• Body of Knowledge:
    Project Identification and PPP Screening
    5. Option Analysis and Selection Techniques
    There are multiple techniques for identifying the best technical solution for a project and hence which projects best meet public needs. This section will briefly introduce those techniques. The government should have a policy of using a particular technique so that all projects are compared in a...
  • Body of Knowledge:
    Appraising PPP Projects
    6.2 Inputting the Capital Expenditures
    The initial capital expenditures (initial Capex) group represent the expenses incurred from the private consortium’s preparation of its proposal until the commissioning of the asset. These expenses commonly occur before the project company obtains any revenue. The expenses are mostly obtained from...
  • Body of Knowledge:
    Project Identification and PPP Screening
    8. Economic Soundness. Introduction to Cost-Benefit Analysis
    This section introduces[16] the concepts of Cost-Benefit Analysis and economic analysis. FIGURE 3.3: Sequence of the CBA Analysis   Note: CBA= cost-benefit analysis; eIRR= economic Internal Rate of Return; eNPV= economic Net Present Value. The most refined form of economic analysis is the Cost-...
  • Body of Knowledge:
    Establishing a PPP Framework
    1.7.4 Public Financial Management
    PPP programs create direct and contingent liabilities. The government will need to ensure that there is sufficient fiscal space to fund direct liabilities, as well as to deal with situations where contingent liabilities translate into fiscal expenditures. The financial management of PPPs is...
  • 1.2.3 Revenue Risks – Fraud and Collection Risks (only in user-pays)
    Fraud may be considered a subset of volume risk in user-pays PPPs when considering volume as the level of demand that effectively pays for the service. Fraud is commonly used to refer to willingly avoiding payment, whereas collection risks include non-payment when the payment may be or become...
  • 1.3.5 Transfer of Shares/Changes in Ownership
    This risk refers to the risk for the public partner of a worsening in the performance of the project if the new shareholder (when there is a change in control) is not as capable as, and does not have the capacity, of the original partner. It is common practice to require the private partner to...
  • Body of Knowledge:
    Appraising PPP Projects
    13 Assessing Environmental Feasibility[40]
    Infrastructure projects will often have significant environmental impacts arising from construction and operation, which can be both positive and negative. The impacts may also include follow-on effects beyond the immediate project area, as well as beyond the people directly associated with the...
  • S. Hossein H. Nourzad
    Hossein Nourzad is an Assistant Professor of Construction Project Management at University of Tehran, an Accredited CP3P Trainer at K-Infrastructure (based in Spain), and a PPP consultant. Prior to working at UT, he was a PhD Student at Department of Civil, Architectural, and Environmental...
  • Media:
    Download
    Become an accredited CP3P trainer
    Download the pdf below for details on how to become an accredited training provider for APMG's PPP Certification Program: Become an accredited CP3P trainer.pdf 
  • Body of Knowledge:
    Appraising PPP Projects
    6.7 Defining the Contract Term
    An important parameter of the financial model is the contract term, since it directly affects several of its conclusions. This is typically a variable preliminarily defined during the design of the financial model and is confirmed or adjusted during the structuring of the project. Some of the...
  • Mark Williams
    Mark Williams, Director and Property & Infrastructure Lead at PA Consulting and member of CIPFA's Governments Faculty Board - specializes in providing financial and commercial advice on a range of complex contract PPP/PFI savings projects across defence, transport, education and health.  
  • Body of Knowledge:
    Appraising PPP Projects
    16.3 Outputs of the Value for Money Analysis
    The Value for Money (VfM) analysis indicates how the PPP alternative compares to traditionally procured infrastructure, not only in terms of the associated fiscal costs but also in terms of the net economic benefit of the project. The assessment also incorporates qualitative aspects of this...
  • Hossein Nourzad
    Hossein Nourzad is an Assistant Professor of Infrastructure Management and a CP3P Accredited Trainer (authorized by APMG, the WB certification arm) working with Training Bytesize (UK), with 16+ years of experience in infrastructure projects and PPP, in specific. He also has extensive project...
  • Body of Knowledge:
    Tendering and Awarding the Contract
    15. Outcomes of this Phase
    At the end of this phase, the authority has in place an enforceable and effective contract, duly executed after the accomplishment of prior conditions. In some processes, financing has been arranged within this phase (as a prior condition to contract signature), while in other processes it will be...
  • Alicia Holbrook
    As Head of Marketing for APMG International I work closely with the World Bank Group, the MDB's and the PPIAF to help PPP professionals access best practice information.
  • Irina Unkovski
    Irina is a qualified Quantity Surveyor and holds a Master’s Degree in Building specializing in various Infrastructure Procurement Methods. She has more than 15 years of experience working with both Public and Private sector on various Infrastructure initiatives. Currently, Irina is with Deloitte...
  • 24th Annual CCPPP National Conference
    Hear keynote addresses from P3 leaders as well as experts sharing their experience and best practices in 18 innovative sessions with networking opportunities for delegates throughout the event. Meet David Smyth, APMG Business Development Manager, Canada, at the event and learn more about the new...
  • Bahodir Amonov
    Chief Specialist at Public-Private Partnership Development Agency PPP Specialist with a demonstrated history of working in the public and private sector. Skilled in negotiation, data analysis and project management. 
  • Body of Knowledge:
    Appraising PPP Projects
    14 Assessing Social Feasibility
    An appraisal exercise intimately connected with the evaluation of environmental feasibility is the assessment of the project’s impact on the lives of people that live and work in the project’s area of influence. The social impact analysis (or social feasibility assessment) can be a very important...
  • Body of Knowledge:
    Tendering and Awarding the Contract
    9. Evaluation of Proposals
    As with assessment of qualifications, proposals must be evaluated in accordance with the criteria set out in the RFP. In this sense, there will be an important difference in terms of process between price-only evaluation and a combination of quality and price criteria. The latter is clearly more...