PPP Masters Training Institute Opens its Doors, June 7-10, in Washington, DC
The first-ever complete and comprehensive PPP training event!
- (1888PressRelease) March 25, 2011 - Vair Training presents: A first-ever dissection of the anatomy of an actual PPP deal... and more! Public-Private Partnership Masters Training Institute effectively brings together essential PPP quantitative, technical, financial, political and legal components - in one single event. Learn from those who have "been there and done that" on how to pick the right deal, including shaping the politics, the financial model and the procurement process.
The growing need for infrastructure, coupled with competing projects on limited available resources, is giving increasing attention to Public-Private Partnerships ("PPPs"). A PPP can be a complex process with several differing views - from concept to execution. Ensuring a PPP undertaking makes it across the finish line demands the collaboration of several different industry fields. All of these industry players are assembled under one roof for this comprehensive training event.
From technical-and-legal to analytical-and-financing, none of these elements are mutually exclusive. The instructors assembled are highly-trained professional practitioners with billions of dollars of project experience who will walk course participants through the "do's" and the "don'ts" of a successfully structured PPP project.
Starting with the analytical, participants are given a case study that takes an infrastructure project from Request-for-Proposal ("RFP") through contractual structures and finally to due-diligence financial close, all the while using quantitative methods to negotiate project and financing Terms and Conditions, including a view on Value-for-Money ("VFM") calculations. A primary objective of this section is to demonstrate how contracts and credit facilities should dove-tail from a risk-reward analysis perspective. This session takes great lengths to demonstrate commercial concerns for each respective participant.
Next, the course ties in technical aspects of the project. While the analytical may have some basic assumptions, how are they derived? This session looks at cost estimations from both top-down and bottom-up, examining life-cycle costs, capital-costs estimations and contingencies, among several others. This portion also explores VFM calculations and payment mechanisms from a technical viewpoint, along with important calculations on Liquidated Damages ("LDs") for non-performance.
"People don't sign models, they sign contracts" is the mantra of the legal section of the course. Participants are alerted to the pitfalls that occur when documenting projects. This session demonstrates how financial models and project documents must accurately reflect what is being structured. Legal also examines qualitative issues surrounding PPP projects, along with a more macro view on why and how parties can set the framework to ensure the possibility and potential success of the undertaking.
Featured Presenters: Vair, Halcrow, ING, PFM, McKenna Long & Aldridge LLP
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