Day One: Dynamics of PPPs
Competency Description: As a project/contract professional you need to understand the background and challenges of PPP infrastructure procurement
- Appreciate the nature of PPPs
- Understand the scope and structure of PPPs
- Recognise the challenges both public and private sectors face
- Understand how PPPs are financed
- Identify the principal limitations of PPPs
- Commercial landscape and background to PPPs
- PPP types and structures
- How PPPs are financed
- Implications of fiscal commitments
- Limitations and pitfalls of PPP procurement
Day Two: Development and Implementation of a PPP Transaction
Competency Description: As a project/contract professional you need to develop an understanding of the key stages and inputs of PPP infrastructure procurement
- Develop an appropriate procurement strategy
- Understand how to develop an output specification
- Identify key qualification and evaluation criteria
- Appreciate what financial close means
- Understand how to deal with unsolicited bids
- Procurement strategies
- Managing the bid process
- Performance-based output specifications
- Reaching financial close
- Dealing with unsolicited bids
Day Three: Structuring the PPP Contract
Competency Description: As a project/contract professional you need to be able to identify, assess and allocate the principal risks associated with the PPP form of procurement
- Identify key risk areas in PPP contracts
- Be able to interpret performance requirements
- Understand payment structures and mechanisms
- Recognise how to manage and resolve disputes
- Appreciate principal triggers to termination
- Identification, assessment and allocation of principal risks
- Performance and service requirements
- Different payment mechanisms
- Management and resolution of disputes
- Triggers and implications of termination
Day Four: Managing Other Key Elements of PPP Contracts
Competency Description: As a project/contract professional you need to understand and manage other key risk areas under a PPP contract
- Distinguish between relief and compensation events
- Understand price and payment issues
- Identify types of warranty and guarantee
- Recognise other key liability issues
- Understand the nature of ‘step-in’ rights
- Compensation and other relief events
- Price and payment terms
- Warranties, guarantees and Indemnities
- Intellectual property
- ‘Step-in’ rights
Day Five: Operation of the PPP Contract
Competency Description: As a project/contracts professional you need to develop both qualitative and quantitative management skills to support the long term nature of PPP contracts
- Appreciate the nature of the relationship between public and private partners
- Understand ways of monitoring delivery and risk
- Recognise how to deal with change
- Develop a practical ability to manage contract expiry
- Identify key elements of asset handover
- Relationship management between public and private partners
- Monitoring performance delivery and risk
- Dealing with change
- Managing contract expiry
- Handover of the asset or service