International Project Finance: The Public-Private Partnership (Hardcover)

· 제목 : International Project Finance: The Public-Private Partnership (Hardcover) 
· 분류 : 외국도서 > 경제경영 > 금융/재정 > 일반
· ISBN : 9783030963897
· 쪽수 : 214쪽
· 출판일 : 2022-04-19

Chapter 1: Introduction to Project Finance

1.1 General

1.2 Characteristics of project Financing

1.3  Public-Private Partnership Framework

            1.3.1 PPP Policy

• ·         PPP Rationale
• ·         PPP Scope
• ·         PPP Implementation Principles

1.3.2 PPP Governance Arrangements

Chapter 2: Project Financing and Direct Conventional Financing

2.1 General

2.2 Corporate Finance

2.3 Traditional Procurement

2.4 Project Finance

2.5 Advantages and disadvantages of project finance

            2.5.1 Advantages

            2.5.2 Disadvantages

2.6 Evolution of project finance

2.6.1 The Extractive and oil Industry

2.6.2 The Natural Resource Industry

2.6.3 The Power Industry & Beyond

Chapter 3: Sources of project funds

3.1 General

3.2 Sources of Funds

• Syndicated Commercial loans
•  Bridge finance
• Bonds and other debt instruments
• Stapled Financing
• Equity finance
• Mezzanine Loan
• Hybrid Instruments
• Pension funds
• Government grants

3.3 Project Financing Participants

• Project sponsors or owners
• Project company
• Contractor
• Operator
• Supplier
• Customer
• Multilateral agencies
• Export credit agency
• Legal advisers
• The trustee 
• Insurance Companies

3.3 Public-Private Partnerships

3.4 Structuring Project finance

Chapter 4: Bankability

4.1 General

4.2 Bankability assessment

4.3 Bankability tradeoff

Chapter 5: Public Procurement: Laws and Regulations

5.1 General

5.2 Public Procurement Legal Framework

The Constitution

National Procurement Laws

Procurement Regulations

5.3 Principles of Public Procurement 

5.3.1 Transparency

5.3.2 Integrity

5.3.3 Efficiency

5.3.4 Fairness

5.3.5 Openness

5.3.6 Competition

5.3.7 Accountability

5.4 Public Procurement Cycle

5.4.1      Competitive Tendering

5.4.2      Pre-Qualification of Bidders

5.4.3      Processing and evaluating bids

5.4.4      Making award recommendations

5.4.5      Negotiating contracts

5.4.6      Contract award letter and signing the contract.

5.5 Public Procurement laws in the US, EU, and China

            5.5.1 Public Procurement laws in the United States

            5.5.2 Public Procurement laws in the European Union

            5.5.3 Public Procurement laws in China

Chapter 6: Assessment of project’s viability and analytical tools

6.1 General

6.2 The Procurement Process

6.3 The Six Assessment Areas

6.3.1 Project Identification and PPP Screening

6.3.2 Appraisal and Preparation Phase

6.3.3 Structuring and Drafting Phase

6.3.4 Tender Phase

6.3.5 Contract Operational Management

6.3.6 Contract Finalization Management

6.4 The Analytical Tools:  Infrastructure Prioritization Framework

·         Social Cost Benefit Analysis

·         Multi-Criteria Decision Analysis (MCDA)

Chapter 7: The Identification and Management of Risks

7.1 General

7.2 Identification of Projects: Project cycle

• Identification
• Preparation
• Appraisal
• Negotiation/Approval
• Implementation/Support
• Completion/Evaluation

7.3 Risk Assessment

            7.3.1 Risk Identification

• Country risk
• Political risk
• Industry risk
• Project risk
• Customer risk
• Supplier risk 
• Sponsor risk
• Contractor risk 
• Operating risk
• Product risk
• Environmental risk
• Competitor risk
• Funding risk
• Currency risk
• Interest rate risk

7.4 Risk Allocations

7.4.1 The Project sponsor

7.4.2 The Lenders

            7.4.3 The Contractor

            7.4.4 The Suppliers

            7.4.5 The Customers

7.5.6 The Project Company

7.5.7 The Governments

Chapter 8: The Project Finance contractual arrangement

8.1 General

8.2 PPP Types

8.2.1 Build ? Operate ? Transfer (BOT) 

8.2.2 Build ? Own ? Operate ? Transfer (BOOT) 

8.2.3 Buy-Build Operate (BBO)

8.2.4 Build ? Own ? Operate (BOO)

8.2.5 Build ? Own ? Operate ? Transfer (BOOT) 

8.2.6 Design ? Build

8.2.7 Design ? Build ? Finance

8.2.8 Design ? Construct ? Maintain ? Finance (DCMF) 

8.2.9 O & M (Operation & Maintenance)

8.2.10 Lease-Purchase

8.2.11 Turnkey contract

8.3 Bidding and Award Procedure

• Purposes
• Procedures
• Evaluation

8.4 PPP Contract clauses

            8.4.1 PPP Contracts under various Legal Systems

• Common Law System 
• Civil Law System 
• Islamic law 

8.4.2 PPP Key Contractual terms

                        8.4.2.1 Force Majeure

• The Concept of Force majeure
• Force Majeure and hardship clause
• Consequences of Force Majeure

