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Training Course Summary:

Background to PPP
History and development
Current position, future trends and developments
Rationale and objectives of PPP
Benefits and drawbacks of using PPP

The three basic structures in PPP/PFI projects
Concession and franchises
Sale/flotation of a minority/majority stake
Joint ventures

Specific structures in PPP/PFI projects
BOT (Build Operate Transfer)
BOOT (Build Own Operate Transfer)
DFBO (Design Build Finance Operate)
DCMF (Design Construct Manage and Finance)
BLT ( Build Lease Transfer)
BOO (Build Own Operate)
Leasing

Overview of Risk and Risk Allocation
Risk evaluation and types of risk
Allocation and mitigation of risk

Key Issues in PPP/PFI
Achieving design quality
Appointing and managing advisers
Appointing and working with preferred bidders
Public sector comparators (use, selection, construction and application)
Managing long-term delivery of PFI

Sources and Types of Funding
Potential financiers
Types of funding; terms and tenors (senior debt, bonds, junior debt,
equity)

Credit Enhancement
The role of monoline insurance and wraps
Guarantees and other forms of credit enhancement

Who Should Attend:

The will provide participants with a thorough understanding of the key aspects of PPP/PFI transactions and will also provide guidance on the practical application of those aspects from the perspective of all parties involved in those transactions including: Sponsors, Financiers, Accountants, Solicitors and those employed in the various Public Sector organisations involved in PPP/PFI transaction (e.g. Health Care, Local Authorities and other governmental departments). The topics and materials are illustrated by two real-life case studies which examine the critical aspects of these types of transactions which have been devised in conjunction with parties involved in these transactions.