Course overview
A PPP should not be selected merely because private finance is available. Public authorities must determine whether the proposed structure is affordable and likely to provide better whole-life value.
This course introduces value-for-money analysis and public-sector cost comparison as decision-support tools, covering costs, revenues, financing assumptions, retained risks, transferred risks and contingent liabilities.
Who this is for
Public investment teams, PPP units, finance ministries, contracting authorities, advisers and project sponsors.
Participants will be able to
- Position value-for-money analysis within the lifecycle
- Construct a basic public-sector cost comparison
- Identify and value material risks
- Compare public and PPP delivery scenarios
- Assess affordability and contingent liabilities
- Communicate assumptions and limitations
Principal course areas
- Public-sector comparator
- Whole-life cost
- Revenue assumptions
- Financing costs
- Discount rates
- Risk matrices
- Risk-adjusted comparison
- Affordability
- Sensitivity analysis