GUIDELINES FOR SUCCESSFUL PUBLIC - PRIVATE PARTNERSHIPS

0,86
MB

100
stron

991
ID Committee of the Regions, European Commission

2003
rok

INDEX

PART 1 ALTERNATIVE PPP APPROACHES13

1 INTRODUCTION .13

2 WHY PPP.14

3 PPP STRUCTURES .16

3.1 Opportunities for Private Involvement in Traditionally Procured Projects.19

3.2 Integrated Project Development and Operation Opportunities .21

3.3 Partnership Project Development and Investment Opportunities23

4 THE SUITABILITY AND EFFECTIVENESS OF ALTERNATIVE PPP STRUCTURES.26

4.1 Suitability to Transport Projects 26

4.2 Suitability to Water Projects 29

4.3 Suitability to Waste Projects 29

5 REQUIREMENTS OF THE PPP PARTNERS.31

6 ACHIEVING SUCCESSFUL PARTNERSHIPS.34

PART 2 LEGAL AND REGULATORY STRUCTURES.36

1 INTRODUCTION .36

2 LEGAL HIERARCHY.37

3 NATIONAL REGULATORY AND LEGISLATIVE ISSUES 38

4 PROJECT CONTRACTUAL ISSUES 39

5 PROCURING THE PRIVATE CONTRACTOR.41

5.1 Choice of Procurement Procedure .42

6 INSTITUTIONAL STRUCTURES.48

PART 3 FINANCIAL AND ECONOMIC IMPLICATIONS OF PPP50

1 INTRODUCTION .50

2 FINANCIAL IMPLICATIONS OF RISK 50

2.1 Revenue Risk.51

2.2 Choice of Private Sector Partner .52

2.3 Construction Risk .52

2.4 Foreign Exchange Risk.52

2.5 Regulatory / Contractual Risk 52

2.6 Political Risk 53

2.7 Environmental / Archeological Risk.53

2.8 Latent Defect Risk.53

2.9 Public Acceptance Risk 54

2.10 Sustainability Risk 54

2.11 Hidden Protectionism.54

3 ENSURING VALUE FOR MONEY IN A PPP .55

3.1 Factors Determining Value for Money.55

3.2 Assessing Value for Money Potential .55

3.3 Parameters for the Final VFM Assessment56

3.4 Elements of the Value for Money Assessment 57

3.5 Parameters Required for the Non-Monetary Comparison .59

3.6 Results of the Value for Money Assessment59

4 OPTIMISING THE GRANT CONTRIBUTION .59

PART 4 INTEGRATING GRANT FINANCING AND PPP CHARACTERISTICS63

1 INTRODUCTION .63

2 JUSTIFYING GRANT FINANCING63

2.1 Determining the Form of Grant Assistance65

3 COMMISSION FINANCING CHARACTERISTICS65

3.1 Managing the Commission – PPP Relationship.67

4 LENGTH OF CONCESSIONS72

PART 5 PPP CONCEPTION, PLANNING & IMPLEMENTATION74

1 INTRODUCTION .74

2 PRACTICAL CONSIDERATIONS75

3 IS A PPP FEASIBLE - IDENTIFICATION 77

3.1 Obstacles and Constraints77

3.2 Private Sector Interest78

3.3 Is PPP the Best Delivery Method .78

4 SELECTING AN APPROPRIATE PPP STRUCTURE – PROJECT APPRAISAL 79

4.1 Needs Assessment .79

4.2 Risk Allocation79

4.3 Components of Service Delivery to Include in Public Private Partnerships80

4.4 Budget Refinement81

4.5 Basic Conditions Expected in a Partnership82

5 PPP DESIGN & AGREEMENT 82

5.1 Completion of Project Design 82

5.2 Contract Form Design88

5.3 Selection and Design of Procurement Process.89

6 IMPLEMENTATION CONDITIONS .90

6.1 Contract Management ..90

ANNEX 1. BIBLIOGRAPHY95

ANNEX 2. NOTES FROM THE WORKSHOP.96