Strategic Review of a Majority Shareholding

Strategic Review of a Majority Shareholding

The Government of St Helena (SHG) is reviewing a number of arrangements to ensure that its assets and resources and aligned with the wider change process.

Reference number: CS-00009

Deadline date:13/12/2013

This deadline is for… Submission of Quotations

Contract value:£10,000 – £100,000

Location where the contract is to be carried out: London

Is this suitable for smaller suppliers? Yes

Is this contract suitable for a voluntary, community and social enterprise organisations? No

Name of the buying organisation: Saint Helena Government


Description of the contract

The Government of St Helena (SHG) is reviewing a number of arrangements to ensure that its assets and resources and aligned with the wider change process. One of its significant assets is its majority 62.9% shareholding in Solomon & Co (St Helena) Plc. SHG wishes to appoint a specialist organisation to conduct a Strategic Review of Solomon & Co (St Helena) Plc. The scope of work briefly comprises a comprehensive strategic review of Solomon’s, considering its impact on the economy, the returns it provides, and its future activities, structure and ownership. A full Terms of Reference can be obtained by downloading the attached document. Your quotation must: 1. Be valid for a period of no less than 60 days; 2. Fully address the specification as described. 3. Provide full details of the services you are offering including responses to questions and method statements where requested. Additional Information A range of general information concerning the island of St Helena can be found by visiting and a copy of Solomon’s 2012/13 draft accounts is available on request. Deadline for Receipt of Proposals Please submit your quotation to Ian Smyth, Government Economist at and David Woosey, Saint Helena Government’s Procurement advisor by 13.00 GMT on 13 December 2013. Quotations received after the deadline of 13.00 GMT on 13 December 2013 will not be considered. SHG may, however, in its own absolute discretion extend the deadline and in such circumstances and SHG will notify all applicants of any change.


Classification of the contract

79000000 Business services: law, marketing, consulting, recruitment, printing and security

79900000 Miscellaneous business and business-related services

79419000 Evaluation consultancy services

79412000 Financial management consultancy services

79411100 Business development consultancy services

79411000 General management consultancy services

79410000 Business and management consultancy services

66000000 Financial and insurance services


Additional information

Contract type: Services – Unspecified

Is it a framework agreement? No

Is this contract related to a programme of funding? No

Contract will be awarded based on: Most economically advantageous tender in terms of: The criteria stated in the contract documents

Estimated length of contract: 2 Months


Who to contact

Contact name David Woosey

Organisation name Saint Helena Government

Address Procurement Services, The Castle, Jamestown, Saint Helena Island, South Atlantic Ocean, STHL 1ZZ

Telephone 00 290 22266

Extension number:


How to apply

Organisations wishing to learn more about this opportunity or submit a Quotation should download the attached document. All Quotations will be evaluated as follows 40% Commercial : 60% Technical and in accordance with the evaluation methodology detailed in the attached document About the buyer: The Island of St. Helena, an overseas territory of the United Kingdom (UK), covers 47 square miles in the South Atlantic Ocean. The Island is over 4,000 miles from the UK, 700 miles southeast of Ascension Island and 1,700 miles from South Africa. St. Helena currently has no airfield, with the only regular mode of access to the Island via the Royal Mail Ship (RMS) St. Helena, which calls up to 30 times a year, shuttling between St. Helena, Ascension, and Cape Town. The Island has suffered from a declining population, high import dependency and narrow economic base. The Island’s extreme isolation is one of the main drivers of these trends. In 2011, the decision was made to construct the Island’s first airport. Work began in 2012 and is scheduled to finish in early 2016. This signals a dramatic change in St Helena’s outlook, with travel times to the Island likely to reduce to a matter of hours, as opposed to the days at present. It is envisaged that this improvement in access will stimulate economic growth as a result of increased tourism and investment.