market sounding 3rd rev 5 20181004 final · 3rd market sounding ... request for proposal (rfp) 05...

3rd Market Sounding Preparation Stage for Draft Request for Proposal and Draft PPP Contract

for Map Ta Phut Industrial Port Development Project, Phase 3

5th October 2018

CONTENT

01

02

03

04

PROJECT OVERVIEW

PROJECT TIMELINE

PROJECT RISKS and PRIVILEGES

REQUEST FOR PROPOSAL (RFP)

QUESTIONS & ANSWERS 05

- Instructions to Tenderers - Contract Principles and Highlights - Technical Specification Highlights

2

This draft RFP has not been approved by Selection Committee and is used for market sounding purpose only

PROJECT OVERVIEW 01

Zone “A” Bulk-Liquid Product

Berth

Zone “B” LNG Terminal

Silt Pond

Zone “C” Tank Farm and Other

Natural Gas Supporting Businesses

Services Jetty

1. To enhance the carrying and cargo handling capacities of the berths for LNG and bulk-liquid products;

2. To make available more public berths;

3. To comply with the Eastern Economic Corridor (EEC) Development Plan; and

4. To maintain stability of the national energy.

Objectives

3 3


PPP Model

Model No.3 Private Sector investing on gas terminal would seek on financing both the excavation and reclamation while the IEAT to repay (invest) the same amount equally every year throughout the 30-year project period.

PPP Model

Expenses Revenue Infra-Structure

Funding Terminal

Investment and

Operations

Rental fee for

heartland and

hinterland

Goods service fee

Concession fee

Due to Terminal

Operations

Due to Government Participation

Model no.3 Gas-Terminal Investor

PROJECT OVERVIEW 01

4


PROJECT TIMELINE 02

2019 2020 2021 2022 2023 2024 2025-2054

Project Commencement

Year 2019

Phase 1 Infrastructure Phase 1 Infrastructure

Phase (2-1) Superstructure

Phase (2-1) Superstructure

Phase (2-2)Superstructure Phase (2-2)Superstructure

30 Years

2 Years

3 Years

Subsidy Payment 1st Year of Operation

LNG Demand Start

Year 2031

Infrastructure BTO

BOT – Project Handed Back to IEAT

Business Investment in Infrastructure

(12,900 MB) LNG Terminal

(5.0 M Tonnes) (16,500 MB) LNG Terminal

(Capacity Increased to 10.8 M Tonnes) (18,500 MB)

5


I R R K S S

PROJECT RISKS and CONCERNS 03

Public

Private

• Obtaining Permissions • Technical Risk • Commercial Operation

• Delay in EHIA Report Consideration

6 6


BOI PRIVILEGE 03

R P P V I I L I I G E E E

Announcement of the Board of Investment No. 3/2561 Investment Promotion Measures in the Eastern Economic Corridor (EEC) Tax exemption Tax deduction

7


REQUEST FOR PROPOSAL 04

Tender Process

Instructions to Tenderers

Contract Principles and Highlights

Technical Requirement Highlights

8


8

PROJECT TIMELINE 02

9


Pre-Tender Tender Tender Evaluation Tender Close-out

Month 2 Month 3 Month 4 Month 5 Month 6 Month 7

Invitation to Tender Invitation to Tender

Sale of Tender Documents Sale of Tender Documents Pre-Tender Meeting Pre-Tender Meeting

Month 1

Site Visit Site Visit

Due Diligence Due Diligence

Tender Preparation Tender Preparation

Tender Evaluation Tender Evaluation

Tender Negotiation Tender Negotiation

Selection of the Preferred Tenderer Selection of the Preferred Tenderer

Contract Review by SEPO, AGO, MOT Contract Review by SEPO, AGO, MOT

Month 2 Month 3 Month 4 Month 5 Month 6 Month 7

Invitation to Tender

Sale of Tender Documents Pre-Tender Meeting

Month 1

Site Visit

Due Diligence

Tender Preparation

Tender Evaluation

Tender Negotiation

Selection of the Preferred Tenderer

Contract Review by SEPO, AGO, MOT

04 Tender Process

10


10

04 Instructions to Tenderers

15%

20%

15%

30%

20%

Foreign Thai Thai

Thai Thai

19%

25% 19

%

37%

Thai Foreign

Foreign

Foreign

20%

25%

5%

30%

20%

Foreign

Foreign

Thai Thai

Thai

Legal Status & Qualifications

Single Thai Juristic Person

Consortium Joint Venture Company Acquisition

Business Registered 3 Years 3 Years (Each Shareholder)

3 Years (Each Shareholder)

3 Years (Each Shareholder)

Shareholding

Thai Shareholder Required > 25%

-

Total % of Thai Juristic Shareholders

- > 50% > 50%

> 50%

Other Individual Shareholders

- > 5%

> 5%

> 5%

Leading Shareholder -

-

Fees and Security Fees and Security

Qualifications Qualifications

Evaluation Evaluation

11


11


Average Net Worth for the Last 3 Years Amount (MB) Single Juristic Person ≥ 9,000

Each Shareholder ≥ 1,500

Total Business Value for those Registered (Joint Venture) and Not Registered (Consortium) for a New Juristic Person

≥ 9,000

Other Members or Shareholders Whose Financial Qualifications Were Not Referred to.

