Public Private Partnership Infrastructure Finance Training Course

Participants can map the approvals, mandates and governance needed for a PPP transaction.

• PPP policy objectives linked to transport plans and fiscal rules
• Institutional mandates for ministries, road agencies, PPP units and regulators
• Stage-gate approvals from project concept to financial close
• Cabinet, treasury and legislative decisions affecting concession commitments
• Governance map separating decision rights, advice and assurance functions
• Disclosure requirements for contracts, fiscal commitments and procurement decisions

Participants can screen candidate road projects against practical PPP suitability criteria.

• Defining corridor problems using travel time, safety and reliability evidence
• Initial demand assessment from origin-destination surveys and traffic counts
• Screening criteria for scale, service measurability and lifecycle requirements
• Market sounding questions for contractors, operators, lenders and investors
• Fatal-flaw analysis covering land, permits, utilities and political support
• PPP suitability scorecard documented with evidence and decision rationale

Participants can define output specifications and technical interfaces for a road concession.

• Output specifications for pavement condition, availability and roadside safety
• Level-of-service indicators for lanes, bridges, drainage and incident response
• Baseline surveys establishing asset condition before rehabilitation concessions
• Interface matrix for utilities, adjacent works and third-party access
• Lifecycle maintenance plans aligned with pavement and structure deterioration
• Handback requirements supported by inspections, reserves and condition standards

Participants can assess traffic assumptions and select an appropriate demand-risk approach.

• Traffic forecasting inputs: counts, stated preference, growth and route choice
• Base, downside and upside cases tested through sensitivity analysis
• Willingness-to-pay evidence for tolled roads and managed lanes
• Revenue leakage controls covering toll evasion, exemptions and collections
• Demand-risk allocation between authority, concessionaire and road users
• Shadow tolls, minimum revenue guarantees and revenue-sharing arrangements

Participants can prepare an economic case that supports a road PPP decision.

• Cost-benefit analysis using travel time, vehicle operating and safety benefits
• Economic internal rate of return and net present value calculations
• Discount rates, appraisal periods and residual values documented transparently
• Distributional effects assessed for users, non-users and affected communities
• Environmental and social costs incorporated into economic appraisal assumptions
• Strategic case narrative connecting corridor investment to policy outcomes

Participants can compare PPP and public-delivery options using value for money analysis.

• Public Sector Comparator built from capital, operating and risk costs
• Value for money drivers: lifecycle efficiency, risk transfer and competition
• Discounted cash flow comparison of PPP and public procurement options
• Optimism bias and reference class forecasting applied to cost estimates
• Qualitative value for money factors documented alongside model results
• Affordability, value for money and bankability distinguished in approvals

Participants can create a road PPP risk matrix with justified allocation proposals.

• Risk breakdown structure covering development, construction, operations and finance
• Probability-impact scoring calibrated through a risk assessment matrix
• Allocating risks to the party best able to manage
• Geotechnical, right-of-way and utility risks treated through evidence-led provisions
• Force majeure, political force majeure and change-in-law provisions
• Risk register linking mitigations, owners, costs and contractual remedies

Participants can interpret the core cash flows and outputs of a PPP financial model.

• Model architecture linking construction, operations, financing and investor returns
• Sources-and-uses schedule covering equity, debt, grants and reserves
• Cash flow waterfall from revenue through operating costs and debt service
• Debt service coverage ratio and loan life coverage ratio
• Equity internal rate of return and sponsor cash distributions
• Sensitivity tables for costs, traffic, interest rates and delays

Participants can assess financing terms and lender requirements for a road PPP.

• Senior debt, subordinated debt and equity roles within project finance
• Term sheets covering tenor, margins, covenants and repayment profiles
• Construction completion tests required before long-term debt conversion
• Direct agreements protecting lenders during concessionaire default events
• Security package over project accounts, contracts and concession rights
• Multilateral guarantees, viability gap funding and credit enhancement options

Participants can design a payment mechanism aligned with road service outcomes and budget limits.

• Availability payments calculated from unitary charges and performance deductions
• Indexation formulas separating inflation, foreign exchange and input-price movements
• Toll tariff structures, escalation rules and collection responsibilities
• Performance deductions for closures, poor pavement and safety failures
• Affordability model projecting annual payments against medium-term budget ceilings
• Fiscal commitments and contingent liabilities recorded in government reporting

Participants can incorporate environmental, social and stakeholder obligations into PPP preparation.

• Environmental and social impact assessment requirements before procurement launch
• Land acquisition and resettlement responsibilities allocated between project parties
• Stakeholder mapping for communities, freight operators and local governments
• Grievance mechanisms with escalation routes, records and response periods
• Biodiversity, drainage and climate resilience measures specified contractually
• Gender and accessibility requirements embedded within road service standards

Participants can plan a competitive procurement process for a bankable road concession.

• Procurement route selection: open tender, prequalification or competitive dialogue
• Request for qualification criteria testing technical, financial and legal capacity
• Market sounding protocol protecting fairness, confidentiality and procurement integrity
• Data room contents including surveys, designs, permits and traffic information
• Bid timetable aligned with approvals, lender diligence and bidder questions
• Probity controls for conflicts, communications and evaluation records

Participants can evaluate road PPP bids using transparent and defensible criteria.

• Evaluation plan defining pass-fail, scored and financial assessment criteria
• Technical scoring of design, maintenance methodology and mobilisation proposals
• Financial bid comparison using net present cost and affordability tests
• Assessing bidder financial capacity, funding evidence and key personnel
• Clarification protocols that preserve equal treatment among bidders
• Preferred bidder report documenting scores, risks and recommendation rationale

Participants can identify the contractual provisions and management controls needed after award.

• Concession agreement structure: scope, term, payment, risks and termination
• Key performance indicators monitored through inspection and reporting protocols
• Independent engineer roles during construction certification and dispute review
• Change-control process for variations, compensation events and refinancings
• Dispute resolution ladder using negotiation, expert determination and arbitration
• Contract management plan assigning authority roles, meetings and escalation

Participants can monitor delivery performance throughout construction, operations and handback.

• Construction monitoring against milestones, quality plans and completion tests
• Independent technical adviser reports reviewed by authority and lenders
• Operations dashboards tracking availability, pavement condition and incident response
• Payment certification process linking verified performance to monthly invoices
• Early-warning indicators for financial distress and contract non-performance
• Handback inspections, reserve accounts and asset-condition verification procedures

Participants can manage material changes and distress events while protecting public value.

• Renegotiation triggers distinguished from routine contract administration matters
• Refinancing gain-sharing clauses and approval requirements for debt changes
• Financial distress indicators: covenant breach, arrears and delayed works
• Step-in rights for lenders and public authorities during default
• Termination payment calculations under authority default, concessionaire default and force majeure
• Lessons-learned review capturing causes, decisions and corrective actions

Participants can build, review and present a complete outline road PPP business case and procurement recommendation.

• Project concept note defining corridor need, scope and service outcomes
• Demand, technical and environmental assumptions consolidated into an evidence base
• Economic case, Public Sector Comparator and affordability findings presented
• Risk matrix and proposed allocation tested against market capability
• Payment mechanism, financing structure and procurement timetable integrated
• Peer review challenging bankability, value for money and implementation readiness
• Executive presentation defending the recommended road PPP delivery structure