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Media:
Blog posts
IsDB is one of the Multi-National Development Banks (MDB) supporting the APMG Public-Private Partnerships Certification Program, as well as a major contributor to the PPP Certification Program Guide. We speak with IsDB's Fida Rana, from its Public Private Partnership Division to discuss its...
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Body of Knowledge:
PPP Introduction and Overview
Box 1.20 provides a summary of the main recommendations regarding PPPs as potential options to procure public Infrastructure.
BOX 1.20: Dos and Don’ts
Do
Don’t
EMDEs, LDCs: Adapt the PPP strategy to your political, social and economic context under principles of realism and prudence...
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Media:
Blog posts
Seyed Hossein Hosseini Nourzad is an Assistant Professor of Construction and Project Management at University of Tehran and is also CP3P certified. He discusses the insights the program gave him and how the framework has helped with project delivery.
1. What first prompted you to a career in public...
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Media:
News
The Netherlands Taskforce Financing International Water Centre (TF IWC) finished its first CP3P Foundation course, delivered by Marcel van de Broeke on behalf of K-Infra at the beginning of December 2018. The 12 participants successfully took the exam, with an average score of 88%, the best scores...
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Media:
Blog posts
The third and final exam within APMG’s PPP Certification Program will be available soon. The Foundation and Preparation exams are already available, giving individuals the opportunity to demonstrate, through passing the Foundation exam, that they have a good knowledge of the PPP process and...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
The technical capacity or experience criteria are essential for project success. Many projects fail because the successful bidder lacks the skills and experience required to manage the challenges and complexities of the particular infrastructure project. Failure can also occur if the successful...
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Body of Knowledge:
Project Identification and PPP Screening
It is common to think of stakeholders as an external audience. The external audience is composed of all the stakeholders interested in the project, outside the internal scope of the government and of bidders in the procurement process. This audience includes banks, investment funds, government and...
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Body of Knowledge:
Appraising PPP Projects
PPP projects demand a very sound preparation if they are to deliver timely, effective, and cost-efficient infrastructure. A significant part of this preparation is done in the Appraisal Phase. Appraising a PPP project means conducting a series of feasibility exercises that inform a decision to...
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Body of Knowledge:
Appraising PPP Projects
At the Appraisal Phase, the project must be accurately described in financial terms to allow for several feasibility exercises to produce meaningful results. For example, the following appraisal exercises in box 4.5 use some variation of the financial description of the project.
BOX 4.5:...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
The last tasks of the process in the Structuring and Pre-launching Phase will include the following.
Formally raising the necessary approvals, packaging all tender documents, and running a control check. This is explained below; and
Planning the Tender Phase/tender process. The tender process...
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Body of Knowledge:
Appraising PPP Projects
Chapter 5.6 provides a comprehensive overview of risk issues and the risk management cycle in PPP projects. During the appraisal process, risk identification and risk assessment are key tasks that provide inputs for constructing the financial base case for feasibility, for Value for Money (VfM)...
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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 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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Body of Knowledge:
Strategy Delivery and Commissioning
From a practical perspective, the Value for Money generated through a PPP depends on the quality of the private partner and the government’s contract management systems and teams. This is especially true for PPP contracts that have some form of risk retention on the part of the government, be it in...
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Body of Knowledge:
Project Identification and PPP Screening
The starting point of this phase and of the full PPP process is the same starting point as for any procurement of public goods and services process: identification of the need.
There are some steps in the Screening Phase which includes: project identification (entry routes), scope and preliminary...
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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:
Structuring and Drafting the Tender and Contract
The structure of the contents of the contract document may vary significantly from country to country, and even depending on the authority or level of government within the same country. It is preferable that the structure of the contents, the nomenclature, and the treatment of many commercial...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
BOX 5.14: Clarifications regarding the Scope of the Risk Concept assumed in this Chapter
Risk from a financial perspective
This chapter deals with risk matters from a financial perspective. As such, it is centred on risks affecting the infrastructure asset and the economic business related to...
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Body of Knowledge:
Appraising PPP Projects
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...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
For the purpose of this chapter, the term financial structure is taken from the public perspective, that is, the financial structure of the contract as opposed to the financial structure of the project company (which is how the private partner would use the term). In this context, the financial...