• Body of Knowledge:
    Structuring and Drafting the Tender and Contract
    5.1 Introduction
    Risk allocation: definition and rationale Risk allocation is the exercise to define which party will assume each risk, identifying which risks the private partner will be (or remain) responsible for and to what extent, and identifying which risks the public partner will be responsible for and to...
  • Body of Knowledge:
    Appraising PPP Projects
    16.2 Assessing Value for Money
    The VfM analysis compares the relative merits of PPP procurement against one or more other procurement routes, usually traditional public finance. This can be done using quantitative analysis, qualitative analysis, or both. Some frameworks focus on quantitative analysis, requiring a comparison of...
  • Body of Knowledge:
    PPP Introduction and Overview
    1.2 Analyzing the Definition Proposed by this PPP Guide. Describing and Explaining the Features of a PPP Contract as a Tool to Procure New Infrastructure
    This PPP Guide focuses on PPPs as a method for procuring infrastructure development and management on the basis of private finance, as introduced in box 1.3. The definition of a private finance PPP provided in this PPP Guide implies a number of features which need to be present in a PPP contract to...
  • Body of Knowledge:
    Structuring and Drafting the Tender and Contract
    3. Summary Description of Main Tasks to be Carried Out in the Structuring Phase
    3.1 Establishing the Project Team, Incorporating Advisors and Finalizing the Project Management Plan for this Phase It may happen that the project team was established before appraisal, contracting advisors to handle both appraisal and the structuring and drafting of the tender package. Otherwise...