Module-4: Appraising PPP Project

Learning Objectives:

To assess whether the project and PPP project contract is feasible in order to mitigate the risk of project failure during tender or during the contract life of the project, and to further advance its preparation as a PPP.

Tasks :

• Refine project scope and pre-design, test technical feasibility and assess environmental impact;
• Refine socio-economic feasibility/assessment (CBA) or conduct it in full from the outset;
• Assess PPP commercial feasibility (which includes bankability) and test the market;
• Develop other financial assessments: VfM under the Public Sector Comparator method (PSC analysis) in some countries, PPP affordability, and national accounting impact analysis (in some countries);
• Preparation and due diligence: assess risks and conduct due diligence tasks;
• Pre-structuring the PPP; and
• Define procurement strategy / route and design the procurement plan.