PublicPrivate Partnerships: Principles of Policy and Finance,Used

PublicPrivate Partnerships: Principles of Policy and Finance,Used

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Over the last decade or so, privatesector financing through publicprivate partnerships (PPPs) has become increasingly popular around the world as a way of procuring and maintaining publicsector infrastructure, in sectors such as transportation (roads, bridges, tunnels, railways, ports, airports), social infrastructure (hospitals, schools, prisons, social housing) public utilities (water supply, waste water treatment, waste disposal), government offices and other accommodation, and other specialised services (communications networks or defence equipment). This book, based on the author's practical experience on the public and privatesector sides of the table, reviews the key policy issues which arise for the public sector in considering whether to adopt the PPP procurement route, and the specific application of this policy approach in PPP contracts, comparing international practices in this respect. It offers a systematic and integrated approach to financing PPPs within this publicpolicy framework, and explains the projectfinance techniques used for this purpose. The book deals with both the Concession and PFI models of PPP, and provides a structured introduction for those who are new to the subject, whether in the academic, publicsector, investment, finance or contracting fields, as well as an aide memoire for those developing PPP policies or negotiating PPPs. The author focuses on practical concepts, issues and techniques, and does not assume any prior knowledge of PPP policy issues or financing techniques. The book describes and explains:* The different types of PPPs and how these have developed* Why PPPs are attractive to governments* General policy issues for the public sector in developing a PPP programme* PPP procurement procedures and bid evaluation* The use of projectfinance techniques for PPPs* Sources of funding* Typical PPP contracts and subcontracts, and their relationship with the projects financial structure * Risk assessment from the points of view of the public sector, investors, lenders and other project parties* Structuring the investment and debt financing* The key issues in negotiating a projectfinance debt facility. In addition the book includes an extensive glossary, as well as crossreferencing.*Reviews the PPP policy framework and development from an international perspective*Covers public and privatesector financial analysis, structuring and investment in PPPs*No prior knowledge of project financing required

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Frequently Asked Questions

  • Q: What is the main focus of the book 'Public-Private Partnerships: Principles of Policy and Finance'? A: The book primarily focuses on the principles of public-private partnerships (PPPs), exploring policy issues, financing techniques, and international practices in procuring and maintaining public-sector infrastructure.
  • Q: Who is the author of this book? A: The author of the book is E. R. Yescombe, who has practical experience in both the public and private sectors.
  • Q: What topics are covered in this book? A: The book covers various topics including types of PPPs, procurement procedures, project-finance techniques, risk assessment, and negotiation of PPP contracts.
  • Q: Is prior knowledge of PPP financing required to understand this book? A: No, the book is designed for readers without prior knowledge of PPP policy issues or financing techniques, making it accessible for beginners.
  • Q: How many pages does the book contain? A: The book contains a total of 368 pages.
  • Q: What type of binding does this book have? A: The book is available in hardcover binding.
  • Q: When was 'Public-Private Partnerships: Principles of Policy and Finance' published? A: The book was published on May 1, 2007.
  • Q: What condition is the book in? A: The book is listed as being in good condition.
  • Q: Does the book include a glossary? A: Yes, the book includes an extensive glossary for reference.
  • Q: What are the key benefits of understanding PPPs as discussed in the book? A: Understanding PPPs can help in making informed decisions regarding infrastructure projects, improving financial analysis, and navigating the complexities of public-sector procurement.