Course Overview

How can governments deliver essential infrastructure and public services when budgets are constrained and demand continues to grow? One widely adopted solution is Public-Private Partnerships (PPPs). By combining the strengths of the public and private sectors, PPPs enable the financing, development, and operation of large-scale projects across sectors such as transport, energy, healthcare, and education.

The Public-Private Partnership (PPP): Project, Finance and Contracts course by Transformentors Academy provides a comprehensive understanding of how PPPs are structured, financed, and managed throughout their entire lifecycle. Over eight days, participants explore key areas including contract design, financial structuring, procurement strategies, and stakeholder engagement frameworks that support successful PPP implementation.

The programme blends theoretical foundations with real-world case studies, demonstrating how PPP models can deliver value for money while supporting broader social, environmental, and governance objectives.

Agenda

Day — 1 Fundamentals of Public-Private Partnership (PPP)

• Introduction to Public-Private Partnerships (PPP) and their key objectives in infrastructure and public service delivery
• Reviewing the main types of PPP contract structures, including:
  • BOT (Build–Operate–Transfer)
  • DBFOM (Design–Build–Finance–Operate–Maintain)
  • BOO (Build–Own–Operate)
  • Concession agreements
• Examining the key stages of the PPP project lifecycle, including:
  • Concept and project identification
  • Preparation and design
  • Financing and contracting
  • Implementation and operations
  • Handover and transfer
• Identifying key government decision points at each stage of the PPP lifecycle
• Understanding strategies for effectively managing advisors and consultants in PPP projects
• Reviewing case studies that highlight PPP outcomes across different sectors and project types

Day — 2 Building Structured PPP Frameworks

• Reviewing the key elements of effective Public-Private Partnership (PPP) frameworks and their role in project governance
• Developing strategies for drafting PPP legislation that promotes transparency, accountability, and investor confidence
• Outlining steps to establish specialised PPP units within government or implementing organisations
• Examining institutional arrangements that ensure accountability, oversight, and compliance throughout the PPP lifecycle
• Identifying standardised procedures for PPP procurement and contracting, ensuring consistency, fairness, and efficiency in project delivery

Day — 3 Selecting and Preparing PPP Projects

• Understanding the key criteria for selecting suitable projects for Public-Private Partnership (PPP) implementation
• Designing a structured multi-criteria analysis framework for evaluating and prioritising PPP project candidates
• Reviewing key models used for managing financial and fiscal risks in PPPs, including:
  • Public Financial Management tools such as PFRAM (Fiscal Risk Affordability Management)
  • FCCL (Fiscal Commitment and Contingent Liability) framework
  • Value for Money (VfM) assessment tools
• Developing strategies for preparing a clear and structured Project Concept Paper for PPP initiatives
• Drafting detailed Terms of Reference (ToR) for engaging PPP feasibility study consultants, ensuring clarity in scope, deliverables, and expectations

Day — 4 Feasibility Studies and PPP Investment Preparation

• Developing strategies for effectively supervising consultants during PPP feasibility studies to ensure quality and consistency of outputs
• Understanding the key components of feasibility assessments, including:
  • Technical analysis
  • Economic analysis
  • Financial analysis
  • Legal analysis
• Applying methods to consolidate feasibility findings into a structured PPP business case for decision-making
• Discussing approaches for project risk allocation and mitigation, ensuring balanced sharing of risks between public and private partners
• Exploring the use of measurable performance indicators (KPIs) across different sectors to evaluate project success and operational efficiency

Day — 5 Financing PPP Projects

• Introduction to key financing models for PPP projects, including:
  • Sovereign finance
  • Corporate finance
  • Project finance
• Reviewing essential financial indicators used in PPP financial analysis, such as:
  • Internal Rate of Return (IRR)
  • Net Present Value (NPV)
  • Debt Service Coverage Ratio (DSCR)
• Developing strategies for evaluating and validating consultant-prepared financial models
• Understanding key credit enhancement instruments, including:
  • Blended finance structures
  • Viability Gap Funding (VGF)
  • Partial guarantees
  • Risk insurance mechanisms
  • Output-Based Aid (OBA)
• Exploring structured steps to integrate financing instruments into PPP project design and financial structures to improve bankability and project viability

Day — 6 PPP Procurement and Transaction Management

• Understanding key PPP procurement approaches, including:
  • Expression of Interest (EOI)
  • Request for Qualifications (RFQ)
  • Request for Proposals (RFP)
• Defining criteria for technical and financial qualification of bidders in PPP projects
• Reviewing essential PPP procurement documentation, including:
  • Bidding documents
  • Draft agreements
  • Investment memoranda (InfoMemo)
• Developing strategies for marketing PPP projects to attract qualified domestic and international investors
• Applying effective techniques for managing PPP transactions, from bid evaluation to contract award
• Understanding best practices to achieve commercial and financial close, ensuring successful project execution and funding finalisation

Day — 7 Stakeholder Management and ESG Integration

• Identifying key stakeholder categories in PPP projects and their engagement requirements throughout the project lifecycle
• Developing strategies for effective communication, consultation, and transparency in PPP implementation
• Reviewing essential processes for assessing environmental and social impacts of infrastructure projects
• Understanding major international ESG reference frameworks, including:
  • Equator Principles
  • World Bank Environmental and Social Standards
  • IFC Performance Standards
• Applying structured methods for community engagement, ensuring inclusivity and participation of affected populations
• Designing approaches that support inclusive development, with a focus on low-income and vulnerable groups in PPP projects

Day — 8 Long-Term Contract and Performance Management

• Developing structured approaches for long-term PPP contract management planning to ensure sustainability and performance over the project lifecycle
• Establishing effective Project Management Units (PMUs) for ongoing contract monitoring, coordination, and reporting
• Applying methods to monitor technical quality, service delivery standards, and operational performance in PPP projects
• Reviewing economic models used for contract pricing, payment mechanisms, and adjustment formulas over time
• Understanding legal tools and frameworks for contract renegotiation and dispute resolution in PPP agreements
• Exploring Alternative Dispute Resolution (ADR) mechanisms for efficiently managing conflicts in PPP contracts without lengthy litigation
• Summarising key takeaways from the course and conducting the final course evaluation

Learning Outcomes

After completing the Public-Private Partnership (PPP): Project, Finance and Contracts course, you will be able to:

• Understand the core principles of Public-Private Partnerships and how they support the financing and delivery of infrastructure and public services
• Identify different types of PPP contract models and evaluate their suitability for various project contexts
• Apply structured evaluation methods to select PPP projects using feasibility analysis and value-for-money assessments
• Assess project financial models and fiscal risks, and apply credit enhancement tools to improve bankability
• Design robust feasibility studies and business cases that ensure affordability, sustainability, and balanced risk allocation
• Develop transparent procurement strategies and prepare effective tender documentation to attract qualified private sector partners
• Analyse stakeholder engagement processes and integrate ESG considerations to align projects with social, environmental, and governance goals
• Plan and manage long-term PPP contract administration, including performance monitoring, service quality assurance, and dispute resolution mechanisms

Who Should Attend

This programme is designed for professionals involved in the development, financing, and management of Public-Private Partnership (PPP) projects. It will benefit:

• Government officials responsible for planning, procuring, or overseeing public infrastructure and service delivery
• Financial professionals involved in structuring, evaluating, and financing PPP transactions
• Legal advisers engaged in drafting, reviewing, or negotiating PPP contracts and agreements
• Project managers, consultants, and engineers involved in project preparation, design, and implementation
• Private sector stakeholders, including developers, investors, and contractors participating in PPP ventures
• Representatives from donor agencies and NGOs working in infrastructure development and public service projects