Full Day Professional Development Session
This one-day course is intended to provide participants with a sound understanding of Public Private Partnerships from a practitioner perspective. And provide answers to the following questions:
- Key principles underlying project finance
- The difference between project finance and corporate finance
- Why use project finance?
- How is project finance applied to infrastructure?
- What is an SPV?
- What is the difference between the funding and financing of infrastructure?
- What is a PPP and why are they used?
- What is contained in a well-structured business case?
- How do you develop a procurement strategy, what are the alternative procurement models?
- How do you determine the best fit for a project?
- How do you structure a tendering process for a PPP?
- How do you evaluate PPP bids and what is Public Sector Comparator?
- How do develop a risk allocation matrix for a PPP?
- How do you de-risk an SPV for a PPP and implement an appropriate contractual structure?
- How do you develop a payment mechanism?
- How does the State protect itself from adverse performance of a PPP?
- What are the most important clauses in a typical PPP contract?
- How well are PPP projects managed?
- How is a finance plan for a PPP developed?
- What are the key provisions in a Finance Term Sheet?
- How is the PPP model changing in response to the GFC?
Key learnings from real life case studies will used to illustrate points.
- Introduction to Project Finance
- Business Cases
- Procurement Strategy
- Tendering Process
- Risk Allocation
- Commercial Structuring
- Financial Structuring
- Evolution of PPPs
Speaker: Martin Locke, Adjunct Professor, UNSW
Adjunct Professor, UNSW- Martin Locke is an infrastructure financing specialist. Martin is a retired Partner of PwC having lead Infrastructure Advisory practice in Sydney over the period 2001-2014, after 23 years in investment banking with Deutsche Morgan Grenfell. He has provide financial and commercial advice on large infrastructure projects including PPPs. As well as advise on all aspects of the project life cycle from feasibility/business case, through to procurement, financing and financial close. Independent consulting roles, peer reviewer, expert panels, steering committees, Board directorships.
Date: Tuesday, 25th October
Time: 8:30am start, 5:00pm seminar concludes (8:00am registrations open)
Venue: Sydney, provided to confirmed attendees
Dress code: Business
Tickets: Member $660.00, Non-Member $990.00, Government $825.00
(Includes morning tea, lunch, and afternoon tea)