Public-Private Partnerships Internal audit and risk management

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1 Strengthening governance worldwide Public-Private Partnerships Internal audit and risk management Adding value One-week professional development workshop 3 to 7 September 2018 BRITISH ACCREDITATION COUNCIL ACCREDITED SHRT COURSE PROVIDER PAI is accredited by the One-week workshop British Accreditation Council 7 to 11 March 2016for Independent Further and Higher Educatio

2 About the workshop Public-Private Partnerships (PPPs) can cover all types of collaboration between the public and private sectors to deliver policies, services, and infrastructure. Where the delivery of public services involves private sector investment in infrastructure the most common form of PPP is the Private Finance Initiative or PFI (now PF2). The UK Government introduced PF1 in 1992 to facilitate closer co-operation between the public and private sectors and to introduce private sector skills and disciplines into the delivery and management of projects and services that were traditionally undertaken in the public sector. Since then it has made extensive use of PPP/PFI. Our workshop explores experience with a wide range of public-private partnerships within the UK transport sector, particularly to relation to roads and railways. It examines why these partnerships were set up, what benefits they have brought to both the Government and the public, and whether aspects of the UK s emerging good practice can be adapted for use in other countries. It will introduce you to the latest thinking about reforming the PFI so that it: Is less expensive and uses private sector innovation to deliver services more cost effectively Can access a wider range of financing sources, including encouraging a stronger role to be played by pension fund investment Strikes a better balance between risk and reward to the public sector Has greater flexibility to accommodate changing public service needs over time Maintains the incentive on the private sector to deliver capital projects to time and to budget and to take performance risk on the delivery of the services Delivers an accelerated and cheaper procurement process, and Gives greater financial transparency at all levels of the project so that the public sector can be confident it is getting what it paid for, and the taxpayer is sure he/she is getting a fair deal now and over the longer term. Who is it for? Our workshop is designed to meet the needs of senior staff from Ministries of Finance and Transport, senior road agency staff, bankers and financiers, parliamentarians, organisations planning to bid for PFI/PPP contracts from government and consultants advising these organisations and also senior staff from the education, health and justice sectors. How participants will benefit Attending the workshop will: Broaden your knowledge of PPP and PFI schemes, their advantages and disadvantages and the key conditions for their success Enable you to learn from the experience of public and private sector policy makers, administrators and managers Encourage you to review the UK experience in relation to the institutional capacity required to deliver efficient public services, using private sector providers Help you to consider what might be involved in applying the UK experience to your own country, and Enable you to exchange experience with counterparts in other countries dealing with problems that might lend themselves to a PPP/PFI approach. I found the workshop extremely useful. Nasser Tamei First Secretary, Papua New Guinea High Commission in London

3 What the workshop will cover We will focus on five key topics related to PFI/PPP schemes: The rationale behind PFI/PPP schemes, the differences between them and whether they offer value-for-money How to access private sector finance and the specifics of how to design and let a transport sector concession Outsourcing public sector management and maintenance to the private sector The wider policy issues affecting PFI/PPP schemes, including what bankers, debt rating agencies, and financial markets think about these schemes, and Essential conditions for the success of PFI/PPP schemes, including the regulatory framework (monitoring and applying penalties), what to do when a concession goes wrong, and building an intelligent client to manage concession projects. We aim to include presentations and discussions, briefings by senior government officials, bankers, concessionaires and specialists involved in designing and implementing PFI/PPP schemes. The workshop includes a site visit generally to a major Design, Build, Finance, Operate project, or to another Public Private Partnership to observe an example of a PPP/PFI scheme in action. There is also an extended case study exercise designed to examine how the lessons learned from the UK experience might be applied in other countries. A key element for sharing experience and good practice will be sessions where you are invited to give an informal presentation on issues relating to PPP/PPI from your own country. Please bring any relevant reports, key documents, etc with you. Programme outline Day 1 Day 2 Day 3 Day 4 Day 5 AM Welcome and introductions The week ahead Public Private Partnerships Private finance PPP in the roads sector Strategic roads Local roads Managing change PPP in the rail sector Privatisations Franchising Rolling stock renewal PPP for public services Health Education Justice Conditions for success Creating an intelligent client Project management Sharing best practice PM Financial considerations Designing a concession Investors perspective Participants experience of PPPs/ PFI Site visit Lessons learned The Channel Tunnel Rail Link London Underground The West Coast Main Line Franchise Case study Briefing Financial model Conclusions We reserve the right to change the programme as necessary. Concluding discussion Review (strengths and areas for improvement) Evaluation of the workshop Presentation of certificates of attendance

