The course will be held over two days, with an optional third day.
Through discussion of relevant organisation structures, effective regulation, enabling legislation and risk management techniques used in Project Finance and PPP projects, participants will gain a comprehensive understanding of Project Finance deals. The course will be led by experts in the legal & banking sectors and will include detailed course materials, with interactive discussions, working groups and case studies. The delegates will be provided with copies of the main project documents i.e. Project Agreement, Construction Contract, Operations Agreement, Term Sheets and Loan Agreements.
The key issues in the Project Agreements and Financing documents will be covered in the two-day course. An optional third day is available for those delegates who wish to understand the various agreements in more detail and for practitioners involved in the detailed negotiation of the terms. The aim of the course is to give attendees a basic toolkit of knowledge and reference materials to enable them to understand the PPP process and the roles of key stakeholders.
The course will be held over two days, with an optional third day. Each delegate will receive a Certificate on satisfactory completion of the course.
DAY ONE
09.30 – 10.45 INTRODUCTION TO PPP
- History
- Concept Structure
- Acronyms explained (i.e. PPP/BOT)
10.45 – 11.00 COFFEE BREAK
11.00 – 11.45 UNDERSTANDING PPP
- Public policy issues – Why the process?
- Issues for governments
- Developing a legal framework
- The benefits of PPP
11.45 – 13.00 RISK IDENTIFICATION
- The players & their risks
- Types of Risk
- Internal Risks
- External Risks
13.00 – 14.00 LUNCH
14.00 – 15.15 RISK IDENTIFICATION & ALLOCATION
- Identifying, understanding & evaluating project risks
- How best can these risks be mitigated
- How best to allocate & transfer risks
15.15 – 15.30 COFFE BREAK
15.30 – 17.00 WORKSHOP ONE
Preparation of Risk Matrix for projects in different sectors (i.e. trains, prisons, roads, hospitals, renewable energy projects etc).
DAY TWO
09.15 – 10.00 ISSUES IN PROJECT AGREEMENTS
10.00 – 11.45 GUEST SPEAKER
Mike Wilkins, Managing Director – Environmental & Climate Risk Research, S&P Global
11.45 – 12.00 COFFEE BREAK
12.00 – 13.00 ISSUES IN PROJECT AGREEMENTS (continued)
13.00 – 14.00 LUNCH
14.00 – 15.30 GUEST SPEAKER
Mark Richards, Partner, Berwin, Leighton & Paisner LLP - discussing key issues in financing documents, current trends and bank ability.
15.30 – 15.45 COFFEE BREAK
15.45 – 17.00 WORKSHOP TWO
In this workshop delegates will split into teams and review the practical steps to finance and construct a power station in the private sector; the case study will look at it from sponsor, banking and government viewpoints and will review set up; risk analysis, documentation required, integration to grid and regulation.
DAY THREE
09.15 – 11.00 FINANCING DOCUMENTS
- Term Sheet
- Loan Agreement
- Inter creditor Agreement
- Direct Agreements
- Security documents
11.00 – 11.20 COFFEE BREAK
11.20 – 13.00 FINANCING DOCUMENTS (CONTINUED)
13.00 – 14.00 LUNCH
14.00 – 15.00 WORKSHOP THREE
In this session delegates will review selected case studies of completed projects across the world to illustrate best practice in project finance; healthcare, education, power (and renewables), and transportation (roads, rail, airports).
15.00 – 16.00 PUBLIC PROCUREMENT PROCESS AND POST CONTRACT
- The project business case
- Public Sector Comparator
- Procurement stages
- Evaluation options
- Events Post Contract
- Monitoring construction
- Performance – Benchmarking, market testing & Penalties
- Force Majeure events
- Disputes with the SPV
- Contract termination
16.00 END OF COURSE
FEES
Two Day Course:
Member – £995 plus VAT
Non-member – £1,395 plus VAT
Three Day Course:
Member - £1,495 plus VAT
Non-member - £1,995 plus VAT
Discounts are available for multiple bookings and are processed as follows:
For two delegates a 10% discount will be applied to the total fee
For three delegates a 15% discount will be applied to the total fee
For four or more delegates a 20% discount will be applied to the total fee
​Fees include all documentation, lunch and refreshments but does not include accommodation.
*Payment can also be made in USD, EUR, AUD, CAD, ZAR
**All prices are quoted excluding VAT