The University of Embu (UoEm)
EUC has experienced a rapid increase in enrollment with 2,723 students currently enrolled, up from 120 in 2012 and 486 in 2013. A growth rate of 8% is anticipated going forward, suggesting that the number of students will increase to a total population of 5,879 by 2025, and will continue to increase to 8,638 students by 2030. Currently the accommodation gap at EUC reflects a shortfall of just over a 1,000 students. (2,723 current students minus 1,650 total accommodation provided by private and campus hostels). Assuming that EUC is unable to provide any further accommodation, and that private hostel accommodation grows by 5%, the total available hostel capacity in 2030 will be 2,679. This will be substantially below the projected student population in that year. Thus the accommodation gap is expected to be 5,958 in 2030. Acknowledging that the private sector will continue to play a role in providing accommodation for its students, EUC has a long-term goal of providing on-campus hostel accommodation to 60% of its student population in the future. This would require a growth in hostels of 3,575. The University thus seeks to develop accommodation for 4,000 students including the related bulk infrastructure.
The project involves construction, operation and maintenance of a student Hostel Complex within the University. It is proposed that the complex should cater for undergraduate and postgraduate students.
A feasibility study, which involved assessing the most feasible site as well as appraising the project’s technical, financial, legal, financial and environmental aspects, has been carried out. The feasibility study has found out that delivery of this project as a PPP provides the best Value for Money (VfM) to the University as contrasted to a publicly delivered project. This will result from private sector innovation in developing the facilities as well as efficiencies in operating and maintaining the hostels.
Genesis Analytics (Pty) ltd and Crisil Infrastructure Advisory in association with PKF Consulting ltd lexicon-ion and MMC Africa Law, Lloyd Masika, Tandem &Stark Kenya. The TA will provide all the needed support, inputs, documentation, services and content for the project to achieve successful financial close during the different key stages of the project: a. Feasibility study, including assessing PPP viability and PPP options, technical due diligence and preliminary (shadow) engineering design, environmental, social and gender safeguard considerations, financial analysis and modeling and modeling and overall transaction structuring. b. Project marketing, including drafting the information memorandum and road show presentations. c. Pre-qualification documentation and process data room design and documentation, if needed. d. Bid documentation;including RFPs and PPP Draft Agreements. Bid process implementation and support for bidder consultations, clarification requests, negotiation of contract terms and amendments of the contracts through to financial close, including any further documentation and analysis required.
Information will be published as soon as it is available.