4 Language The workshop is conducted in English. You will need to have a good working knowledge of the language. Location and arrival arrangements The workshop is based in central London. We can arrange travel to and from one of the London airports into central London if you let us have your flight arrival details in good time. The cost of airport transfers is included in the workshop Fees The fee for the workshop will be 2,220. It includes tuition, travel to and from one of the London airports into central London, travel on scheduled visits which form part of the programme 1, presentation material and other documentation. It also includes a light lunch and refreshments during each working day. Substitutions and transfers If you have booked a place on a workshop and are not able to attend, we will accept an appropriate substitute at any time without penalty but our normal terms and conditions will apply. Also, it is possible to transfer to a future workshop but only one transfer is permitted. Please get in touch with us and we will advise you about transfers. Please see our website for our full terms and conditions. If you would prefer a hard copy of our full terms and conditions please let us know. Insurance We advise you to arrange travel and health insurance cover before you leave your home country. Other costs Airfares and daily travel to and from the workshop venue are not included. Our workshops are nonresidential and you are responsible for your accommodation costs. We can help you with booking hotel accommodation so please let us know if you would like us to advise you or make a reservation. We suggest that you should allow approximately 160 per day for a modest standard of hotel (for example, three-star), local travel in the UK, meals (apart from a light lunch on working days) and other incidental expenses. Value Added Tax We do not have to charge UK Value Added Tax (VAT) if you can provide written confirmation from your government or its accredited representative that you are employed by the government in furtherance of its sovereign activities. In all other cases, we will have to charge VAT (currently 20%) in addition to the Ways to pay You, or your government agency, can pay by bank transfer or by cheque, made payable to Public Administration International. We also accept payment by credit or debit card but there is a surcharge for this way of paying. Please contact us if you would like to pay by credit or debit card. Discounts We offer a 10% reduction on the full tuition fee if we receive payment no later than 21 days before the first day of the workshop. If we receive payment after that, we will charge the full tuition Additional discounts may be available. Please contact us if you would like to discuss options. Cancellation If you have to cancel your booking you must let us know in writing and we will acknowledge in writing your cancellation. 1 Travel to and from the airport in London and on scheduled visits during the workshop are provided at cost.

5 Workshop Director The Workshop Director is John Mather, MICE. John, a Chartered Civil Engineer, was formerly with the UK Highways Agency and now works as an independent consultant specialising in total quality management, project-specific partnering and in value and risk management. He has worked for a number of contractors and local authorities, has trained and worked as a Quality Facilitator and has managed several organisational self-assessments against the UK Business Excellence Model. John, who is currently Vice Chairman of the North Wales Branch of the Institution of Civil Engineers, believes in Continuous Professional Development (CPD). He has served as our Workshop Director for several years. Who we are PAI (Public Administration International) specialises in management consultancy, training and development services for organisations in, and associated with, the public sector. We provide advice and support for governments going through political, economic, structural and legislative change. Our extensive network of associates includes practitioners, academics and independent consultants. Our key objectives are promoting good governance and good practice in delivering public services. This workshop is one of our range of specialist UK-based professional development workshops designed to meet the needs of public services worldwide. We pride ourselves on our: High quality, practical advice and support for our clients Professionalism and integrity Ability to offer excellent value for money Sound experience and track record internationally Networks and partnerships across the world Flexible, collaborative approach Friendliness and focus on putting people first. How to apply Please complete the PAI application form and post, fax or it to Clare Walters, Programme Manager, at the address on the bottom of the page. You can also apply online via our website If you would like to discuss this workshop, any of our other international workshops or our consultancy services, please contact Claire Cameron, Director. We also have extensive experience of designing tailor-made training (from one day to two or three weeks) which can be run in your own country or in the UK to meet the specific needs of groups or individuals at all levels within your organisation. Please contact us if you would like further information. Public Administration International 56 Russell Square London WC1B 4HP UK T: + 44 (0) F: + 44 (0) E: pai@public-admin.co.uk