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Body of Knowledge:
Appraising PPP Projects
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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
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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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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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
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...
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Body of Knowledge:
Appraising PPP Projects
The due diligence process should ensure that the project is procured in accordance with current legal requirements, both in domestic and international terms, and that key aspects of the project have been analyzed from a legal perspective. In order to assess the legal feasibility of the project,...
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Director of Healthcare Projects
Peter is responsible for business development in the healthcare sector for John Laing, a leading international investor in economic and social infrastructure which has delivered more than 20 major healthcare PPP projects and over 40 clinics and primary care...
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Mr. David Ehrhardt, CEO of Castalia, is a renowned infrastructure expert with over 20 years of experience in developing, implementing, and evaluating PPPs in over 15 countries. He is qualified in law and economics, and has advised on over US$20 billion in PPP transactions in transport, energy,...
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The risk of the taxation framework changing during the course of a contract is generally borne by the private partner when referring to taxes that are part of the common business environment, with exceptions.
In some contexts, a value-added tax (VAT) may be an exception to the general rule, and...
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An assured provider of exceptional service
This organization has been accredited by APMG – benchmarked against exacting standards.
Foster Infrastructure has delivered more than 20 CP3P trainings in a diverse range of countries, as well as numerous other infrastructure and PPP-related trainings. We...
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Body of Knowledge:
PPP Introduction and Overview - Appendix B - Sharia Finance
It is usual for a supporting agreement, known as a services agreement, to be entered into between the SPV and the Islamic funder.
As the Islamic funder has title to the PPP project asset, it therefore has a responsibility to operate, maintain and insure that asset. This will take time and money....
