Business Plan Preparation, P/2016-8

Announced: 26.07.2016
Closed: 31.08.2016
Contracted to: Terminated without results

Joint Stock Company RB Rail AS announces Request for proposal for procurement “Business Plan preparation” No P/2016-8

JSC “RB Rail AS”, registration No. 40103845025, Legal address: Gogoļa iela 3, Riga, LV-1050, Latvia. Office address: Kr Valdemara iela 21, Rīga LV-1010, Latvia (hereinafter – the Company) organizes procurement “Business Plan preparation” No P/2016-8 (hereinafter – Procurement).

Description of the Subject matter of the procurement

Business plan preparation in accordance with the Specification (Annex No. 2) (hereinafter – the Services). The purpose of this Business Plan is to set the operational framework of the Company. The framework estimates the Company’s revenue, operating expenditure and cash flows by considering the respective CEF project cash flows for the next financial years 2016 – 2031. The completed Business Plan shall correspond to the stipulations of the Company’s Shareholders Agreement, the Grant Agreement and the Contracting Scheme.

The Candidate has to take into account the fact that Company is a commercial joint venture of three countries’ governments (Latvia, Lithuania and Estonia), which requires clear and repetitive communication with representatives from all 3 countries.

The procurement and subject matter is co-financed by Connecting Europe Facility (CEF).

Type of the Agreement: Services.

Period of the Agreement: 6 months.

Estimated value of the Agreement: 300 000 EUR (excl. VAT)

Submission of Proposals
A Proposal for participation in the Procurement shall be submitted personally, by courier or registered mail to the RB Rail AS, Kr. Valdemara iela 21, room 639, Riga, LV-1010, Latvia). A Proposal shall be submitted by August 31, 2016 till 14:00 o’clock..

Contact person of the Company

  • In organizational aspects of Procurement: Managing procurement specialist, Mārtiņš Blaus, telephone: +371 28118533, e-mail address:;
  • In aspects concerning subject matter of Procurement: Project Manager, Artūrs Caune, telephone +371 25434393, e-mail address:

Procurement results

Procurement publication date: 26 July, 2016.

Candidates who submitted their proposals

  • PricewaterhouseCoopers, SIA, reg. No. 40003142793, address: Kr. Valdemara iela 21-21, Riga, LV-1010;
  • Ernst & Young Baltic SIA, reg. No. 40003593454, address: Muitas iela 1a, Rīga, LV-1010;
  • KPMG Baltics SIA, reg. No. 40003235171, address: Vesetas iela 7, LV-1013, Riga.

Results of the procurement procedure
Based on the fact that none of the submitted proposals qualified for the procurement No P/2016-8 “Business plan preparation”, RB Rail AS Management Board has made decision to terminate this procurement with no results.