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Body of Knowledge:
Strategy Delivery and Commissioning
Once the PPP contract is signed and financial close has been achieved (refer to chapter 6), the Construction Phase commences. This culminates in a form of commissioning, which triggers the beginning of the Operations Phase. While the structure of the PPP Certification Guide treats the Construction...
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Body of Knowledge:
Strategy Delivery and Commissioning
As the Construction Phase progresses, the private partner (and the government in cases where the government makes a capital contribution) must make payments that match the progress made by the construction contractor in completing the construction works. These payments are typically made against...
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Body of Knowledge:
Project Identification and PPP Screening
There are three possible outcomes of the project analysis in this phase: move on to the next stage (the project appears to be economically sound and is a suitable PPP candidate); it is not suitable to be a PPP; or since some relevant information is missing, or there is a need to clarify some...
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Case Study – The Reliance Rail Rolling Stock Project, Australia
Reliance Rail was Australia’s largest PPP project when it was put to market in 2005-06 at Australian Dollar (AUD) 3.6 billion, with a capital requirement of AUD 2.35 billion. The contract required the design, construction, and...
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As the Social Media and Online Content Writer within APMG’s Marketing Team – I help produce written copy for the APMG PPP website and the PPP Certification Program digital newsletter. I'm also responsible for creating social media material supporting the program and to raise awareness around PPP...
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William Dachs is the Chief Operating Officer the Gautrain Management Agency which is the owner of the assets of the Gautrain Rapid Rail Link, a USD 3billion urban rail PPP. Prior to this William was the Head of the Public Private Partnership Unit at the South African National Treasury and was one...
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Media:
News
Congratulations to all the CP3P professionals who have worked hard to achieve their certification.
The CP3P Scheme is an innovation of the World Bank and has grown from strength to strength over the past five years. The PPP Guide has become the go-to body of knowledge for thousands of PPP...
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Body of Knowledge:
Tendering and Awarding the Contract
As introduced in section 2 of chapter 5, it is essential to give the bidders sufficient time to prepare a sound and high quality offer. Especially in open tender models, one of the common pitfalls in a PPP procurement is that the procuring authority allows bidders insufficient time for this work....
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Body of Knowledge:
Project Identification and PPP Screening
During the Screening Phase, but not only then, successful PPP projects often make a specific effort to communicate the results of the various steps of the PPP process, as well as the decisions made during the phase, to the general public and to those specific groups with a particular interest in...
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Body of Knowledge:
Appraising PPP Projects
The further detailing of the scope and the design of the technical requirements provides fundamental outputs for the Appraisal Phase and, indeed, for the whole of the PPP process, since it provides the technical description of the project used as a basis for other feasibility exercises. See box 4.2...
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Media:
News
We’re delighted to announce the introduction of our online training initiative to support candidates studying for the APMG Public-Private Partnerships (PPPs) Certification Program.
The new online training offers a flexible approach to learning with a simple and clear online course, designed to take...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
The risk management process starts with the identification of risks. Identification of risks refers to defining a comprehensive list of risk events, usually grouped in consistent categories, and then describing them so as to understand clearly how those risks will impact the project outcome if they...
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Body of Knowledge:
Appraising PPP Projects
The commercial feasibility must be assessed from two different points of view: lenders (the debt providers) and investors (the equity providers).
8.1.1 The Lenders’ Perspective (bankability)
The key aspect of the lenders’ concerns is the capacity of the project company to repay its debt on the...
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Body of Knowledge:
Project Identification and PPP Screening
As explained, if a project is identified as the appropriate solution to a need and the results of the PPP suitability test are positive, before moving ahead within the project cycle, a “project team” should be defined, which will carry out the next phases: the Appraisal and potentially the...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
As noted, the contract must have flexibility built in to enable changing circumstances to be dealt with as far as possible within the contract. In this sense, the contract should consider and permit certain potential changes (which may be subject to limits in quantity or the law may provide those...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Regardless of the envisaged order of the tasks, it is crucial to schedule and organize the work properly in advance, so as to minimize time disruptions and smooth the process. This work, like the appraisal work, is time consuming and requires a realistic time scale to ensure the required quality (...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
As introduced in chapter 4, when the private partner’s revenue is based on user-payments, there are a number of structuring parameters that should be carefully considered and outlined during appraisal. These should then be refined (and in exceptional cases reconsidered) in the Structuring Phase....
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The risk of changes in law refers to the risk of changes that may affect the project outcome, impacting on the costs (capital costs by means of new investments) or current operating costs (higher maintenance costs or higher operating costs).
Law is broadly defined for this purpose as laws,...
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Media:
Blog posts
In a PPP project the public sector invites the private sector, via a bidding process, to design, build, finance and operate an asset in order to provide a service to or on behalf of the public sector. In addition, the project must be affordable, provide value for money, and obtain optimal risk...
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Body of Knowledge:
Tendering and Awarding the Contract
Generally, there are four main stages into which any tender process may be divided.
Pre-qualification (in open tenders with a pre-qualification stage) or short listing (in a process with a short listing or pre-selection of candidates).
Bid period – from launching through bid submission or...
