Economic Regulation Advisor
Job Description
REQUEST FOR EXPRESSIONS OF INTEREST (REOI)
Country:
Federal Government of Somalia (FGS)
Name of Project:
Somali Electricity Sector Recovery Project (SESRP)
Project ID:
P173088
Grant No.:
IDA – D9310
Assignment Title:
Economic Regulation Advisor
Reference No.:
SO- MOEWR-437018-INDV
Place of assignment:
Mogadishu, Somalia.
1. Background
The Federal Government of Somalia FGS) has a received a grant from The World Bank to implement the Somali Electricity Sector Recovery Project (SESRP). The Project Development Objective is to increase access to lower cost and cleaner electricity supply in the project areas and to reestablish the electricity supply industry.
As part of the re-establishment of the Electricity Supply Industry (ESI), the FGS has recently enacted Electricity Law and established the National Electricity Authority (NEA). The NEA key mandate is to regulate the electricity sector. In this regard, the MoEWR seeks to apply part of the proceeds of the SERP project to recruit an Economic Regulation Advisor to support NEA undertake economic regulation activities towards the operationalization and implementation of an effective regulatory framework.
2. Scope of Work and Responsibilities:
The scope of work for the assignment includes but not limited to the following tasks:
The Economic Regulation Advisor is expected to Support NEA in developing and institutionalizing an effective economic and financial regulatory framework to support the sector achieve economic and financial viability in the electricity service delivery. This includes but is not limited to (i) Establishing an effective tariff regulation covering all economic and financial aspects to achieve fair tariffs while ensuring licensee viability; (ii) Support NEA in ensuring economic and financial compliance of the ESPs and other industry operators; (iii) Determining appropriate tariff structures and pricing levels of electricity ESPs, and PPP entities, and evaluating the efficiency of their financial operations; (iv) Developing appropriate policies, procedures, and standards for pricing and tariffs; (v) Oversee sector economic and financial regulation planning activities for the short-term, medium, and long-term and; (vi) Collecting and analyzing data, providing recommendations to inform policy and regulation. The Economic Regulation Advisor shall perform all other specific tasks detailed in the Terms of Reference (TOR) for the assignment that can be found at the following website: www.moewr.gov.so or can be provided upon submission of application in person or by e-mail provided below.
Skills and Qualifications
1. Selection Criteria:
Selection shall be based on the qualifications and experience of the candidate and followed by an interview. The minimum qualification, experience and skills should include:
At least a bachelor’s degree in quantitative economics, Statistics, Econometrics, Business Administration, Finance, and Accounting or their equivalent from a recognized University. Any other post-graduate training in project management shall be an added advantage; at least 5 years of experience in the public sector, International Development Agencies, or Regulatory institutions in Sub-Saharan Africa or another similar Emerging Economy; Demonstrated practical experience in power systems demand forecasting and econometrics, modeling, tariff structuring, and related analyses, Membership/Affiliation with a related professional body shall be an added advantage; Demonstrated practical experience in projects monitoring and evaluation; Knowledge of electricity systems, particularly renewable energy, transmission, and distribution systems shall be an added advantage; and Fluency in Somali language and English (oral and written).
2. Duration:
The consultant will be engaged for a period of two (2) years with an extension based on project duration and satisfactory annual performance evaluation.
3. The Ministry of Energy and Water Resources now invites eligible Individual Consultants to indicate their interest in providing these services. Interested Individual Consultants must submit the following (i) Curriculum Vitae (CV), (ii) Copies of certificates of academic qualifications, (iii) 3 reference persons; and (iv) Expressions of Interest (EOI) indicating that they are qualified to perform the services.
4. The attention of interested Consultants is drawn to paragraphs 3.14, 3.16 and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers: Procurement in Investment Financing Goods, Works, Non-Consulting and Consulting Services dated September 2023 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
5. A Consultant will be selected in accordance with the Individual Consultants Selection method set out in the World Bank’s Procurement Regulations.
How to apply
Interested Consultants may obtain further information including a detailed Terms of Reference at the address given below from 8:30 to 3.30pm Mogadishu time (Excluding public holidays).
Interested Individual Consultants must submit (i) Curriculum Vitae (CV), (ii) Copies of certificates of academic qualifications, (iii) 3 references persons, (iv) Expressions of interest (EOI), and must be delivered (in person or by e-mail) in a written form in three (3) hard copies (if not by e-mail) to the address below by 31st August 2024 at 4:00 PM (Mogadishu Time) – Subject marked clearly as – Application for Economic Regulation Advisor.
Project Implementation Unit (PIU),
Ministry of Energy and Water Resources, Federal Government of Somalia,
Email: sesrp.procurement@gmail.com
