Public-private partnerships

Transcription

1 Public Administration International Public-private partnerships Focus on roads and transport BRITISH ACCREDITATION COUNCIL ACCREDITED SHORT COURSE PROVIDER One-week study programme 1 to 5 September 2014 PAI is accredited by the British Accreditation Council for Independent Further and Higher Education

2 About the programme 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 (PFI). The UK Government introduced PFI 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. PPPs and the PFI have been used by central government in the roads and rail sectors to provide new roads, bridges, train services and rolling stock. More recently, they have been adopted by local authorities to renew and improve street lighting systems and improve and maintain local roads. The Highways Agency, which is responsible for trunk (strategic) roads in England, has entered into a series of long-term (thirty year) Design, Build, Finance and Operate (DBFO) contracts to improve, manage and maintain some of its strategic motorways and all-purpose trunk roads. Our study programme explores experience with a wide range of publicprivate partnerships within the UK transport sector, particularly in 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 private 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 is 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. We will look, in particular, at the reforms that have been proposed in HM Treasury s report A new approach to public private partnerships, which was published in December Who is it for? Our programme 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.

3 How participants will benefit Attending our programme will: Broaden your knowledge of PFI and PPP schemes, their advantages and disadvantages and the key conditions for their success Enable you to learn at first hand from the experience of UK 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 Enable you to exchange experience with counterparts in other countries dealing with problems that might lend themselves to a PPP/PFI approach. What the programme 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 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 will include presentations and discussions, briefings by senior government officials, bankers, concessionaires and specialists involved in designing and implementing PFI/PPP schemes. The programme includes a site visit generally to a major DBFO project, or to a local government road agency that has been externalised to observe an example of a PFI/PPP scheme in action. Several presentations are made on-site at the offices of selected UK financial institutions to provide an opportunity for you to see these institutions at work. 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. This year s case study deals with an unsolicited offer from a concessionaire and you will be invited to: (i) evaluate and comment on the concessionaire s offer; and (ii) prepare a Public Sector Comparator to test whether it offers value-for-money, using a specially prepared Excel spreadsheet programme. 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 with you any relevant reports, key documents, etc. The examples brought were of great value. Mr Daniel Linder Specialist in Ground Transportation Regulation National Agency for Terrestrial Transportation (ANTT), Brazil

4 Programme outline Day 1 AM Welcome and introductions General introduction Overview of PFI/PPP schemes PFI/PPP schemes PM Principles Designing a concession Participants experience of PFI/PPP Day 2 Accessing private finance Value for money Examples of UK PFI/PPP schemes Participants experience of PFI/PPP continued Case studies PFI experience in the rail sector M25 design, build, finance and operate (DBFO) Day 3 Site visit Visit to a major DBFO project, or to a local authority where management of the road network has been delegated to a private sector entity Outsourcing management The Highways Agency experience Outsourcing management and maintenance Day 4 Wider policy issues Financial markets perspective Banker s perspective of PFI/PPP schemes Policy issues Case study exercise Day 5 Conditions for success Conclusion of case study Creating an intelligent client What to do when concessions go wrong Concluding discussions Presentation of certificates of attendance We reserve the right to change the programme as necessary.

5 Language The programme will be conducted in English. You will need to have a good working knowledge of the language. Location and arrival arrangements The study programme will be based in central London. We can arrange travel to and from one of the London airports for you if you let us have your flight arrival details in good time. The cost of airport transfers is included in the programme fee. Fees and other costs The fee for the study programme will be 1,970. It includes tuition, travel to and from the airport in 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. Airfares and daily travel to and from the study programme venue are not included. Our programmes are non-residential 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 140 per day for a modest standard of hotel (for example, threestar), local travel in the UK, meals (apart from a light lunch on working days) and other incidental expenses. 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 fee. We must receive payment in full no later than 1 September You or your government agency can pay by bank transfer or by cheque, made payable to Public Administration International. Discount and cancellation charges We offer a 10% reduction on the full tuition fee if we receive payment no later than thirty days before the first day of the programme. If we receive payment after that, we will charge the full tuition fee. We also offer a 10% discount on the tuition fee if a funding organisation sponsors more than three participants in any one calendar year. Please ensure that when you book your fourth and any subsequent participant (in any one calendar year) you let us know so that we can apply the discount. If you have to cancel your booking, you must let us know in writing and we will acknowledge in writing your cancellation. We make a cancellation charge of 100 to cover our administration costs. Alternatively, we can hold your fee as a credit towards the cost of future PAI study programmes. Insurance We advise you to arrange travel and health insurance cover before you leave home country. Programme Director The Programme Director is John Mather, C.Eng, MICE. John was formerly with the UK Highways Agency and now works as an independent consultant specialising in total quality management, projectspecific 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. 1 Travel to and from the airport in London and on scheduled visits in the programme are provided at cost.

6 Who we are Public Administration International (PAI) specialises in management consultancy 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. This programme is one of our range of specialist UK-based study programmes designed to meet the needs of public services worldwide. How to apply Please complete the Public Administration International application form and post, fax or it to: Clare Walters Programme Manager Public Administration International 56 Russell Square London WC1B 4HP UK T +44 (0) F +44 (0) pai@public-admin.co.uk You can also apply online. Please see our website for details: If you would like to discuss this programme, any of our other international study programmes or our consultancy services, please contact: Claire Cameron Managing Director Public Administration International T +44 (0) pai@public-admin.co.uk We also have extensive experience of designing tailor-made programmes (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 T +44 (0) F +44 (0) pai@public-admin.co.uk