International project finance : the public-private partnership /: the public-private partnership. (2022)

• Record Type: Book
• Further Information: Note: Felix I. Lessambo.
• Authors: Lessambo, Felix I
• Contents: Chapter 1: Introduction to Project Finance1.1 General1.2 Characteristics of project Financing1.3 Public-Private Partnership Framework 1.3.1 PPP Policy· PPP Rationale· PPP Scope· PPP Implementation Principles· PPP Governance ArrangementsChapter 2: Project Financing and Direct Conventional Financing2.1 General2.2 Corporate Finance2.3 Traditional Procurement2.4 Project Finance2.5 Advantages and disadvantages of project finance 2.5.1 Advantages 2.5.2 Disadvantages2.6 Evolution of project finance 2.6.1 The Extractive and oil Industry 2.6.2 The Natural Resource Industry2.6.3 The Power Industry & Beyond Chapter 3: Sources of project funds 3.1 General3.2 Sources of Funds · Syndicated Commercial loans · Bridge finance Bonds and other debt instruments Stapled Financing Equity finance Mezzanine Loan Hybrid Instruments Pension funds Government grants 3.3 Project Financing Participants Project sponsors or owners Project company Contractor Operator Supplier Customer Multilateral agencies Export credit agency Legal advisers The trustee Insurance Companies 3.3 Public-Private Partnerships3.4 Structuring Project finance Chapter 4: Bankability4.1 General4.2 Bankability Assessment 4.2.1 Certainty of Revenue Stream 4.2.2 Risk Factors 4.2.2.1 Political Environment 4.2.2.2 Economic Environment 4.2.2.3 Legal System 4.2.2.4 Regulatory Framework 4.2.2.5 Environmental Risk 4.2.2.6 Project Specificity 4.2.2.7 Project Financial Structure 4.2.2.8 Third Party Risk Allocation 4.2.2.9 Contract Agreement 4.3 Bankability TradeoffChapter 5: Public Procurement: Laws and Regulations5.1 General5.2 Public Procurement Legal Framework The Constitution National Procurement Laws Procurement Regulations 5.3 Principles of Public Procurement 5.3.1 Transparency5.3.2 Integrity5.3.3 Efficiency5.3.4 Fairness5.3.5 Openness5.3.6 Competition5.3.7 Accountability5.4 Public Procurement Cycle5.4.1 Competitive Tendering5.4.2 Pre-Qualification of Bidders5.4.3 Processing and evaluating bids5.4.4 Making award recommendations5.4.5 Negotiating contracts5.4.6 Contract award letter and signing the contract.5.5 Public Procurement laws in the US, EU, and China 5.5.1 Public Procurement laws in the United States 5.5.2 Public Procurement laws in the European Union 5.5.3 Public Procurement laws in China Chapter 6: Assessment of project's viability and analytical tools6.1 General6.2 The Procurement Process6.3 The Six Assessment Areas 6.3.1 Project Identification and PPP Screening 6.3.2 Appraisal and Preparation Phase 6.3.3 Structuring and Drafting Phase 6.3.4 Tender Phase6.3.5 Contract Operational Management 6.3.6 Contract Finalization Management 6.4 The Analytical Tools: Infrastructure Prioritization Framework6.4.1 Infrastructure Prioritization Framework · Social Cost Benefit Analysis· Multi-Criteria Decision Analysis (MCDA) Chapter 7: The Identification and Management of Risks 7.1 General7.2 Identification of Projects: Project cycle Identification Preparation Appraisal Negotiation/Approval Implementation/Support Completion/Evaluation 7.3 Risk Assessment 7.3.1 Risk Identification Country risk Political risk Industry risk Project risk Customer risk Supplier risk Sponsor risk Contractor risk Operating risk Product risk Environmental risk Competitor risk Funding risk Currency risk Interest rate risk 7.4 Risk Allocations7.4.1 The Project sponsor7.4.2 The Lenders 7.4.3 The Contractor 7.4.4 The Suppliers 7.4.5 The Customers 7.5.6 The Project Company7.5.7 The Governments Chapter 8: The Project Finance contractual arrangement8.1 General8.2 PPP Types8.2.1 Build – Operate – Transfer (BOT) 8.2.2 Build – Own – Operate – Transfer (BOOT) 8.2.3 Buy-Build Operate (BBO)8.2.4 Build – Own – Operate (BOO)8.2.5 Build – Own – Operate – Transfer (BOOT) 8.2.6 Design – Build8.2.7 Design – Build – Finance8.2.8 Design – Construct – Maintain – Finance (DCMF) 8.2.9 O & M (Operation & Maintenance)8.2.10 Lease-Purchase8.2.11 Turnkey contract8.3 Bidding and Award Procedure Purposes Procedures Evaluation 8.4 PPP Contract clauses 8.4.1 PPP Contracts under various Legal Systems Common Law System Civil Law System Islamic law 8.4.2 PPP Key Contractual terms 8.4.2.1 Force Majeure The Concept of Force majeure Force Majeure and hardship clause Consequences of Force Majeure 8.4.2.2 Material Adverse Government Action 8.4.2.3 Change of Law Concept of Change in Law Relief and Compensation 8.4.2.4 Termination of Contract The concept of contractual termination Early Termination by the Public Authority 8.4.2.5 Governing Law and Dispute Resolution The PPP Governing Law The PPP Dispute Resolution Chapter 9: Alternative Dispute Resolution9.1 General9.2 Advantages and disadvantages of ADR9.2.1 Benefits of ADR9.2.2 Disadvantages of ADR9.3 Forms and Types of ADR9.3.1 Adjudicative ADR· Arbitration · Neutral Fact-Finding 9.3.2 Evaluative ADR· Peer Evaluation · Specialist or Expert Evaluation9.3.3 Facilitative ADR· Mediation · Conciliation · Consensus Building 9.4 International Platforms 9.4.1 The ICSID9.4.2 The International Chamber of Commerce 9.4.3 The Arbitration Institute of the Stockholm Chamber of Commerce (SCC)9.4.4 The Hong Kong International Arbitration Centre (HKIAC) 9.4.5 The Singapore International Arbitration Centre9.4.6 The Cairo Regional Centre for International Commercial ArbitrationChapter 10: Project Finance Governance10.1 General10.2 OECD Principles for public governance of PPP10.3 Quality Infrastructure investment principles10.4 PPP Governance Paradigm 10.4.1 Traditional Public Administration 10.4.2 New Public Management 10.4.3 Collaborative Governance 10.4.4 Private Governance Approach Chapter11: International Project Finance and Corruption11.1 General11.2 Forms of Corruption· Bribery· Lubrication· Subornation· Lobbying· Extortion· Cronyism· Patronage· Influence peddling· Graft11.3 Fighting corruption within World Bank Group-financed projects 11.3.1 Effects of Corruption on Projects Finance 11.3.2 Corruption in the extractive industries 11.3.3 Example: Extractive Industries Transparency Initiative Chapter 12: Infrastructure Projects Finance 12.1 General12.2 Substantial Project Financing12.2.1 Water and Sanitation Project12.2.1.1 Human Right to Water and Sanitation12.2.1.2 Water and Sanitation PPP· Concessions· BOT Project· DBO Project12.2.2 Transportation and Telecommunications Projects 12.2.2.1 Transportation· Airports · Ports · Roads· Railways· Urban Passenger Transport 12.2.2.2 Telecommunications12.2.3 Climate and Energy 12.2.3.1 Climate Change 12.2.3.2 Energy Power Chapter 13: Public Fiscal Risk Assessment Model13.1 General13.2Understanding the Fiscal Metrics 13.3 PPP Accounting and Reporting13.3.1 Budgeting13.3.2 Accounting13.3.3 Reporting PPPs in Public Deficit and Debt13.4 Assessment of Fiscal Risk (i) Identification and Assessment of Risks (ii) Mitigating factors13.5. Performing the Sensitivity analysis GDP shock. Exchange rate shock · Inflation shock. Chapter 14: Cases study14.1 General14.2 Successful stories 14.2.1 Breaking New Ground: Lesotho Hospital Public-Private Partnership—A Model for Integrated Health Services Delivery14.2.2 Ukraine: Providing Safe Harbors for Ukraine's Economic Growth 14.2.3 Senegal- A Road leads to Economic Opportunities 14.2.4 China (1997): The Greenfield project to install modern medium-density fiberboard plants 14.3 Unsuccessful PPP14.3.1 Liberia Education Advancement Programme (LEAP)14.3.2 The New Paris Courthouse 14.3.3 International Airport of Chinchero – Cuzco.
• Publisher Details: Basingstoke : Palgrave Macmillan
• Publication Date: 2022
• Extent: 1 online resource, illustrations (black and white)
• Subjects: 352.53; Public-private sector cooperation; Public contracts
• Languages: English
• ISBNs: 9783030963903
• Related ISBNs: 9783030963897
• Notes: Note: Description based on CIP data; resource not viewed.
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