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Request for Proposals - Development of a Business Case

Closing Date: August 5, 2020

 

Introduction

In 1997, as part of a resolution of legal issues surrounding the cancellation of the Kemano Completion Project in Northwestern British Columbia, the government of British Columbia and Alcan Inc. each contributed $7.5 million to create the BC-Alcan Northern Development Fund. The BC-Alcan Northern Development Fund Act was passed in 1998.

Nechako-Kitamaat Development Fund Society (NKDF), incorporated on August 18, 1999, is a provincial Crown Corporation established for the purpose of supporting sustainable economic activity in northern communities affected by the Kitimat-Kemano project and the creation of the Nechako Reservoir. The Board of Directors of the Society is appointed by the Minister of Jobs, Economic Development and Competitiveness from interested individuals from the region. The Society spends the income from its long-term investments on programs and projects that meet each community’s goals for sustainable economic deve¬¬lopment and community stability.

 

Statement of Request

The NKDF Board of Directors is inviting qualified consultants or firms to submit proposals to research and develop a business case with which to approach potential funding organizations to increase capital to sustainable levels to serve the investment area.

 

Submission Information

Proposals to undertake this work will be received until August 5th, 2020 at 5:00 p.m., Pacific Daylight Time (the “Closing Time”). Proposals must quote “NKDF Business Case” in the subject line of the covering email.

Proposals must be submitted in pdf format Attention to Dan Boudreau.

E-mail: manager@nkdf.org
Phone: 250.964.4066
Website: http://www.nkdf.org/

Proposals submitted in response to this RFP are done on a voluntary basis. NKDF is under no obligation to accept the lowest bid or any proposal submitted.

 

Project framework

The business case is a part of NKDF’s goal to increase its capital base from which to provide economic and community-building grants to the organizations and communities throughout the investment area.

NKDF wishes to retain the services of a qualified consultant or consulting firm to research and develop a business case, to be used in the Board of Directors’ efforts to obtain funding from potential sources.

The work is expected to begin on September 2, 2020 and to be completed by October 30, 2020.

The project budget is not intended to exceed $25,000, excluding GST.

Scope of Work

The scope of work required by this RFP involves work in the following main areas:

1. Develop a comprehensive inventory of economic development and community-building grant options currently available to organizations and communities in the NKDF investment area (as defined at www.nkdf.org).
2. Survey community stakeholders in the NKDF investment area to identify their economic development and community-building needs, which of those needs are currently met, and potential opportunities for NKDF to expand its service.
3. Research potential sources of capital for NKDF and the steps needed to request capital. Select three to five of the most promising sources to approach, to be approved by the Board of Directors.
4. Building on strengths and uniqueness of NKDF, and the needs of the communities in the investment area, produce a written business case that draws on the pertinent information gathered in the above steps, in a manner and format that is accepted by the NKDF Board.
5. Be available for videoconference or teleconference meetings to provide the Board or working group updates as necessary for NKDF to review progress.

 

Deliverables

The selected Proponent will be required to deliver the following for this project:

• A written business case and executive summary for the scope of work as defined, including any limitations of analyses or findings.
• Present the final draft business case to the NKDF Board of Directors.
• Provide NKDF with a complete set of final copies of working files (docx, xlsx), as well as a final copy of the business case in pdf format.

 

Suggested Proposal Format and Evaluation

All proposals should include the following in the order presented below:

• Cover Letter.
• Project understanding and overview of proposed methodology.
• A suggested table of contents for the proposed business case.
• Qualifications and experience.
• Work Plan/Project Schedule.
• Pricing.
• 1-3 samples of related work completed within the last five (5) years.

Interested parties are asked to email Dan Boudreau at manager@nkdf.org with any questions.