            8.4.2.2 Material Adverse Government Action

            8.4.2.3 Change of Law

• Concept of Change in Law
• Relief and Compensation

            8.4.2.4 Termination of Contract

• The concept of contractual termination
• Early Termination by the Public Authority

            8.4.2.5 Governing Law and Dispute Resolution 

The PPP Governing Law
• The PPP Dispute Resolution

Chapter 9: Alternative Dispute Resolution

9.1 General

9.2 Advantages and disadvantages of ADR

9.2.1 Benefits of ADR

9.2.2 Disadvantages of ADR

9.3 Forms and Types of ADR

9.3.1 Adjudicative ADR

·         Arbitration

·         Neutral Fact-Finding

9.3.2 Evaluative ADR

·         Peer Evaluation 

·         Specialist or Expert Evaluation

9.3.3 Facilitative ADR

·         Mediation

·         Conciliation 

·         Consensus Building

9.4 International Platforms 

            9.4.1 The ICSID

9.4.2 The International Chamber of Commerce

            9.4.3 The Arbitration Institute of the Stockholm Chamber of Commerce (SCC)

9.4.4 The Hong Kong International Arbitration Centre (HKIAC)

9.4.5 The Singapore International Arbitration Centre

9.4.6 The Cairo Regional Centre for International Commercial Arbitration

Chapter 10: Project Finance Governance

10.1 General

10.2 OECD Principles for public governance of PPP

10.3 Quality Infrastructure investment principles

10.4 PPP Governance Paradigm

 10.4.1 Traditional Public Administration

 10.4.2 New Public Management

 10.4.3 Collaborative Governance

 10.4.4 Private Governance Approach

Chapter11: International Project Finance and Corruption

11.1 General

11.2 Forms of Corruption

·         Bribery

·         Lubrication

·         Subornation

·         Lobbying

·         Extortion

·         Cronyism

·         Patronage

·         Influence peddling

·         Graft

11.3 Fighting corruption within World Bank Group-financed projects

            11.3.1 Effects of Corruption on Projects Finance

            11.3.2 Corruption in the extractive industries

            11.3.3 Example: Extractive Industries Transparency Initiative

Chapter 12: Infrastructure Projects Finance

12.1 General

12.2 Substantial Project Financing

12.2.1 Water and Sanitation Project

12.2.1.1 Human Right to Water and Sanitation

12.2.1.2 Water and Sanitation PPP

12.2.1.3 Best Practices in Water contracts

·         Concessions

·         BOT Project

·         DBO Project

12.2.2 Transportation and Telecommunications Projects

                        12.2.2.1 Transportation

·         Airports

·         Ports 

·         Roads

·         Railways

·         Urban Passenger Transport

                        12.2.2.2 Telecommunications

12.2.3 Climate and Energy

                        12.2.3.1 Climate Change

                        12.2.3.2 Energy Power

Chapter 13: Public Fiscal Risk Assessment Model

13.1 General

13.2Understanding the Fiscal Metrics

 13.3 PPP Accounting and Reporting

13.3.1 Budgeting

13.3.2   Accounting

13.3.3   Reporting PPPs in Public Deficit and Debt

13.4 Assessment of Fiscal Risk

 (i) Identification and Assessment of Risks

 (ii) Mitigating factors

13.5. Performing the Sensitivity analysis

GDP shock.

Exchange rate shock

·         Inflation shock.

Chapter 14: Cases study

14.1 General

14.2 Successful stories

14.2.1 Breaking New Ground: Lesotho Hospital Public-Private Partnership?A Model for Integrated Health Services Delivery

14.2.2 Ukraine: Providing Safe Harbors for Ukraine’s Economic Growth

14.2.3 Senegal- A Road leads to Economic Opportunities

 14.2.4 China (1997): The Greenfield project to install modern medium-density fiberboard plants

 14.3 Unsuccessful PPP

14.3.1   Liberia Education Advancement Programme (LEAP)

14.3.2 The New Paris Courthouse

14.3.3 International Airport of Chinchero ? Cuzco