Over the past decade, many countries have initiated major infrastructure sector reforms that separated policy making from service delivery and promoted projects with various forms of private sector participation or public private partnerships (PPPs). This unique five-day training course has been developed to provide an understanding to developing and implementing successful and robust PPP contracts and legal agreements.
This course is about setting out the key parameters that make for successful and robust PPP agreements, parting from key principles for their design and implementation all the way to practical aspects of contractual and legal implications of PPPs. Since these types of contracts are long term contracts, it is important that their development is based on an adequate risk allocation between the public and private sector, apportioning risk according to the maxim of the ‘person best paced to manage such a risk’.
This course parts from setting out the basic elements for considering Private Participation in developing infrastructure, and then looks at how to best plan the process of introducing private expertise and finance.
As many PPPs are actively used to provide public services, the course will delve into the importance of involving different stakeholders in the design of the arrangement. This leads on to an appropriate allocation of risks and responsibilities between the parties and how that is represented within a contractual arrangement. Finally, an overview of the fiscal impact of PPPs, and the need for governments to adequately manage direct and contingent liabilities related to such agreements will be looked at. Ultimately, it is this combination of issues and topics whose careful combination can lead to the successful design, implementation and monitoring of PPP schemes for infrastructure.
- Government officials, ministries and publicsector agencies
- Investment planning commissions
- Project developers, sponsors and consultants
- Senior investment and credit analysts
- Commercial, Business Development, Bid and Acquisitions Managers
- Lawyers and legal counsel
- Project financiers
- Credit, Risk and Investment officers
- Chief Financial Officers and Controllers
- Infrastructure and structured finance specialists