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Consultancy Services for the Engagement of Independent Verification Agents (IVA) for DARES Project for Southern Region of Nigeria — Nigeria Distributed Access through Renewable Energy Scale-up Project (Nigeria)

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Contract Award

Project: P179687-Nigeria Distributed Access through Renewable Energy Scale-up Project

Loan/Credit/TF Info: IDA-74680

Bid/Contract Reference No: REA-NEP/DARES/C/QCBS/054/2025

Procurement Method: QCBS-Quality And Cost-Based Selection

Scope of Contract:

Consultancy Services for the Engagement of Independent Verification Agents (IVA) for DARES Project for Southern Region of Nigeria

Notice Version No: 0

Date Notification of Award Issued

(YYYY/MM/DD) 2026/06/18

Duration of Contract

24 Month(s)

Minimum Qualifying Score

75

Awarded Firm(s):

ADVAD LTD (1108821)

Plot 7 Lateef, Jakande Road, Opposite Zenith Bank Agidingbi-Ikeja Lagos Country: Nigeria

Scores

Technical:

84.40

Consultant Specific Experience:

9.13

Methodology:

17.31

Key Personnel:

52.96

Participation by Nationals:

5

Financial:

2.02

Combined:

73.09

Rank:

2

Final Evaluation Price

NGN 1428207250.00

Signed Contract Price

NGN 1428207250.00

Price:

Currency:

Amount:

Nigerian Naira (Nigerian Naira)

1428207250.00

Evaluated Firm(s):

KPMG PROFESSIONAL SERVICES (1108808)

Country: Nigeria

Final Evaluation Price

NGN 2302174150.28

Price:

Currency:

Amount:

DEVEMERGE GLOBAL CONSULTANCY PRIVATE LIMITED (1108816)

Country: India

Final Evaluation Price

NGN 2193400996.00

Price:

Currency:

Amount:

FINPACT CONSULTING (1108814)

Country: Nigeria

Final Evaluation Price

NGN 144440000.00

Price:

Currency:

Amount:

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