Project Appraisal Support and Capacity Building for Final Beneficiaries for Post-earthquake Reconstruction Framework Loan

Item Description:

The European Investment Bank Group (EIB Group) is made up of the European Investment Bank (EIB) and the European Investment Fund (EIF). For the purposes of this Call for Tenders, the EIB Group is represented by the EIB.

The EIB is the financing institution of the European Union (EU). Created by the Treaty of Rome, its shareholders are the EU Member States, and its Board of Governors is composed of the Finance Ministers of these States. The EIB enjoys its own legal personality and financial autonomy within the EU system.

The EIB contributes towards the integration, balanced development and economic and social cohesion of the EU Member States. To this end, it raises on the markets substantial volumes of funds that it directs on favourable terms towards financing capital projects in accordance with the objectives of the EU. Outside the EU the EIB implements the financial components of agreements concluded under European development aid and cooperation policies. The EIF supports Europe’s SMEs by improving their access to finance through a wide range of selected financial intermediaries. To this end, the EIF designs, promotes and implements equity and debt financial instruments which specifically target SMEs. In this role, the EIF fosters EU objectives in support of entrepreneurship, growth, innovation, research and development, and employment.

More background information about the EIB may be found on the website http://www.eib.org. For further information on the EIF, please consult its website http://www.eif.org.

Objectives of this tender

The objective of this TA is to provide support to the final beneficiaries of the EIB post-earthquake reconstruction framework loan with due diligence, implementation and monitoring activities. The multi-sector framework loan aims at financing the reconstruction of small-scale damaged infrastructure to cope with the consequences of the earthquake of 16.4.2016 that ravaged large areas of western Ecuador. The loan focuses on the provinces of Manabi, and Esmeraldas. The reconstruction will comply with anti-seismic measures and the Ecuadorian Construction Building Code.The TA operation will: (i) support the municipalities, which are the final beneficiaries of the EIB loan, to carry out due diligence and implement a viable pipeline of sub-projects to ensure a territorial approach and improvement of livelihoods; and (ii) strengthen resilience to seismic and geotechnical risks.

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