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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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Body of Knowledge:
PPP Introduction and Overview
For a PPP to be successful, the government must protect and maximize VfM throughout the preparation and implementation process and the life of the contract. A failure to achieve the expected VfM constitutes a project failure.
Success in managing the PPP process is achieved by avoiding project...
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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:
Operations and Handback
5.1. Payment Mechanisms
The mechanism by which the private partner receives revenue with which it covers its costs, services its debt obligations, and generates a profit must be linked to the performance of its obligations under the PPP contract. The very heart of risk transfer and, therefore,...
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Body of Knowledge:
Tendering and Awarding the Contract
As noted in section 3, the risk of a challenge to the tender or award process is considered higher in PPPs than in a conventional procurement. To mitigate this risk, the procuring authority must have sound preparation and procurement processes, and a legal team and relevant subject matter experts...
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Body of Knowledge:
PPP Introduction and Overview
Grant financing (or pure co-financing) is not the only way to increase affordability and/or the commercial feasibility and bankability in PPP projects. There are other instruments (revolving, such as public loans or “co-lending”) and techniques (which may be referred to as de-risking or as credit...
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Body of Knowledge:
Strategy Delivery and Commissioning
9.1. Importance of Claims Management
A claim in the context of PPP contract management is somewhat of a misnomer. Well-structured PPP contracts allow for specific consequences for specific failures by one party to meet its obligations to the other party. These failures normally give rise to a...
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Body of Knowledge:
PPP Introduction and Overview
Section 4 (Motivations for using PPPs) described the features and value drivers of a PPP, that is, those characteristics that allow the government and the taxpayer to benefit from incremental efficiency when procuring suitable projects as PPPs. But the section also signals some conditions necessary...
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Media:
Blog posts
The Foundation level training, aimed at candidates from public sector institutions in Lesotho, was delivered in Maseru by Training Byte Size, an accredited training provider. Candidates from ministries and municipalities with a mixed skill set and experience level in delivering PPPs attended the...
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Body of Knowledge:
PPP Introduction and Overview
a) The Challenge of the Availability of Long-Term Finance
Private finance PPPs require long-term finance, the majority of which should be in the form of debt so as to maximize financial efficiency through gearing[51] (see section 7).
A sound financial structure requires that the debt is denominated...
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Media:
News
Компания APMG International и Международная Финансовая Корпорация (МФК) рады сообщить о том, что первый том Руководства по Государственно-частному партнерству (ГЧП) и иные материалы для подготовки и сдачи экзамена по Основам ГЧП теперь доступны на русском языке благодаря поддержке Швейцарского...
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Body of Knowledge:
Strategy Delivery and Commissioning
Where are We in the Process Cycle?
This part of the PPP Guide covers management of the contract during the Construction Phase of the PPP life cycle (delivery of the asset up to and including the commissioning of the asset). Therefore, all the general issues discussed previously in this chapter will...
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Body of Knowledge:
Appraising PPP Projects
Appraising a project means answering a fundamental set of questions about the project;
Is it sensible, from an economic perspective, to implement the project?
Is it practical to procure the project as a PPP? How much will it cost? Is it affordable from the government’s perspective?
Is there...
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Body of Knowledge:
PPP Introduction and Overview
Contracts for the procurement of services or management of existing infrastructure can be divided into two categories.
“At-risk” long-term management or service contracts that can be regarded as PPPs (these are service PPPs, not DBFOM contracts); and
Contracts that are regarded as conventional O...
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Body of Knowledge:
Appraising PPP Projects
IPSAS 32 deals specifically with service concession agreements, focusing on their governmental accounting consequences. The guideline presents a very comprehensive approach that includes most of the contracts defined as PPPs for the purpose of the PPP Guide. In fact, IPSAS 32 describes service...
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Body of Knowledge:
PPP Introduction and Overview
Previous sections have introduced the main variations and types of PPPs. The most relevant classification has been explained extensively, that is, user-pays versus government-pays PPPs. This and other variations and types of PPPs that consider other factors (ownership, scope, and so on) are shown...
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Accelerating Africa’s Economic Transformation through Project Management
The main objective of the First Edition of the Pan-African PMC is to give a strong impetus to the awareness of the African community on the key role of project management technologies in the process of the Africa’s economic...
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Body of Knowledge:
Strategy Delivery and Commissioning
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...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Default Situation and General Rules
When allocating risks, the government should be clear that risk transfer is defined by the contract scope and the PPP contract structure. Subject to the refinement of risk allocation, all risks inherent to the scope of the contract, and those appropriate to the...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
During the Appraisal Phase, all relevant aspects of the project were assessed for feasibility purposes, and in many countries public investment in the project would have been approved. Some feasibility exercises may be subject to confirmation during the Structuring Phase. This is especially true if...
