMAL DEVELOPMENT COMPANY (GDC)

REQUEST FOR EXPRESSION OF INTERESTS (EOI)

FOR

RISK MANAGEMENT TRAINING AND DEVELOPMENT OF AN ENTERPRISE RISK MANAGEMENT (ERM) FRAMEWORK CONSULTANCY SERVICES

TENDER REF NO: GDC/ARC/EOI/025/2014-2015

1.0 INTRODUCTION

Geothermal Development Company (GDC) is 100% state-owned corporation registered under the Companies Act (CAP 486); it was incorporated in 2008 as a special purpose vehicle to accelerate the development of geothermal energy in Kenya. GDC falls under the Ministry of Energy (MoE). The Company has offices in Nairobi, Naivasha and Nakuru towns with most of its operations in Menengai Caldera in Nakuru. Surface exploration activities are underway in the North-Rift areas of Baringo and Turkana counties.

2.0 SCOPE OF THE ASSIGNMENT

GDC has a responsibility to manage both internal and external risks as a key component of good corporate governance and is committed to embedding risk management into the daily operations of the company; from the setting of objectives, to financial planning towards achieving the set objectives, through to departmental processes established. In a bid to achieve this, the company intends to engage a consultant to carry out a Risk Management Training and development of an Enterprise Risk Management Framework.

The consultant will;

Provide training and sensitization on Enterprise Risk Management to the Board of Directors, Management and Risk Champions.

Formulate an Enterprise Risk Management framework that aligns GDC’s risk management practices with best practice guidelines.

The proposed framework should include;

The governance and reporting structures for risk management

A suitable basis for quantifying and prioritising key risks identified. (Risk Measurement Guidelines).

A system that will ensure the regular and continuous identification, assessment and quantification of key risks to the business.

Guidelines for assignment of accountability and responsibility.

Guidelines for linking Risk Management with Performance Appraisal.

Any other proposals that will improve the framework

3.0 QUALIFICATION REQUIREMENTS/EVALUATION CRITERIA

The Geothermal Development Company (GDC) now invites eligible consultants to indicate their interest in providing this Service. Interested consultants must provide information indicating that they are qualified to carry out the task. Consultants may constitute joint-ventures to enhance their chances of qualification. Interested consultants are required to submit applications in English language with the following specific informational :-

A brief profile of the consultant/firm including description of the firm or consortium members’ incorporation details (Attach copies of Articles and Memorandum of Association, Certificate of Incorporation or Joint Ventures Agreements where applicable)

A description of relevant experience in carrying out at least two (2) similar assignments in the last five (5) years.

Availability of appropriate skills among staff, provide CVs of key staff proposed for the assignment.

A declaration of no conflict of interest in providing similar sen/ices to GDC

Only firms shortlisted under this procedure will be invited to submit their technical and financial proposals.

Interested consultants may obtain further information in writing at the address below during week days.

Manager, Supply Chain

Geothermal Development Company Limited

Riverside Drive,

P.O. Box 100746-00101

Nairobi, Kenya

dkyaka@gdc.co.ke copied to: rolonde@gdc.co.ke and pkapto@gdc.co.ke

The responses to the EOI clearly marked “GDC/ARC//EOI/025/2014-2015 – Expression of interests (EOI) for RISK MANAGEMENT TRAINING AND DEVELOPMENT OF AN ENTERPRISE RISK MANAGEMENT FRAMEWORK CONSULTANCY SERVICES” should be addressed to:

THE MANAGING DIRECTOR,

GEOTHERMAL DEVELOPMENT COMPANY LTD

P.0 BOX 100746-00101

NAIROBI

and deposited in the tender Box provided on the 2nd Floor, GDC Riverside Office, not later than 2nd December 2014, at 2.00PM (1400Hrs).

The responses will be opened immediately thereafter in the presence of firms representatives who choose to attend at GDC Riverside Boardroom.

Late applications will not be accepted.

MANAGER, SUPPLY CHAIN