Private Public Partnership
Scope
- Development of Feasibility study – Outline Business Case (OBC) helps public sector to asses if PPP way of procurement is more efficient than traditional approach
- Strategic assessment of project goals
- Definition, evaluation and assessment of possible project options using various tools: Financial modelling – Public Sector Comparator calculation and Value for Money testing, Quantitative and qualitative option appraisal
- Development of Technical solution study
- Legal due diligence and development of a procurement strategy
- Preparation and organization of PPP procurement process for private partner
- Project marketing, market soundings – assessment of market interest for the project
- Development of final specification of the project and preparation of the tender and legal documentation
- Bid evaluation
- Organization of tendering procedures, organization of competition dialogue, selection of preferred bidder, negotiation support up to Commercial and Financial Close
- Overall project management
Value Added
- Considering public budget constraints and public indebtness, PPP enables big investments in public infrastructure and services
- Higher Value for Money for the client – Recent studies made on UK PPP market show that PPP procurement is more efficient than traditional way on average by 16%
- Higher quality of public service
- Lower total project lifecycle costs