Contingent Liabilities and Fiscal Risks in PPPs (October 23 - 27, 2017)

Course Offering:

Dates: October 23 - 27, 2017

Location: Washington, DC

Tuition: $3,750

Code: 2736-WA

CEUs: 3.0


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As public-private partnership (PPP) projects have proliferated throughout the world, governments are often required to assume contingent liabilities related to, for example, early contract termination, debt and revenue guarantees. These guarantees and contingent liabilities, often in the tens or hundreds of millions of dollars, present challenges to government planners and finance ministries that must track and score these obligations in accordance with sound legal and financial practices.

This course, developed by the Institute for Public-Private Partnerships, A Tetra Tech Company (IP3), will examine international best practices for measuring and managing government contingent liabilities arising from PPP contracts.

 

Learning Outcomes:

  • Using modern accrual accounting standards for optimum transparency and reporting contingent obligations.
  • Analyzing and identifying the contingent obligations as part of the project appraisal and assessment of value for money.
  • Developing and incorporating risk management in the PPP project cycle.
  • Deploying risk managers and evaluate the insurance and risk management practices of private companies in PPP projects.
  • Factoring uncertainty into the measurement of contingent PPP obligations.
  • Using risk tolerance lines for tracking contingent obligations during project execution.
  • Budgeting and reserving for contingent obligations and examination of processes followed in key PPP countries such as South Africa, Australia, Chile, and Colombia.