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Media:
Blog posts
Stakeholders are described as ‘those groups and individuals who can affect, or are affected by the achievement of an organization’s (project’s) purpose’. This definition vividly limits stakeholders to human beings. Therefore, the natural environment is excluded from the definition even though it is...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
The objective of a qualification process is to set a minimum bar of capability for the bidder company or group of companies (bidding consortium[63]) entering into the PPP contract. Setting qualification criteria will reduce the risk of project failure caused by a lack of capabilities and capacity....
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Elena Timusheva is a PPP Certification program project coordinator responsible for facilitating business development and liaising MDBs’ efforts in developing and implementing this initiative. Elena works at the PPP Unit of the World Bank and is based in Washington, DC. Elena supports the PPP unit’s...
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Body of Knowledge:
PPP Introduction and Overview - Appendix B - Sharia Finance
An ijara is a lease of the PPP project asset, granted by the Islamic funder to the SPV. It is possible because under the istina’a, the Islamic funder has received title to the PPP project asset.
An ijara is effective during the Operations Phase of the project. Under the arrangement, the SPV will...
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Body of Knowledge:
Strategy Delivery and Commissioning
Performance monitoring may be defined as an assurance role played by the government (primarily through the contract management team although other affected agencies and departments may also be involved) where assurance is obtained that the private partner has:
· Adequate systems, policies,...
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Media:
Blog posts
This is an unprecedented time of change for the healthcare sector globally. Demand is rising exponentially as life expectancy increases, and patients are better informed and have higher expectations. The information revolution has also given clinicians better access to evidence-based practice,...
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Body of Knowledge:
Appraising PPP Projects
In the process of inputting data to the financial model, several assumptions would have been made, and the model must be sufficiently flexible to reveal the impact on the final cash flows of changes in those assumptions.
All the sensitivity drivers are typically concentrated in a summary sheet that...
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Body of Knowledge:
Strategy Delivery and Commissioning
Where are We in the Process Cycle?
This part of the PPP Guide covers management of the contract during the Construction Phase of the PPP life cycle (delivery of the asset up to and including the commissioning of the asset). Therefore, all the general issues discussed previously in this chapter will...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Apart from providing public funds to partially compensate for construction, or through public debt or equity instruments, there are other indirect means by which the government can increase commercial feasibility and/or reduce the budgetary burden of the PPP. These can also be considered, in broad...
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Body of Knowledge:
Strategy Delivery and Commissioning
Scope management is essential to ensure that the project actually delivers that which the ultimate users of the project works require. The output specifications, which are set out in the PPP agreement, should take into account the government’s current, as well as future, requirements to the extent...
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Body of Knowledge:
PPP Introduction and Overview
Previous sections have introduced the main variations and types of PPPs. The most relevant classification has been explained extensively, that is, user-pays versus government-pays PPPs. This and other variations and types of PPPs that consider other factors (ownership, scope, and so on) are shown...
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Body of Knowledge:
Strategy Delivery and Commissioning
PPPs, by their very nature, span a very long time frame. They are detailed and complex when it comes to managing relationships between the various parties in the PPP contract. There are many stakeholders within a PPP, including the parties, lenders, SPV shareholders, end-users, regulators,...
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Body of Knowledge:
Project Identification and PPP Screening
Name of Document (including version if more than one)
Authors/Editors and Year
Description / Reason for Signposting (including details on pages and/or headings when applicable)
http link (when available)
Defining Success for Software Projects: An Exploratory Revelation
Agarwal, N....
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Body of Knowledge:
Tendering and Awarding the Contract
The objectives of this phase are as follows:
To conduct a smooth procurement process and avoid interruptions and re-scheduling.
To deliver a contract that will demonstrate Value for Money (VfM) and will benefit both parties.
To secure a prompt, rapid, and effective approval for signature.
To...
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Body of Knowledge:
PPP Introduction and Overview
As a private-financed procurement method, all (or most) of the resources for financing the capital investment comes from the private sector.
The PPP structure assigns to a private agent, through a contract, the development and business operation or exploitation of a public asset (under certain...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
During the Appraisal Phase, all relevant aspects of the project were assessed for feasibility purposes, and in many countries public investment in the project would have been approved. Some feasibility exercises may be subject to confirmation during the Structuring Phase. This is especially true if...
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Body of Knowledge:
Establishing a PPP Framework
Fiscal commitments to PPPs can be payments for services, capital contributions, or subsidies to reduce costs for users, or a means to share risk. The wide range of fiscal commitments can usefully be divided into the following categories.
Direct liabilities: known payments that must be made if the...
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Body of Knowledge:
Strategy Delivery and Commissioning
The following key activities typically occur during the Construction Phase of a PPP.
The private partner must establish itself on site and obtain the necessary permits and clearances to enable it to carry out the construction works;
The private partner must finalize the design for the construction...
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