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Body of Knowledge:
Strategy Delivery and Commissioning
The objective of PPP contract management is to obtain the services specified in the output specifications and ensure ongoing affordability, Value for Money (VfM) and appropriate management of risk transfer.
PPP contract management is the process that enables both parties in a contract to meet their...
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Media:
Blog posts
The European Network on Debt and Development, an NGO operating in the Public Private Partnerships sector, has called upon The World Bank Group (WBG) to stop funding and promoting PPPs, until they are thoroughly reviewed and confirm their effectiveness.
There has been sufficient evidence to...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Pure co-financing refers to public financing that is included in the mix of finance that is non-revolving, that is, it is acting in a conventional, public-financed project by means of direct payments for a certain proportion of Capex expenditure that the private partner is not required to pay back...
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Body of Knowledge:
Appendix Bid Preparation and Submittal the private sector perspective
One of the most important issues the consortium has to address is structure. Its members need to decide the most appropriate structure to adopt in order to finance and implement the procuring authority’s PPP project successfully.
This PPP Guide assumes a project financing approach. As such,...
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Body of Knowledge:
Appraising PPP Projects
The revenue regime of PPPs refers to the source of revenues collected by the project company. This can be broadly divided into two major groups. The first is the user charges. The textbook examples are the tolls collected directly by the private partner in road concessions, or the fees paid to...
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Body of Knowledge:
Operations and Handback
6.1. Standard Regulations when Dealing with PPPs
As discussed in chapter 2 of the PPP Guide, most jurisdictions have a regulatory framework that is applicable to PPPs in general as well as PPP contracts for specific projects. The regulatory framework has a number of objectives, one of which is to...
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Copyright & Trademark Acknowledgement Statements
Logo - The CP3P logo is a registered trade mark of The APM Group Limited. All rights reserved.
Scheme Name/Word Mark - The APMG PPP Certification Program is a registered trade mark of The APM Group Limited. All rights reserved.
Slogan - The...
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Body of Knowledge:
Operations and Handback
Variation management is closely connected with PPP agreement management and relates to the creation of mechanisms to enable changes to the PPP agreement. Such changes may be necessary as a result of a change in circumstances that could not be anticipated or quantified when the PPP agreement was...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
An exact definition for risk is hard to find and its measurement is controversial as well. In literature, the word "risk" is used with many different meanings. The Oxford English Dictionary defines risk as "chance or possibility of danger, loss, injury, etc.”.
In the context of an infrastructure...
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Body of Knowledge:
Strategy Delivery and Commissioning
4.2.1. The Role and Responsibilities of the Private Partner
To enable the government to effectively manage the contract, certain roles and responsibilities must be required of the private partner through the contract. It is very important that the reporting system of the private partner complies...
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Media:
Blog posts
The need for resilient, sustainable and new infrastructure is on the rise globally. Executives around the world are concerned about the adequacy and existence of infrastructure. Availability of infrastructure is a critical issue for business as it impacts on operating costs and it becomes a major...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Deadline – Time to Submit
Due to the complexities of the PPP, it is essential to grant to the bidders sufficient time for proper due diligence and analysis/assessment of the project and the contract from different points of view. Time is also needed for the preparation of a sound and high quality...
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Body of Knowledge:
Appraising PPP Projects - Appendix A - Procurement Procedures
The procurement procedure is the process that will be followed by the government to assign the contract, and it will generally be referred to in this PPP Guide as the ‘tender process’.
As in any public procurement, the usual process should be a competitive process[1], in other words, there will be...
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Body of Knowledge:
PPP Introduction and Overview
Privatized Companies and Companies operating in a liberalized and regulated market — “Regulated Investor owned utilities”.
There is often confusion between privatization and PPPs (especially with user-pays PPPs). But there is a clear difference between these two forms of private sector engagement....
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Media:
Blog posts
Making successful cases for Public Private Partnerships
Mark Williams, property and infrastructure lead at PA Consulting Group and John Wilkinson, MOD Defence Infrastructure Organisation PFI Advisor (on secondment from PA Consulting Group)
Infrastructure investment under good PPPs/P3s deals
It is...
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Media:
Blog posts
I first discovered the CP³P certification when, in anticipation of business resulting from Saudi Arabia’s recently announced Privatization Program, I was asked to conduct some PPP training workshops for my corporate banking colleagues. Initially the PPP Guide helped me to step back and focus on the...
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Body of Knowledge:
PPP Introduction and Overview - Appendix A - Project Finance
There are three basic sources by which a PPP project can be financed: debt, equity and government support[4].
Debt
Senior debt enjoys priority in terms of repayment over all other forms of finance. Mezzanine debt is subordinated in terms of repayment to senior debt, but ranks above equity both for...
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Force majeure has been introduced in this chapter (see section 5.6).
As described in the referred section, force majeure may have different meanings (and therefore a different scope in terms of events included within the category or general term) in different jurisdictions, and it may even be a...
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Media:
News
Congratulations to all the CP3P professionals who have worked hard to achieve their certification.
The CP3P Scheme is an innovation of the World Bank and has grown from strength to strength over the past five years. The PPP Guide has become the go-to body of knowledge for thousands of PPP...
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Media:
Blog posts
10 years ago, I saw these thought-provoking figures, “1.2 billion people live without electricity. 2.4 billion people don’t have improved sanitation. At least 663 million people lack access to safe drinking water.”
That was a milestone in my life when I decided to invest the rest of my life on...
