Introduction to Africa Lonestar Power & Engineering Services Corporation

TO WHOM IT MAY CONCERN
I.                    Introduction:

This document has been developed to introduce Africa Lonestar Power Corporation (ALP-CORP) to perspective customer, partners and Investors.

II.                   Who are we? :

ALP-Corp is a newly incorporated entity in Liberia[1]. We were organized to assist in the current development of Liberia’s post-war energy, power & T&D sector. The Liberia Development Corporation (LDCI) incorporated ALP-Corp to provide administrative and technical support to future partners in the energy sector development of Liberia.

ALP-Corp is 80% owned by LDCI, 4% owned by Gerald B. Coleman and with 16% shares unsubscribed for future partners. 

We have a five man board of directors as follows:

Member
Title
Position in Society
Mr. Ernest C.B.  Jones
Chairman of the Board
Managing Director of Du Investment Corporation
Mr. Caichun Huang
Member
CEO of LDCI
Mr. Augustine Jarrett
Member
Economic Advisor to the President
Mr. Natty B. Davies
member
CEO of Devon Consultancy
Mr. Gerald B. Coleman
Secretary
Managing Director of ALP-Corp

III.                 Our Mission:

Our main mission is to empower Africa with sustainable renewable energy. Towards that mission we seek partnership with established and reputable companies having the same shared vision as ours. Through this partnership we hope to serve as a local agent for their activities in Liberia.

IV.                Our Current Objective:

Our current objective is to become an independent power producer (IPP) in Liberia. The Liberian government passed a new Electricity Law in 2015. This law was meant to decentralize the power industry through allowing public private partnerships (PPP) regulated by the government. These public private partnerships are expected to facilitate the rapid development of Liberia’s energy sector as a firm foundation for national development. We are currently in discussion with the government of Liberia towards securing permission to develop a power network in the Southeastern and Northwestern portion of Liberia outside the current boundary of LEC.

V.                    Our Current Scope of Services:

Currently we are organized to provide engineering management support to our customers serving as their local presence in Liberia. Our serves cover three key areas as follows:
Figure 1: Organization Chart of Africa Lonestar Power Corp.
1
.                  
      Administrative & Financial Support:

We have a local office in urban Liberia just 5 km from downtown Monrovia. We can house up to three staffs from our partners thus allowing them an immediate work activity environment. The office is fully equipped with internet, computer servers, small café service and one transport vehicle with driver, etc. We can also arrange for short-term and long-term local housing, airport pick-up, visa processing, security, etc. for our customers as part of our administrative agency support.

2.       Engineering Service Support:

Our Engineering section is organized to support our partners with counterpart staff to assist in the implementation of their projects, while facilitating local capacity building and technology transfer empowerment for Liberia. Due to space limitation we can currently provide three support staff only. Upon request we can also arrange for local sub-contractors as needed (at a separate cost per terms of reference). Our Engineering counterpart staff can also provide other technical support needed to complement the work of our partners on a project by project bases.

3.       Marketing & Sales Support:

Our marketing section focuses on providing logical support for our customers. This can include clearing and storage of goods imported for a given project or marketing event. Also they can arrange to secure local machinery and equipment needed for a given project. Regarding storage, we usually arrange for one central storage site per engagement. We can also serve as local agents to introduce and sell various technical products of our customer on the Liberian market.

Figure 2: Layout of ALP (in proposed partnership with Chint International) current office space

VI.                  Our Fees:

Our general fee structure is as follows:

1.       Initial Engagement:

If we contact you for a local contract in Liberia and you respond and win the bid we expect a flat finder’s fee of 5,000USD in return for the process. This is payable only if you win the bid.

If you contact us on first engagement for a local contract or seek our service we charge 5,000USD as a flat service fee whether you win the engagement or not[1]. This amount is to be paid in two installments: 50% in advance upon signing a service agreement with the balance due after our services have been acceptably implemented.

2.       Normal Engagement:

After a successful initial engagement we can be contracted to provide additional agency services, as outlined above, for a specified mutually agreed period. During this contracted engagement period we will charge based on the scope and cost of the customer’s project or as per mutual agreement with the client.

Our estimated service fees are outlined below as follows:
Basic service fee
For projects ranging from 100,000USD to less than $1M, with a time frame less than one year duration.
We charge a lump fee of 15% of the total project cost plus added cost, payable in 3 equal installments spread out over the project time frame.

For projects above $1M with a time frame less than two years.
We charge a lump fee of 10% of the total project cost plus added cost, payable in 3 equal installments spread out over the project time frame.

All other projects over $10M with durations over two years.
We charge a lump fee of 5% of the total project cost plus added cost, payable in 3 equal installments spread out over the project time frame.

 Each customer engagement is concluded by signing a memorandum of understanding (MOU) which layouts the specific responsibilities and expectations of each partner. The above service fees are estimates only, the specific fees will depend on the specific range of services required by the customer. Of course the phrase “plus added cost “ will always refer to services to be provided outside of our specified scope of services as per the signed MOU. For example:
a.       Our normal scope of service covers the Monrovia area or the immediate service area of the contract; therefore if we provide transport services outside of the agreed service area additional cost will be incurred.
b.      If residential housing service is required in our MOU, we will usually provide a three bedroom furnished residential facility for each project; however if a customer needs more residential coverage, additional cost will be incurred.
c.       Regarding clearing cost, we will cover and be responsible for the clearing of all your imported equipment and goods as per the MOU. This will include transporting them to an agreed specified location. Any additional cost of this process such as duty payments, port charges, multiple storage charges, etc. will be considered as added cost.
d.      Finally we sometime offer sub-contractual services for a given project. The cost of this service will be discussed in a separate MOU as added cost.

VII.                Conclusion:

We hope this document has served as a proper introduction of who we are, and what mutual benefits can be achieved through our partnership or engagement. We can be contacted through the following address:

Africa Lonestar Power & EngineerIng Services Agency
A section of Africa Lonestar Power Corporation
c/o: Mr Gerald B. Coleman
Sr. Consultant/Project MD
Old Road across from the Nigerian Embassy
Congo town, Liberia
Cell: +231 888164685 or 777555542



[1] This is with the assumption our services have met our mutual terms of engagement.




[1] We were incorporated in June of 2016

Comments