≥ 300

Letter of Intent or Cash and Cash Equivalent ≥ 26,000

Financial Status

Tenderer’s Experience Petroleum, Petrochemical or Gas Business Running Experience Capacity

Import and/or Export ≥ 1 Million Tonnes

Bulk Liquid, Gas, Petroleum or Petrochemical Production and Storage

≥ 1 Million Tonnes

Power Plant Business Running Experience Total Capacity

Independent Power Producer (IPP) or Small Power Producer (SPP) ≥ 500 MW

01 01




12


12





Tenderer’s Experience Industrial Port Operation of Berth with Transshipment Volume

≥ 1 Million Tonnes per Year

Commercial Port Operation of Berth with Transshipment Volume

≥ [•] TEU per Year

02 02

Dredging and Land Reclamation Area ≥ 300 Rai

Jetty Construction Contract Value ≥ 1,500 MB 03 03

All the past performances will be considered based on the following conditions: number of contracts achieved; year of project completion; domestic or overseas project; government- or state enterprise-owned; past experiences allowed in terms of joint venture/consortium contract or sub contractor; and availability of Work Certificate and contract copy issued by project owner.

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13


Tender

RFP Price 500,000 Baht

Tender Evaluation 500,000 Baht

Contract Signing [•] Million Baht

Tender Preparation Tenderer’s Responsibility Evaluation Evaluation


Qualifications Qualifications Tender Security

Bank Guarantee issued by Thai Financial Institution, Thai Bank or Foreign Bank with Branches in Thailand

2,400 Million Baht

Treasury Bond 2,400 Million Baht

Performance Security Performance Security

1.Contract Signing 2,400 MB

2. Start of Superstructure (Gas Berth) 1,800 MB

3 Years 2 Years

30 Years

3. End of Superstructure (Gas Berth) and Start to Operation 1,000 MB

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14





Envelope 1

Qualifications & Past Experience

Step 2: Each of the tenderers shall obtain ≥ [80%] of the total score. Total score of technical proposal is 100.

• Organizational Structure, Key Personnel Management Capabilities and Master Plan

• Approach, Methodology and Compliance of Documents in Terms of Dredging and Land Reclamation Techniques

• Approach, Methodology and Compliance of Documents in Terms of Berth and Port-Hinterland Construction Techniques

• Business Development in Port-Hinterland

Step 2: Each of the tenderers shall obtain ≥ [80%] of the total score. Total score of technical proposal is 100.

• Organizational Structure, Key Personnel Management Capabilities and Master Plan

• Approach, Methodology and Compliance of Documents in Terms of Dredging and Land Reclamation Techniques

• Approach, Methodology and Compliance of Documents in Terms of Berth and Port-Hinterland Construction Techniques

• Business Development in Port-Hinterland

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Step 1 : Pass/Fail and Scoring • Eligibility • Historical Contract Non-Performance

Envelope 2

Technical


15





Envelope 3

Price

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The tenderer shall propose the following: • The Proposal and Return on Investment with present value not exceeding the capital budget based on

Cabinet Resolution; • The “Public Investment Cost” which is equal to the total difference between the “Requested Government

Subsidy Amount” and the “Participation Fee Payable by the Private Sector”. • The “Requested Government Subsidy Amount” shall be identified in the amount equally paid for 30 (Thirty)

years, on an annual basis, after commencement of the business on LNG berth areas. • The “Participation Fee Payable by the Private Sector” shall be identified in the amount equally paid for 30

(Thirty) years, on an annual basis, after commencement of the business on LNG berth areas. The private sector shall not determine any payment terms or reduction of this “Participation Fee Payable by the Private Sector” in all cases.

• The tenderer with the lowest “Public Investment Cost” Net Present Value (NPV) shall be considered “the Envelope-3-Qualified Tenderer”.

The tenderer with lowest net present value proposal shall be considered qualified. The tenderer with lowest net present value proposal shall be considered qualified.


16





Envelope 4

Other Proposals

17

Envelope 4: Other Proposals in Enhancing Project Efficiency The Tenderer Evaluation Committee reserves the right whether or not to consider Envelope 4 (Four) proposal. In case of consideration, only proposal of the Envelope-3-Qualified Tenderer shall be taken into account. After that, negotiation process shall be initiated.

