Dates: September 10-21, 2018
Location: Washington, DC
Contracts and legal agreements are at the heart of any public-private partnership (PPP) transaction. With sound agreements, PPPs and concessions can achieve the objectives set forth by governments. With poorly structured agreements, these partnerships have a higher likelihood of failing. With hundreds of millions of dollars at stake, it is imperative that time and money are well spent in designing good PPP and concession contracts.
In this course offered by the Institute for Public-Private Partnerships, A Tetra Tech Company (IP3), participants will learn best practices in creating, negotiating, and implementing sound PPP and concession contracts. Through the use of presentations, case contract reviews, and simulation exercises, participants will deepen their understanding of the key elements of successful PPP and concession contracts, how risks are effectively allocated, and how to develop negotiation skills. The course will describe key financing agreements typically required by lenders in project finance transactions. The course also includes a discussion of key risks and mitigation techniques, and how to handle contract disputes.
- Compare the structure and design of legal agreements for PPP infrastructure projects between public agencies and private investors
- Examine effective legal contracts within a regulatory framework
- Identify all relevant project risks: engineering, financial, economic, design/build, political, social
- Analyze and review legal documents including concession, offtake, and other types of PPP contracts and key financing agreements
- Identify how to take advantage of international best practices to improve personal or organizational negotiating position vis-á-vis international investors and partners
- Develop effective negotiation strategies to reduce costs and delays in procurement and project development
- Design a strategic legal agreement action plan