GUIDELINES
EXPRESSION OF INTEREST
Business Proposals for the Leasing of the Duncan Street Complex in Port of Spain
InvesTT is seeking proposals from interested parties to enter into a long term leasehold arrangement for e TecK’s
Duncan Street Complex in Port-of-Spain.
Prospective investors must meet the following criteria for eligibility:
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Indicate readiness to lease the entire asset in its current condition
Demonstrate the ability to bear all developmental costs associated with upgrading the asset
Outline the proposed developmental plans for the asset and the result on job creation
Illustrate how value will be added to the surrounding community based on the proposed use of the asset
Emphasize the main proposal elements that exemplify the case that the intended use is economically viable
and sustainable
Additional considerations:
1. The ENTIRE building must be leased.
2. Business services and commercial activities only will be accommodated at this location. Activities that may
cause environmental disruption to the nearby communities will not be considered.
3. Long-term leasehold arrangements are for a period of 99 years.
4. Standard commercial market lease rates will be applied as per e TecK’s current leasing policy.
5. The evaluation will involve - (1) InvesTT’s assessment of the viability of the business project and (2) e TecK’s
assessment of the proposed use of the property.
A site visit will be scheduled for August 27, 2014 at 10am. All interested are asked to meet in front of the Duncan
Street Complex by 9.45am. It is strongly recommended that you participate in the site visit prior to submission of
proposal.
Your submission should include the following:
1. A completed EOI form outlining (see attached):
a) Company description
b) Corporate Information:
Certificate of Business Registration/ Incorporation / Continuance, VAT Registration Certificate/Clearance
Income Tax Certificate, Notice of Registered Address.
c) Description of the business venture to be undertaken in the building
d) Market analysis
e) Organization and management structure
f) Service and/or product line(s)
g) Marketing and sales strategies
h) Employment projections
i) Projected project plan for refurbishment, outfitting and commencement of your proposed business
operations
j)
A schematic sketch of the proposed business operations showing the planned use of the building per
floor.
k) Estimated average financial turnover and profit margin of the chosen business proposal over the first
five year period
l) Funding requirements for the proposed development
m) References: a. Financial standing from a bank or other financial institution and b. Testimonial of
performance in similar type projects
n) Signed letter from authorized personnel indicating whether or not the Company has judgments and/ or
pending judgments, registered or unregistered.
2. The EOI’s should be addressed to:
The Procurement Department
Evolving Tecknologies & Enterprise Development Co. Ltd. (e TecK)
# 131 Uriah Butler Highway
Charlieville
Chaguanas, Trinidad & Tobago
3. For clarification, please contact the Procurement Department:
Phone: 675-1989
Email: kris.mohammed@eteck.co.tt
4. A summary of the all the questions and answers raised on the EOI will be communicated to all parties.