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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Default Situation and General Rules
When allocating risks, the government should be clear that risk transfer is defined by the contract scope and the PPP contract structure. Subject to the refinement of risk allocation, all risks inherent to the scope of the contract, and those appropriate to the...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
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...
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Media:
Blog posts
A question I often receive at meetings is how to calculate value for money in PPPs. Many governments hire consultancy services that produce impressive spreadsheets on VfM. Very good, but for those governments who do not have the capacity to afford these services or do not understand the spreadsheet...
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Body of Knowledge:
Project Identification and PPP Screening
Before confirming the decision to move to the next stage (appraisal), a list of tasks to be carried out and a schedule should be developed. This will:
Serve as the basis for the Request for Proposals for external advisors, if needed; and
Assist the government, in the Appraisal Phase by identifying...
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Media:
Blog posts
I first discovered the CP³P certification when, in anticipation of business resulting from Saudi Arabia’s recently announced Privatization Program, I was asked to conduct some PPP training workshops for my corporate banking colleagues. Initially the PPP Guide helped me to step back and focus on the...
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Body of Knowledge:
Strategy Delivery and Commissioning
In PPPs, liquidated damages are the preferred remedy for late service commencement. Liquidated damages are a payment representing a genuine pre-estimate of the actual losses or damages suffered if the private partner fails to achieve service commencement on time. The events giving rise to...
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Body of Knowledge:
Appraising PPP Projects
IPSAS 32 deals specifically with service concession agreements, focusing on their governmental accounting consequences. The guideline presents a very comprehensive approach that includes most of the contracts defined as PPPs for the purpose of the PPP Guide. In fact, IPSAS 32 describes service...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Where and when used. Dialogue and interactive processes
Dialogue types of procurement and other negotiated and/or interactive processes are an option in some jurisdictions (for example, in the EU in general) and are the standard in some others (for example, in Australia, New Zealand, and the UK)....
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Body of Knowledge:
Strategy Delivery and Commissioning
It is crucial that the government is aware, at all relevant times, of the development and progress of the project. The most efficient way to ensure that this is done under the circumstances is by requiring the private partner to liaise with the government on a regular basis and report on progress...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Chapter 1 introduced a number of topics that are typical considerations for the public partner. These are related to the financial structure of the project contract and should be documented in the contract. See section 0.7.3, especially the following.
The problem of leverage and requirements for...
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Media:
Blog posts
10 years ago, I saw these thought-provoking figures, “1.2 billion people live without electricity. 2.4 billion people don’t have improved sanitation. At least 663 million people lack access to safe drinking water.”
That was a milestone in my life when I decided to invest the rest of my life on...
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Body of Knowledge:
Strategy Delivery and Commissioning
As noted, the general risk of implementing the PPP contract lies with the private partner. Exceptions to this general principle are limited to areas of specific relief such as relief events, compensation events, and force majeure events. In such cases, the PPP contract must specify the manner in...
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Jyoti is the Program leader of the PPP Certification Program on behalf of the MDBs (ADB, EBRD, IDB, MIF, IsDB, WBG and PPIAF). She sits in the PPP Unit of the World Bank Group and is based in Washington DC.
Jyoti is currently leading the dialogue on PPPs in Kazakhstan and Tajikistan from the World...
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Accelerating Africa’s Economic Transformation through Project Management
The main objective of the First Edition of the Pan-African PMC is to give a strong impetus to the awareness of the African community on the key role of project management technologies in the process of the Africa’s economic...
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Maurice is a Fellow of the Institute of Public Finance and Accountancy and has a degree in Economics and Public Administration. Maurice has worked on PPP and its UK variant, PFI, since its inception. He has over 25 years PPP experience and was on the PwC Board that worked with the UK Government to...
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Attorney Michael Uwaechie is a Director at Weircapacity Limited, Nigeria, where he heads the firm’s training and Public-private Partnership (PPP) unit. He has advised on various PPP projects Africa and is specialized in designing the PPP Institutional, Legal and Regulatory Frameworks. Michael has...
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Mr Kruger, with a career in banking, has been working for Barclays Africa and the banking industry for a period of 30+ years. He specialised in infrastructure finance and public private partnerships and is a passionate proponent of increased private sector participation in the delivery of services...
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Running over two days , 23-24 May - this Seoul event delivers expert insights into good infrastructure governance; a key ingredient for sustainable, efficient and profitable infrastructure projects.
The Roundtables come from a collaboration between the Asian Development Bank, Global Infrastructure...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
When the usage level of the asset is not relevant for the purpose of the public party (that is, it is not of itself a public objective), but it is still paramount that the asset be available for use by the final users, for instance health workers in a hospital, then payment should be based on the...
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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
ADSCR
Annual Debt Service Cover Ratio
AfDB
African Development Bank
ALOP
Advance Loss of Profit
APP
Alianza Publico Privada (Public-Private Partnership)
ADB
Asian Development Bank
B
Build
BAFO
Best And...
