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Body of Knowledge:
PPP Introduction and Overview - Appendix B - Sharia Finance
The combined use of an istina’a and ijara can be illustrated in figure B1. as follows.
FIGURE B1: Combined Use of Istina’a and Ijara
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Body of Knowledge:
Project Identification and PPP Screening
The risks that are inherent to a project have to be considered and included in the appraisal. This must be done through proper adjustments and/or showing the ranges of values for certain sensitivities/future movements or the deviations on critical factors and variables. For this purpose, risks have...
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Body of Knowledge:
Appraising PPP Projects
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Body of Knowledge:
Appraising PPP Projects
From the financial perspective, a project or contract is considered to be feasible when the expected revenues (inflows) under a reasonable scenario are considered to be sufficient to cover all expected costs (outflows), that is, all operation and maintenance costs, financial costs (interests),...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
This chapter covers the period from the preliminary decision to invest in a PPP, once the project has been appraised, to the official launch of the tender for the project contract.
It corresponds to two main tasks and areas of knowledge.
The structuring and design of the project contract; and
The...
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Body of Knowledge:
Appraising PPP Projects
The commercial feasibility analysis provides a number of outputs.
For user-pays PPPs, it provides the following:
An assessment of the capacity of the project to attract investors and lenders, from a financial perspective;
An estimate of the government payments (grant financing or supplementary...
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Media:
Blog posts
At conferences, in meetings, and even during casual work conversations, I am asked the same two questions: “Which countries are ideal for investments in infrastructure? Where should the investors invest and what new opportunities should they look toward?”
While sitting in the World Bank gives us...
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Body of Knowledge:
Appraising PPP Projects
An effective market sounding exercise provides an opportunity for a structured dialogue between the private and the public sectors at early stages of the PPP process. This not only tests the viability of the project’s details, but it also obtains precious feedback on how aspects of the project...
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E.R. Yescombe is a consultant on public-private partnerships and project finance, with many years’ experience in various forms of structured finance, including project finance, leasing, export credits, property and asset finance. He has advised government entities on PPP policy issues and contract...
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Body of Knowledge:
Strategy Delivery and Commissioning
Monitoring the performance of the private partner is a primary function of the contract management team of the government. In most PPPs, the performance monitoring and reporting is done by the private partner, making the function largely one of assurance that the reporting is accurate and auditing...
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Laurence Carter is the Senior Director of the Public-Private Partnerships Group of the World Bank Group. The PPP Group advises on the strategic direction and goals for the WBG on PPPs, supports coordination across the WBG, promotes partnerships and facilitates global knowledge about PPPs. ...
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Body of Knowledge:
Strategy Delivery and Commissioning
Issue management usually comes into effect when significant risks arise or materialize. The PPP contract management manual should include issue management procedures that deal with irregularities and mitigate the issues that lead to risk materialization.
Conflict and issues typically occur within a...
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Body of Knowledge:
Appraising PPP Projects
PPP contracts allocate risks between the government and the private partner. In fact, risk allocation is one of the most important tasks conducted during the whole of project preparation since it underlies most of the PPP’s potential advantages, as presented in chapter 1.5.2.
During the structuring...
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Media:
Blog posts
Interested in expanding your career into PPPs? This episode of APMG Midday Mentors is hosted by Lawire Kirk, Regional Lead APAC at APMG, and features guests James Kinch, Country Manager (Australia) of Training Byte Size, and Maurice Diamond, Lead PPP Training of Training Byte Size. Together they...
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Maintenance risk may refer to the risk of improper maintenance resulting in a lack of performance, which is implicit and covered in availability and performance risk analysis.
But maintenance risk also refers to the risk of higher costs for maintenance operations and plans (including current...
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Body of Knowledge:
Project Identification and PPP Screening
It is good practice to complete a report containing at least the following sections before entering the full appraisal process and, specifically, before committing staff and/or hiring advisors.
1. Executive summary and recommendations;
2. Project description: Outline of technical solution;
3. Needs...
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Body of Knowledge:
Appraising PPP Projects
The appraisal exercise, reflected in the appraisal report, should recommend one of the following four decisions to be made by the governmental body charged with making the final green light decision or procurement decision.
The project should be procured as a PPP;
The project creates economic...
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Body of Knowledge:
Strategy Delivery and Commissioning
This general introduction shows the main components of PPP contract management, together with steps that need to be taken in order to be effective. The learning objectives are outlined in box 7.1 below.
BOX 7.1: Learning Objectives for Part A
After studying part A of this chapter, the reader...
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Body of Knowledge:
Strategy Delivery and Commissioning
The life span of PPP projects is extensive and it is rare that the same staff and personnel will see the project through to the conclusion. Therefore, it is likely that the personnel involved in the management of the contract is going to change several times throughout the life cycle of the project...
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Body of Knowledge:
Project Identification and PPP Screening
The next step after defining the technical solution is to clarify the technical scope, including a detailed description and set of requirements for the most important aspects of the project (that is, a technical outline of the project).
This step includes a description of the project that covers...
