Expression of Interest For Caribbean Airport Concession Project - Environmental And Social (E&S) Consultant

Expression of Interest for Caribbean Airport Concession Project - Environmental and Social (E&S) Consultant The PPP Transaction Advisory Department of the International Finance Corporation (IFC), a member of the World Bank Group, is in discussions with the government of a Caribbean country (the Government or the Client) to provide support on due diligence, structuring, and implementation of a concession transaction for the capacity expansion and long-term operation of an international airport in the referred country (the Airport and the Project). IFC seeks an Environmental and Social (E&S) Consultancy to assist IFC and the Client with the E&S aspects of the Project, including an E&S diagnostic of the Airport and review of the operators material E&S compliance history, identification of E&S gaps and risks associated with the proposed investment program, climate risk screening, review of environmental licenses and permitting requirements, and development of E&S covenants and monitoring arrangements for the Project Agreements, informed by the IFC Performance Standards. The Consultant is expected to combine international experience in E&S matters related to infrastructure transactions and knowledge of the IFC Performance Standards and applicable local legal and regulatory E&S frameworks. Background The Airport is the countrys principal international gateway and the main point of entry for tourism, a crucial driver of its service-based economy. Passenger traffic is expected to continue growing, putting pressure on terminal, airside and landside capacity, while exposure to hurricanes and other climate events increases the need for resilient infrastructure. The Client is therefore seeking to secure the Airports capacity expansion and long-term operation under a concession, with climate-smart and resilient design, a better passenger experience, service quality sustained over the long term with independent oversight, and a simple, transparent and internationally benchmarked compensation framework. IFC will act as lead transaction advisor for the Project. The rationale for pursuing the Project as a concession is to attract private sector investment and expertise and increase the pace of infrastructure development. The Client retains sole decision-making and signing authority throughout the assignment. Objective of the Assignment The objective of the assignment is for the Consultant to assist IFC in its role as the lead transaction advisor, providing independent environmental and social assessments to support the structuring, negotiation and documentation of the proposed Airport expansion and associated concession arrangements. Tender Link : https://wbgeprocure-rfxnow.worldbank.org/rfxnow/public/advertisement/7410/view.html