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Body of Knowledge:
PPP Introduction and Overview
The financial motivation may be divided into two subgroups. One relates to the statistical and national accounting perspective (private financing that may be regarded as “off balance sheet” of the government, which constitutes a dangerous bias in favor of PPPs). This should be differentiated from...
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Body of Knowledge:
PPP Introduction and Overview - Appendix A - Project Finance
There are three basic sources by which a PPP project can be financed: debt, equity and government support[4].
Debt
Senior debt enjoys priority in terms of repayment over all other forms of finance. Mezzanine debt is subordinated in terms of repayment to senior debt, but ranks above equity both for...
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Media:
News
The consulting, technology and innovation firm, PA Consulting, has become the first organisation to be accredited by APMG International to deliver training for the APMG PPP Certification Program®. In delivering this programme, PA will be supported by the Chartered Institute of Public Finance and...
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Media:
Blog posts
The European Network on Debt and Development, an NGO operating in the Public Private Partnerships sector, has called upon The World Bank Group (WBG) to stop funding and promoting PPPs, until they are thoroughly reviewed and confirm their effectiveness.
There has been sufficient evidence to...
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Governments around the world now understand that public-private partnerships (PPPs) can be an important option to help meet infrastructure and basic service needs while contributing to a reduction in poverty. By bundling construction and service delivery, PPPs offer the possibility of improved...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Pure co-financing refers to public financing that is included in the mix of finance that is non-revolving, that is, it is acting in a conventional, public-financed project by means of direct payments for a certain proportion of Capex expenditure that the private partner is not required to pay back...
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Body of Knowledge:
Establishing a PPP Framework
As an alternative approach to originating and developing PPP project ideas, some governments accept unsolicited or privately-initiated PPP projects. By welcoming “privately-initiated” projects, governments can harness information and ideas that private firms have about how to provide services...
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Media:
News
This article was first featured on the World Bank Group's Public-Private Partnerships Blog.
“What is different now?” This question echoed through my head during my recent morning runs along the beautiful Ishim River in Astana, Kazakhstan.
I was in Astana on mission to launch the new technical...
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Body of Knowledge:
Appendix Bid Preparation and Submittal the private sector perspective
Following a successful PPP project screening, partnerships will be forged between like-minded organizations and a consortium will be formed with a view to responding to the procuring authority’s RFP.
Implementing the PPP project will require the implementation of material construction, operations,...
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Body of Knowledge:
Strategy Delivery and Commissioning
4.2.1. The Role and Responsibilities of the Private Partner
To enable the government to effectively manage the contract, certain roles and responsibilities must be required of the private partner through the contract. It is very important that the reporting system of the private partner complies...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Deadline – Time to Submit
Due to the complexities of the PPP, it is essential to grant to the bidders sufficient time for proper due diligence and analysis/assessment of the project and the contract from different points of view. Time is also needed for the preparation of a sound and high quality...
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Body of Knowledge:
Appraising PPP Projects
As discussed in chapter 2 (section 1.8), many PPP projects produce some sort of long-term fiscal consequences. These can be in the form of direct liabilities (when the project is partially or fully funded by the government) or contingent liabilities (when risks are allocated to the government...
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Media:
Blog posts
Late last year I was teaching a course on infrastructure finance, in a highly regarded University in Brazil and one of the students asked me, without context: “how to bring losers on board of a Public-Private Partnership project?”
It was a good question, particularly because it shed light on a very...
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Force majeure has been introduced in this chapter (see section 5.6).
As described in the referred section, force majeure may have different meanings (and therefore a different scope in terms of events included within the category or general term) in different jurisdictions, and it may even be a...
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Media:
Blog posts
The universal discourse around the issue of infrastructure deficit within Emerging Markets and Developing Economies (EMDE) has gained considerable traction, particularly over the last few decades. The ability to attract financial investments in developing economies, and particularly in Africa, has...
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Media:
Blog posts
A significant number of government and business leaders across Africa have come to accept the benefits of Public Private Partnerships as a strategic option, an alternative procurement and financial structuring methodology. An increasing number of African countries are developing PPP policies...
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Mr. Schur is a proven executive with over 20 years of international experience, spanning both the private and public sectors, and incorporating public-private partnerships (PPP), infrastructure, economics, public policy, public sector management, finance, and microeconomic reform. Mr. Schur is...
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Media:
News
The Netherlands Taskforce Financing International Water Centre (TF IWC) finished its first CP3P Foundation course, delivered by Marcel van de Broeke on behalf of K-Infra at the beginning of December 2018. The 12 participants successfully took the exam, with an average score of 88%, the best scores...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
The technical capacity or experience criteria are essential for project success. Many projects fail because the successful bidder lacks the skills and experience required to manage the challenges and complexities of the particular infrastructure project. Failure can also occur if the successful...
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Body of Knowledge:
Strategy Delivery and Commissioning
Dispute circumstances are intrinsic in any PPP construction projects and could influence the success and failure of projects, thereby generating additional costs for all parties[27] [28]. PPP construction project issues, concerns, and disputes occur as a result of numerous factors such as technical...
