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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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Copyright & Trademark Acknowledgement Statements
Logo - The CP3P logo is a registered trade mark of The APM Group Limited. All rights reserved.
Scheme Name/Word Mark - The APMG PPP Certification Program is a registered trade mark of The APM Group Limited. All rights reserved.
Slogan - The...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
An exact definition for risk is hard to find and its measurement is controversial as well. In literature, the word "risk" is used with many different meanings. The Oxford English Dictionary defines risk as "chance or possibility of danger, loss, injury, etc.”.
In the context of an infrastructure...
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Body of Knowledge:
PPP Introduction and Overview
8.3.1. Arising during Pre-Tender and Tender Phases
The following are common examples of poor management during the pre-signature phase of the project process that reflect errors and risks of project failure (to be regarded as a non-exhaustive list).
The appraisal may conclude that the project...
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Body of Knowledge:
PPP Introduction and Overview - Appendix A - Project Finance
This appendix introduces some basic features of project finance. It also identifies some different approaches to, and the principles of, financing PPP projects. It provides an explanation of major sources of funding and outlines some benefits and limitations of project finance. This appendix should...
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Body of Knowledge:
PPP Introduction and Overview - Appendix B - Sharia Finance
A procurement istina’a (‘procurement agreement’) is also an agreement between two parties, however the parties are the Islamic funder and the PPP project’s special purpose vehicle (SPV). Under the procurement agreement, the SPV is required to procure the PPP project asset by a specified date. The...
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Body of Knowledge:
Project Identification and PPP Screening
The capabilities necessary for an appraisal process can be divided into five main groups.
Technical:
In charge of the project’s design, with expertise in the type of infrastructure that is the subject of the contract;
Expertise in the technical aspects of the services involved.
Environmental:
In...
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Welcome to the CP3P Online Training course. This is a free learning resource that guides you through Chapter 1 of the PPP Certification Program Guide – so that you feel better prepared to take the Foundation exam for APMG's PPP Certification Program. Please note that a fee is payable to take the...
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Christopher Nixon, Director, Advisory
National Center for Privatization & PPP
Saudi Arabia
ABOUT THE AUTHOR:
Christopher is an internationally experienced infrastructure & project finance professional based in Saudi Arabia with a background in originating, arranging & advising on...
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Building the Future through Knowledge and Partnerships
At Cybiant, we empower governments, private enterprises, and development organizations to collaborate effectively and deliver sustainable public infrastructure and services through Public-Private Partnerships (PPPs).And that journey starts with...
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Body of Knowledge:
Establishing a PPP Framework
Public financial management of PPPs relates to how fiscal commitments under PPPs are controlled, reported, and budgeted. Public financial management aims to reduce the risk of PPPs costing the government more than expected or placing undue burden on future generations.
PPP contracts commit...
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Body of Knowledge:
PPP Introduction and Overview - Appendix B - Sharia Finance
Islamic financing of PPP projects is becoming more common for a number of reasons, including: the creation of Islamic banks (such as the Islamic Development Bank) that are able to provide Islamic financing products for PPP projects, the reduced availability of non-Islamic financing in the aftermath...
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Body of Knowledge:
Appraising PPP Projects
PPP projects demand a very sound preparation if they are to deliver timely, effective, and cost-efficient infrastructure. A significant part of this preparation is done in the Appraisal Phase. Appraising a PPP project means conducting a series of feasibility exercises that inform a decision to...
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Body of Knowledge:
Appraising PPP Projects
Technical requirements, together with other PPP structure parameters, lie at the heart of the contract. The technical requirements should provide enough technical details about the project so as to allow a precise definition of the design of the infrastructure (and the characteristics of the...
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Body of Knowledge:
Appraising PPP Projects
The first step in performing the fiscal feasibility exercise is to identify the liabilities assumed by government, at least on a yearly basis, for the entire duration of the contract.
There are two types of commitments that must be fully acknowledged in this identification: the direct liabilities...
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Body of Knowledge:
Appraising PPP Projects
As introduced in chapter 3.6, the Identification Phase will likely have provided a basic scope of the contract, describing what elements of the technical solution selected for the public need will be delivered by the private partner under the PPP contract.
However, in some projects, defining the...
