POSTPONED UNTIL FURTHER NOTICE: We regret to inform you that this training session has been postponed until further notice due to unforseen circumstances. If you would like to register your interest for future training sessions in South Africa, please email training@ipfa.org.
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, negotiating techniques and ways to successfully implement Project Finance deals. The course will be led by experts in the legal and 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. Each delegate will receive a Certificate on satisfactory completion of the course.
The course will be held over three days – Full details are set out below:
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 - 10.45 PROJECT DOCUMENTS
- Special Purpose Vehicle (SPV)
- Project/ Concession Agreement
- Construction Agreement
- Operations Agreement
- Power Purchase Agreement
10.45 - 11.15 COFFEE BREAK
11.45 – 13.00 PROJECT DOCUMENTS (CONTINUED)
13.00 – 14.00 Lunch
14.00 – 15.15 PROJECT DOCUMENTS (CONTINUED)
15.15 – 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
IPFA Member/ Public Sector rate: £1,595 (exc VAT)
Non IPFA Member: £1,995 (exc VAT)
Fees include all documentation, lunch and refreshments but does not include accommodation.
Discounts are available for multiple bookings.
REGISTRATION
If you would like to attend the training course, please complete the online booking form by registering your interest via the link below.