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Request for Proposal for the selection of advisor to provide advisory services to the HCAP S.A. in relation to the participations in Public Undertakings

I. INTRODUCTION

Pursuant to Article 185 of Law 4389/2016 (Government Gazette A’94), the Hellenic Corporation of Assets and Participations (hereinafter “HCAP” or the “Corporation”) operates in the public interest in accordance with the rules of private industry.  
In order to fulfil its purpose, the Corporation shall act in an independent and professional manner with a long-term vision in achieving its results, in accordance with its rules of procedure; it shall also act to guarantee full transparency, with a view to enhancing the value and improving the performance of its assets as well as generating revenue. Furthermore, the Corporation shall promote reforms of public undertakings, inter alia, through restructuring, good corporate governance and transparency and by fostering accountable administration, social responsibility, sustainability, innovation and good corporate practices... 

Clarification in relation to the conflict of interest.

A question in relation to the determination of cases of conflict of interest was raised by Interested Parties. It is clarified that as a conflict of interest case are considered: the provision of services of certified auditor to HCAP SA and to its direct subsidiaries, ETAD SA and HRADF SA. It is also clarified that In case the Interested Parties provide equivalent to the project described in the RfP, services to the companies referred in Chapter (III) of the RfP or to the same, with those companies, sector, then they shall have to undertake towards HCAP the obligation and provide assurance that different working teams shall be assigned to the project of HCAP and that confidentiality between the working teams (Chinese walls) of the counsel shall exist.   
 

Request for Proposal for the selection of advisor to provide advisory services to the Hellenic Corporation of Assets and Participations S.A. in relation to the participations in Public Undertakings