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: