Public-private partnership Management (PPPM)
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Public-private partnership Management (PPPM) Course
Introduction:
Effective contract management in public-private partnerships (PPPs) is crucial for ensuring the long-term success of projects in accordance with the agreed terms. Proper management can contribute to the project's success, while poor management can jeopardize years of preparation, procurement, and result in significant cost implications for taxpayers and service disruptions for end users.
As governments face increasing investment needs and limited budgets, they are turning to the private sector for expertise and financing in infrastructure delivery, often opting for PPPs. However, despite the growing popularity of PPPs as a procurement and financing model for infrastructure projects, the management of PPP contracts throughout the construction and operations phases is often overlooked.
The Public-Private Partnership Management (PPPM) training course focuses on effective management of the entire PPP process. It covers crucial aspects such as identifying, assessing, and allocating principal risks in structuring the PPP contract, as well as other key considerations in managing these long-term, high-risk contracts. The course draws on real-life cases to illustrate lessons learned and critical success factors from the perspectives of the public sector, government entities, and private companies involved in PPPs.
Course Objectives:
Public-private partnership Management (PPPM) training course will feature:
- Discussions on the dynamics of PPPs
- How key risk areas can be managed
- The use of PPPs in different sectors and services
- The roles and relationships of public and private parties
- Focus on principal ways PPP contracts can be properly managed
Who Should Attend?
Public-private partnership Management (PPPM) training course is designed to involve many personnel and departments to identify any knowledge gaps and enhance their awareness of PPP contracts management
- Project and contracts personnel in both public and private sectors
- Government officials, ministries, public sector agencies
- Project financiers, developers, sponsors, consultants
- Risk management personnel
- Auditors and comptrollers
- Commercial managers
- Contracts and purchasing managers and executives
- Finance managers
- Sales support team members
- Business development managers
Course Outlines:
Dynamics of PPPs
- Appreciate the nature of PPPs
- Understand the scope and structure of PPPs
- Recognize 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
Development and Implementation of a PPP Transaction
- 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
Structuring the PPP Contract
- Identification, assessment and allocation of principal risks
- Performance and service requirements
- Different payment mechanisms
- Management and resolution of disputes
- Triggers and implications of termination
Managing Other Key Elements of PPP Contracts
- Distinguish between relief and compensation events
- Understand price and payment issues
- Identify types of warranty and guarantee
- recognize 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
Operation of the PPP Contract
- Appreciate the nature of the relationship between public and private partners
- Understand ways of monitoring delivery and risk
- Recognize 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