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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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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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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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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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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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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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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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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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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...
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Body of Knowledge:
Strategy Delivery and Commissioning
The private partner should be solely responsible for the design. Although the government should have a right to review the design (see section 6.1.2 above), it should have no rights of approval in respect of the design. Accordingly, all changes in the design to ensure that the output specifications...
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Body of Knowledge:
Appraising PPP Projects - Appendix A - Procurement Procedures
The procurement procedure is the process that will be followed by the government to assign the contract, and it will generally be referred to in this PPP Guide as the ‘tender process’.
As in any public procurement, the usual process should be a competitive process[1], in other words, there will be...
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Media:
Blog posts
Navigating the landscape of public-private partnerships (PPP) can be a challenging endeavour, particularly when assessing project viability. PPP projects, particularly those situated in emerging economies, are often marred by various financial and structural hurdles. This is where Viability Gap...
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Body of Knowledge:
Appraising PPP Projects
The revenue regime of PPPs refers to the source of revenues collected by the project company. This can be broadly divided into two major groups. The first is the user charges. The textbook examples are the tolls collected directly by the private partner in road concessions, or the fees paid to...
