• Body of Knowledge:
    Strategy Delivery and Commissioning
    Introduction
    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...
  • 1.4.1 Changes in Law –Specific and Discriminatory Changes in Law
    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,...
  • Body of Knowledge:
    Structuring and Drafting the Tender and Contract
    9.7 Contract Changes
    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...
  • Body of Knowledge:
    Tendering and Awarding the Contract
    12.3. Will the Contract be made Public?
    Chapter 2.9.3 of the PPP Certification Guide explains the importance and significant benefits of transparency and proactive disclosure in PPP programs. It also provides examples of disclosure policies that are considered to be good practice. In some jurisdictions, it is compulsory to publicly...
  • Body of Knowledge:
    Tendering and Awarding the Contract
    11.2. The Issue of No or Only One Responsive Proponent
    It is possible that no bidders will submit, which constitutes a clear process failure. This is best avoided by having a well-planned and well-structured tender process, consistent with the practices described in chapter 5 of this PPP Certification Guide. If it does eventuate that there are no...
  • Body of Knowledge:
    Structuring and Drafting the Tender and Contract
    7.2 Financial-Economic Capacity Criteria
    Financial or economic capacity criteria are intended to guarantee that the company or group of companies (consortium) that are candidates for the project have a healthy financial situation. The criteria provide evidence that they will be capable of meeting the financial needs of the project, which...
  • Body of Knowledge:
    PPP Introduction and Overview
    2.1. Infrastructure Procurement Options that are Not Regarded as PPPs
    Traditional procurement of infrastructure: public finance and public management. Build and Design, and Build contracts. Public works and public infrastructure are traditionally financed by the government. The source of funds for such traditional procurement is the public budget[11]. The public...