Public-Private Partnerships for Infrastructure - Principles of Policy and Finance, Second Edition explains how public private partnerships are prepared, procured, financed, and managed from both the public- and private-sector perspectives.
As the use of public private partnerships continues to develop world-wide, both in the area of public policy and private financing and contracting, the Second Edition of this leading textbook:
- Captures and explains the latest approaches, providing a comprehensive all-round guide for those on both the public- and private-sector sides of the table
- Emphasises a step-by-step approach within a comprehensive, cross-referenced format
- Includes clear explanations of PPP evaluation, structuring and financing concepts for the benefit of those new to the topic: no prior knowledge is assumed or required
- Provides detailed reference points for more experienced practitioners
- Draws from the authors' experience and practice in PPP markets worldwide to provide a perspective on practical application of the key underlying principles
- Includes an extensive glossary of technical and financial terms used in the PPP sector
Please Note: This is an On Demand product, delivery may take up to 11 working days after payment has been received.
Table of Contents
Part I: Introduction 1. Overview 2. What Are Public-Private Partnerships? 3. Cash Flow and Investment Analysis Part II: The Public-Sector Perspective 4. Policy, Legal and Institutional Frameworks 5. The Project Cycle 6. Public-Sector Project Management 7. Assessing Needs, Project Definition and Selection 8. The PPP Decision-Value for Money 9. The PPP Decision-Affordability, Budgeting and Reporting 10. PPP Procurement
Part III: PPP Risk Analysis and Allocation 11. Risk Analysis-Theory and Methodologies 12. Risk Allocation-Construction Phase 13. Risk Allocation-Operation Phase 14. The Rôle of Insurance
Part IV: The PPP Contract 15. Service-Fee Payment Mechanism 16. Changes in Circumstances 17. Termination 18. Public-Sector Support for PPP Contracts 19. Public-Sector Contract Management
Part V: The Private-Sector Perspective 20. Sponsors and Other Investors 21. Project Finance and PPPs 22. Project-Finance Debt-Sources and Procedures 23. Financial Structuring 24. Macroeconomic Risks and Hedging 25. Lenders' Cash-Flow Controls, Security and Enforcement 26. Debt Refinancing and Equity Sale
Part VI: Alternative Models Summing Up 27. Alternative Models 28. PPPs-For and Against