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“A long-term contract between a public party and a private party , for the development and/or management of a public asset or service, in which the private agent bears significant risk and management responsibility through the life of the contract, and remuneration is significantly linked to performance, and/or the demand or use of the asset or service”.
The Foundation level is aimed at individuals working at a basic level of PPP implementation, with little or no prior experience. It aims to standardize their knowledge of the PPP process and terminology. The exam tests whether a candidate has sufficient knowledge and understanding of the PPP to act as an informed team member of a PPP finance project. Thus enabling them to participate in a team environment and move on to implementing the process. The Foundation course is a pre-requisite for the next preparation Stage.
The Preparation course is aimed at individuals involved in the development or implementation of PPP Frameworks or the initiation and preparation of PPP projects, mostly public sector officials, practitioners and their advisors or consultants. Private sector candidates may benefit from a greater understanding of the PPP concept as an asset/ business opportunity. The course tests whether candidates have achieved sufficient understanding of how to apply and tailor PPP Frameworks and PPP Project Identification, Screening, Appraisal and Preparation Processes in a given governmental context.
The Execution stage is aimed at individuals involved in the structuring and tendering of PPP projects and the management of PPP contracts, mostly public sector officials, practitioners and their advisors or consultants. Private sector candidates may benefit from a greater understanding of the PPP concept as an asset/business opportunity. The course tests whether the candidate has achieved sufficient understanding of how to apply the structuring and drafting process of PPP tender documents and the PPP contracts, as well as the management of PPP contracts during the Construction and Operations Phases
Understand Infrastructure as per Govt definition: The Reserve Bank of India consider the following Infrastructure Sector/ sub sectors.
3. Execution Stage
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