Preferred Tenderer Lowest Price Tenderer

1st Firm A

2nd Firm B

3rd Firm C

Rated by Technical Proposal

Scoring

≥ [80]%


17





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Qualifications of Special Purpose Vehicle (SPV) • The Successful Tenderer shall be registered as a new Thai juristic entity. • The Successful Tenderer shall provide suretyship or guarantee for performance of the

newly established firm. • The newly established Thai juristic entity should have and maintain the debt to equity

ratio (D/E ratio) at 3:1 as a maximum throughout the contract period. • Change of members and shareholding percentage; Phase 1: No change of members and shareholding percentage allowed Phase 2 :Change of members and shareholding percentage allowed upon IEAT’s

approval only. Registered Capital for SPV Registered Capital for SPV

1.Contract Signing 3,500 MB

2. Operation 9,000 MB

3 Years

30 Years (Phase 2)

2 Years

5 Years (Phase 1)


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04 Contract Principles and Highlights

ประกาศสานกงานเพอการพฒนาระเบยงเศรษฐกจพเศษภาคตะวนออก เรอง การประกาศเชญชวน วธการประกาศเชญชวน วธการคดเลอกของคณะกรรมการคดเลอก หลกเกณฑในการคดเลอกเอกชนรวมลงทน รายละเอยดของเอกสารการคดเลอกเอกชน และขอกาหนดมาตรฐานของรางสญญารวมลงทน พ.ศ.๒๕๖๐

1. คานยามและการตความ 7. กรรมสทธในทรพยสนทใชในโครงการ

2. ลาดบความสาคญและการบงคบใชของเอกสารทงหมดภายใตสญญารวมลงทน

8. ผลประโยชนตอบแทนระหวาง กนอ. และเอกชนคสญญา และมาตรการสนบสนนโครงการ

3. ความเปนมา วตถประสงค และขอบเขตของโครงการฯ 9. คาปรบ

4. ขอบเขตของงาน รปแบบการรวมลงทนและสทธและหนาทของคสญญาแตละฝาย

10. หลกประกนสญญา หนงสอรบประกน และการประกนผลงาน

5. ระยะเวลาของโครงการ 11. โครงสรางผถอหน กรรมการ ผบรหารของเอกชนคสญญา

6. การใหบรการและการดาเนนการของโครงการ 12. ภาษอากรและคาธรรมเนยม

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13. การใหความยนยอมในการกอภาระผกพน 21. ทรพยสนทางปญญา

14. ทปรกษาควบคมการกอสราง 22. การถายทอดเทคโนโลย

15. คณะกรรมการตรวจการทางาน 23. คารบรองและคารบประกน

16. - 24. ขอตกลงชดใชคาเสยหาย 17. การเปลยนแปลงงาน 25. การกากบดแลและการตรวจสอบการดาเนนโครงการ

18. ขอตกลงเกยวกบสงแวดลอม 26. เหตผดสญญา

19. นตบคคลแทนท 27. เหตสดวสยและเหตผอนผน

20. การทาประกนภยโครงการ 28. การใชอานาจเพอประโยชนสาธารณะ

20




29 . การสนสดของสญญารวมลงทน 37. -

30. การโอนกรรมสทธและ/หรอสงมอบทรพยสนทใชในโครงการเมอสญญารวมลงทนสนสดลง

38. ขอกาหนดทวไป

31. การใชเรอไทย

32. การใชแรงงานไทย

33. มาตรฐานฝมอชาง

34. การปรบเปลยนโครงสรางของ กนอ.

35. การวาจาง การเปลยนการวาจาง และการยกเลกสญญาจาง

36. การเขาทาและการสนสดสญญาทเขาทาโดยตรงกบผสนบสนนทางการเงน

21


04 Technical Requirement Highlights

18


Phas

e I

Dredging and Land Reclamation

Phas

e II

(2-1

)

LNG Terminal

Phas

e II

(2-2

)

LNG Terminal

(5.0 M Tonnes) (Capacity Increased to 10.8

M Tonnes)

22


18

Zone “A” Bulk-Liquid Product

Berth

Zone “B” LNG Terminal

Zone “C” Tank Farm and Other Natural Gas Supporting Businesses

Zone Area (Rai)

A 200

B 200

C 150

LNG Terminal LNG Terminal

Dredging & Land Reclamation


23



Scope of Work Design Codes and Standards

Breakwater & Revetment BS 6349 : British Standard for Maritime Structure CEM : Coastal Engineering Manual Technical Standards for port and harbor facilities

Dredging & Reclamation

Service Jetty

Road & Utilities

AASHTO: Standard Specifications for Highway Bridges

Regulation of the Industrial Estate Authority of Thailand With standard utilities. Facilities and Services For Eco Industrial Estate, 2014




24 24



Breakwater




25



Revetment LNG Terminal LNG Terminal



26



Service Boat Port




27



Road & Utilities LNG Terminal LNG Terminal



28



LNG Terminal




Scope of Work Design Codes and Standards

(a) jetty and LNG unloading arms; American Society of Mechanical Engineers (ASME)

American National Standards Institute (ANSI) American Petroleum Institute (API) National Fire Protection Association (NFPA) Occupational Safety and Health Administration

(OSHA)

(b) LNG storage tanks, including;

(c) LNG vaporization units;

(d) boil off gas facilities;

(e) general plant facilities;

(f) a berth and loading/unloading arms or lines for bargebased storage, if applicable;

(g) natural gas pipelines located within the battery limits of the Terminal;

(h) mooring facilities; and

(i) shoreline protection structures;

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LNG Terminal LNG Terminal LNG Terminal



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QUESTIONS AND ANSWERS 05

31


THANK YOU THANK YOU 32 32